Weekly WenSoon (Leofinance AMA) Recap - 10/4/2022

Last week Khal did an open Q&A while the Cat was away. Today we were back at it and getting all the updates on Cub and Threads from Khal.

Cub Price Holding up in a Sea of Red

The burns continue to grow and the price of cub is holding steady of late.

The liquidity pools that generate burn fees have crossed the half million mark. Pretty freaking cool.

Variable Staking Contracts

These have been in the works for a while and will be rolled out on Cub and PolyCub. Will probably hit cub first and it will essentially be a replacement of the cub kingdom.

It will be some tough choices on how long to stake. Flexibility and lower yield or long lock and higher yields. Decisions Decisions!

Threads

Threads keep getting better and here are the next group of updates expected to be out within the next couple weeks.

  • gifs and emojis

  • editable threads

  • link allowance

  • notifications

All of these are awesome and will make the user experience so much.

General Crypto Chat

Bitcoin is holding strong at the 19K level for what seems like forever.

The FED will probably raise again in November so who knows if the stock market will turn down again, which usually isn't good for bitcoin. Though, I believe this environment is what we need for the decoupling to happen.

Foreign governments are pressuring the FED to back of the rate raises as it seems to be bad for the global economy, thing is we are the reserve currency.

Posted Using LeoFinance Beta