Are You Paying Attention Yet?
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O.k., I admit....I'm not the sharpest tool in the shed when it comes to understanding economics, tokenomics and all the financial hoopla that comes with crypto.
Could be a big reason I have never really succeeded with anything crypto related, mainly because I don't understand the defi-centric stuff where all the moolah is made. I have always been a simple creature...
That's why $HIVE and $LEO have always help my attention. I can just be myself here. I don't need to impress to anyone with t/a charts and models and bolanger bands...Is that even how you spell it?
Point is, I like simple! Which has been a blessing and a curse!
Ever since $LEO 2.0 was announced, I was excited yet reserved because it's all pretty complicated....At first....When you hear all the tech terms, and acronyms thrown around in this community.
Sometimes I would go to an AMA and have more questions at the end than I did answers.
And I'm not going to try to go too complicated for this post about why $LEO is exploding right now....I think it's summed up perfectly from a graphic that @ben.haase created at this afternoon's AMA...
(I set 5% beneficiary to Ben for this epic graphic...Hope that's ok???)
InLEO, LeoDex and now @leostrategy are creating what I like to call....The no brainer machine in crypto lol
When Khal shut off the inflation a few weeks ago and made the $LEO token deflationary, things started to take shape. Essentially this token will be growing from the constant buybacks from so many sources.
The Leo Dex model is unique because we can see it already starting to build the bank of POL (protocol owned LEO) and that will end up becoming USDC which....Buys more LEO and stakes forever.
Note: Remember that there is now less than 30 million $LEO forever and ever!
You get trading income coming in from fees that...Creates more USDC and buys more LEO. And the cycle repeats and repeats....
Again, I'm not doing the model justice with my pathetic attempt at explaining it. But basically everything feeds the machine!
And on InLeo, is where I think some true magic happens....
The SIRP is being fed daily and have a look at this chart to see whaat's about to explode even more...
LOL I don't even know what that means other than......Moon shot?
Green candle gang!!!!
And don't get me started on @leostrategy other than, the best thing they ever did was bring Khal and Taskmaster on board. The model is truly remarkable and if you haven't checked out today's AMA you should.
Overall, I truly believe LEO is just getting started. The fly wheel as the smart guys say, is taking shape. The revenue from the buy backs and the SIRP being fed is just creating a monster here and I truly believe, this is just the beginning.
Now the problem I have is....I need moar $LEO and have no fiat left!!!!
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