You are viewing a single comment's thread from:

RE: Participating in Leo Power Up day

in LeoFinance2 years ago

I know CUB price dropped a lot but I agree with the sink. However, I don't think burning the tokens is the best choice. LeoFinance is thinking about a ad revenue system where they share the LEO back to the users who stake and I think that is better.

Posted Using LeoFinance Beta

Sort:  

How do you think that is better. Imagine if people dump all the leo tokens given to them from the ad revenue, do you think the price will go up?

It would come staked and I don't think most people would sell it. Even if they did, they would have to power down and overtime, earning less of the staked portion over time. So I think it would just be a selloff at the start but it won't affect prices as much.

Posted Using LeoFinance Beta