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RE: Starting to think about LBI token buy backs

in LeoFinance4 years ago

No, I never considered it. It's been a few months but I used to tracked all of brofi tribal earnings, incoming, outgoing, buy and sell orders. At the time, they were buying back 10.5 BRO tokens per day and issuing 15 per day as rewards. They hold back 20% for brofund. They were earning 13.125 BROs worth of tribal tokens per day in total and losing 2.875 BRO per day. It's a good service for those that use it and is a small price to the Brofund to pay. I doubt brofi has any effect on the BRO token price and it's more to do with Ray being super HIVE bullish and having alot of supporters (im one).

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Hahaha me too. My only regret was not buying more but I have that regret with ALL the tokens I'm in. Unfortunately we all have limits to what we can play with. I once broke mine and I paid the consequences and learned why I have a budget so now stick to it.

Slow and steady wins the race.