An Introspection Into The LEO Tokenomics
Hello, every one it's @Joetunex and @Josediccus here again. In today's session, we've come to the end of our Leofinance series. Previously, we talked about management, but today we'll be looking at the Leo tokenomics in a more practical and less-techy way.
We addressed the 50% inflation rate of the Leo token and how this has been mostly touted to be the reason why the price might seem stagnated even when the run happens.
We mostly do not know how true this inflation figure might negatively affect prices. We mostly talked about how this inflation should be checked and how the project handlers can do something about it. From an investment point of view, this might be a very big issue.
Every project is looking to scale and addressing concerns that might prevent this scalability issues is important. Investors are looking to put money into exciting prospects where the likelihood of profit is higher. @joetunex talked about providing a sort of sink mechanism that has been utilized severally on Splinterlands.
@josediccus suggested a burn mechanism and the need for Leo ads buybacks to kick in. Overall, we both suggested a swift mechanism to tackle this inflation rate and why this might return Leo back to the glory days.
▶️ 3Speak
Hmm..thanks for sharing.!
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As always great talk bros, that 50% inflation is worrying. However, the good thing is that Leo Finance is decentralized and this should solve a big percentage of the major problems. It is a good thing when no single entity is running and controlling everything.
Thank you both so much for sharing and keep enjoying your weekend :}
It was challenging but nice to talk about LEO tokenomics being a tough subject. It will be to the benefit of the Leofinance and stakeholders to always seek the input of the community which I believe has been the case, and with that being the case the Leofinance can only get bigger and better.
Thank you for watching bro.
Posted Using LeoFinance Beta