Which reduces the Leo in circulation. If demand is above supply, you know what happens?
Plus, there is more reason to hold Leo. So more people want to stake
Lucky shot I guess. I think I was preparing for the Zealy quests where you had to power up a certain amount and thought it will create demand when people really get into those quests. And it did!
Which reduces the Leo in circulation. If demand is above supply, you know what happens?
Plus, there is more reason to hold Leo. So more people want to stake
Yep. It doesnt take a genius to figure it out.
Also, as more streams of revenue are added, it becomes a circular economy, feeding onto itself.
I am pretty sure we are going back to those days when $Leo and $hive were the same price.
I'm pretty aware of supply & demand and to me, it sounds like a pretty sweet deal for us holding LEO already :)
It sure is... Look at your Leo stake. It has doubled in the last one month in terms of price
It sure has. I even managed to get a pretty nice chunk at the bottom! :)
I envy you. I was trying to be conservative and paid double in the end 🫠🫠🫠
Lucky shot I guess. I think I was preparing for the Zealy quests where you had to power up a certain amount and thought it will create demand when people really get into those quests. And it did!
It goes back to LEO Power holders proportionally to their stake, so the more you stake, the more you make. It's a virtuous circle
Sounds good to me. Hard to find any cons in that kinda cycle
That is my understanding. Is this correct @khaleelkazi?
Oh, now I remember. Of course! I remember reading about it some time ago. Such a great system!
Yep. It is incentive for people to stake $LEO. This really changes the dynamic of what is taking place here.
Staked LEO gives one a portion of the ad revenue. And then we are going to add more streams.
Definitely. I wonder though if the returned LEO to LP holders will be in liquid or staked?