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RE: LEO 2.0 | Rewards Pool Changes, Buyback Period, Migration to Arbitrum

in LeoFinance4 months ago

Not a fan of this cap.

If you prefer a permanently inflating token that is less valuable, there are a lot of options out there in crypto.

Having a finite cap with a reducing supply from people bridging LEO will create more economic value on existing LEO. It is a no-brainer.

People won't stop bridging bc the value of LEO on each chain is separate but can be arbitraged. It creates a constant need to bridge and therefore, a constant stream of revenue for LEO Burns

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Burn a token with fixed supply constantly and eventually the supply will be zero.

🤷🏽‍♂️

The number of LEO tokens will approach zero in the limit. It can never be zero. It's just simple math. But it will be in near zero teritory after a long period of time (you and I won't be alive, maybe even sun will be a new black hole...).