That is also true. The price of Hive affects the price of LEO, at least on HE. Of course, there is bLEO and wLEO which help to offset that, or should.
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That is also true. The price of Hive affects the price of LEO, at least on HE. Of course, there is bLEO and wLEO which help to offset that, or should.
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Yes but I think the APR will naturally correct so that bLEO, wLEO and CUB should be close to each other. If it isn't, there should naturally be people adding in on the other fronts to get more returns.
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They don't "add in", they arbitrage. When Hive spiked, Edicted sold his Cub for bleo at say 1.00, moved bleo to leo, sold the Leo for 1.5 hive before the orders changed, then sold the hive for busd or bnb, then moved it back and bought Cub. I think he said he made like $400+ and bought back around 130 more Cub than he started with. So, you are correct that bleo, wleo, and leo should all remain close to each other but it is BECAUSE of actions like this that that is the case.
It is the same for any crypto on any exchange but the fact that Leo is not very liquid on H-E makes those opportunities more prevalent.
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Yea the liquidity on HE is fairly bad. I think the early people might get a bit lucky with the diesel pools creating a buy or sell wall.
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