However, I didn't get into LeoFinance until well after the split to Hive.
Listened to one of Khal's early pods about the community and it just resonated with me.
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However, I didn't get into LeoFinance until well after the split to Hive.
Listened to one of Khal's early pods about the community and it just resonated with me.
If you had to sum up what LeoFinance is trying to do in a sentence or two, how would you describe them?
LeoFinance are a Web3 crypto community/platform like any other on Hive.
But for me the key differentials are:
This is super helpful, thank you! I've begun listening to the weekly AMAs and want to learn more about cub/polycub!
They're certainly trying some cool things with their tokenomics with the goal of making it sustainable (key word sustainable price, not moon price).
But price is still slowly grinding toward zero, meaning they're not there yet...
So if you do get in to try and take advantage of some of the high yields in LPs, my advice would be to just be super cautious of having those gains eroded by impermanent loss.
Use Debank to track the balance of your 2 tokens and consider continuously claiming and selling any rewards you make into stables or HIVE.