With LBI being 100% backed does this mean that @lbi-token will accept LBI in return for Leo if someone decided to do that? And would that token then be burned?
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With LBI being 100% backed does this mean that @lbi-token will accept LBI in return for Leo if someone decided to do that? And would that token then be burned?
Well there is a buy back guarantee from the team . I am not sure if it is in LEO or other crypto .
I don't think they will burn the LBI though , it would be a good idea to redistribute the LBI in that case just like they did with SPI .
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LBI will soon offer a 95% buy back. It'll be pretty much as you've said. Return LBI to @lbi-token, we give you 95% in LEO and either burn your tokens are resale them at 100%, prob burn them.
Posted Using LeoFinance Beta