The ability to mint LEO has now effectively been destroyed
Now, every single LEO that gets burned is a reduction on the 30M supply. You can track that on Hive-Engine/TribalDex (and soon, you'll be able to see the real Arbitrum native LEO supply and burns on LeoDex)
This was a critical step in the LEO 2.0 plan. Where inflation is not only turned off (the old LEO 1.0 model) but now it can never be turned back on, since the ability to mint new LEO's no longer exists
doooooood lol absolutely epic
Told you guys LEO 2.0 would be fun
You should have recorded the screen when you sent it to null LOLOL That would have been the greatest GIF in history.
haha darn missed opportunity
It was all pre-programmed though lol it was waiting on an issuance
Maybe we can backdate a meme
Epic stuff man. Regardless, a good day for Lions.
NO MORE LEO INFLATION!
The only way is trading. Perfect plan for a booming LEO.
But that won't stop earning the tokens via threads, right?
Yes, those reward tokens will be from market.
Okay. Thanks.
So this means people can no more earn LEO via threading and blogging??
no