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RE: What is LeoBacked Investments? - @lbi-token

in LeoFinance3 years ago

If I got it right, the purchase of LBI will be available by direct sending LEO to LBI, and there will be NO LBI tokens owned by LBI on the Leodex (Hive ENging) market? Only if someone decides to sell their tokens?

The project sounds exciting and will try to not stake all my LEO in the next few days/weeks... :)

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The tokens are a direct sale so the only ones are Hive-Engine will be the ones individual people put for sale up there.

Once the level of the total is reached, be it 100K or 250K, whichever the community decides, then the rest will be burned.

Then the only way to get LBI is on HE (or Leodex).

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That's exactly as I thought it will be... and the best solution to keep things neat and clean!

Thanks for the clarification!

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Simple and transparent works best for everyone :)

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