You are viewing a single comment's thread from:

RE: When Would Be The Best Time To Start Onboarding Users To LeoFinance?

in LeoFinance4 years ago

Another thing that comes to my mind is that most ethereum holders are pretty much interested in only using their ETH to get rewards without actively being involved, whereas on here, they will need to blog and possibly curate. I spoke to an ETH holder friend about this, he was more interested in the direct automation of curation, buy stake in Leo with his ethereum, then stake them and curate with them without actively being there. If all this process could be automated from the wallet UI then maybe it'll be more appealing

Posted Using LeoFinance Beta

Sort:  

Yeah, passively investing in LEO is something to look into. Rather than auto-curation, I think a leasing market for Leo Power would be much more beneficial for the ecosystem and the price of LEO. Auto-voting damages curation. We don't want shit posts being auto-voted on. It would make economic sense for ETH holders to rent Leo Power to motivated curators by simply depositing ETH through the UI and collect passive income in ETH. That's because renting it to motivated curators would be more likely to positively impact the price of LEO.

Also, when wLEO is relaunched ETH holders can become liquidity providers to the wLEO/ETH pools.

Posted Using LeoFinance Beta

Yes exactly, you get my idea and have put it the right way. Namaste