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RE: Units vs Price | Staking vs Income

in LeoFinance • 2 years ago

A few things

  • Ads are not burning LEO this was the case way back when but right now the revenue is being pooled into a smart contract and at some point it will be used to buy LEO off the market and award it to those who are staking LEO tokens.

  • 16% APR comes from buying the LEO again through the hive power generated. So it's selling Hive for LEO (at least that's my understanding)

2 years ago in LeoFinance by
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     2 years ago (edited) 
    • Well, I think I am a big user and I have missed the last update, oops. In any case, it could could reduce supply or be used in contests, etc... but it does not reduce emissions automatically.
    • I did not understand it that way. I don't think these are LEO bought on the market. Also, as Hive curation is 8-10% max, that is still an extra 6-8% APR paid in LEO and emitted.

    Thanks for your answer!

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