You are viewing a single comment's thread from:

RE: Getting wLEO listed on Uniswap is not going to be what makes wLEO Moon...

Yep and more things to come on top of that.

How about subscription based services utilizing LEO? How about social media capabilities surrounding finance on the UI?

These are some things in the works.

Posted Using LeoFinance Beta

Sort:  

I was even thinking of a lock up incentive for the leo holders, that would trigger people to not power down their stake but instead earn interest for specific time frames (1 month locked stake -> xleo. 3 months locked stake -> 2x leo and so on and so forth)

That would put even more pressure on the price because the only way to keep earning leo tokens would be either by creating content aka earn author rewards or by curating content aka one needs a significant stake to mine new leo tokens. Oooor...buying directly from the open market

Win win in every case. Just brainstorming here

Interesting thoughts. Isn't that what the purpose of LEO Power is though?

Nobody earns more leo tokens just because they lock their tokens as LP. I am talking about i.e everyone who decides to lock their leo tokens for 3/6/12 months without powering down their stake will earn x/2x/5x xtra leo.

Yep and I believe I heard something about collateralizing wleo? Which would be very big...

I think there will be a push for it. Getting listed in a few locations is the starting point. Will that make wLEO more attractive to the collateralizing market? We shall see.

Posted Using LeoFinance Beta