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RE: LeoThread 2023-10-17 16:53

in LeoFinance8 months ago

Yes this is one of the many ideas behind LeoPremium and OnlyLEOs. #hbd will have a real use case and we will also utilize payments to buy $LEO and $HIVE for continuous monthly buy pressure

Then we'll LP & burn the LP tokens, creating liq..

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Ser, I don't quite understand why you burn the LP tokens. Could you elaborate?

It's to create permanent liquidity for bHIVE-bLEO

If the LP tokens aren't available, then the liquidity that gets added from monthly subscriptions will never leave the liquidity pool

So imagine $5k per month -> into liq pool forever

Ahh that makes sense. Thanks!

I really haven't been keeping up with the changes. I need to catch up. I just come onto threads and blast 10 votes. I've been busy lately. I'm counting on you to make me rich. Thx @khaleelkazi