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RE: LeoThread 2024-12-30 17:37

in LeoFinance3 months ago

Yesterday, LBI bought back 933 LBI tokens as a one off move - and they were burned.

The price of LBI was low in the LP, and some liquid funds were available from our HBD unstake, so I bought up enough to roughly restore the pool price to around the asset backed value.

Anyway, there are now 933 less LBI tokens in circulation.