LBI is not a LEO token. LBI is a token that is backed by LEO what means that for 1 LBI that is issued at least 1 LEO is staked in the @lbi-token account. 1 LBI is worth at least 1 LEO, but at the moment LBI is already worth more. If you read the first posts from this account you can find all the information you need about LBI. You can buy LBI directly from @lbi-token by sending LEO. For every 1.10 Leo you get 1 LBI.
LBI is not a LEO token. LBI is a token that is backed by LEO what means that for 1 LBI that is issued at least 1 LEO is staked in the @lbi-token account. 1 LBI is worth at least 1 LEO, but at the moment LBI is already worth more. If you read the first posts from this account you can find all the information you need about LBI. You can buy LBI directly from @lbi-token by sending LEO. For every 1.10 Leo you get 1 LBI.
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thankyou @hetty-rowan for the explanation, i can conclude from your explanation its similar like Hive and HBD right?
Posted Using LeoFinance Beta