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     3 years ago  

    Actually, I think converting Leo to bLeo doesn't affect the price, as every bLEO is backed by a LEO :).

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     3 years ago  

    Then why the price decrease? People selling Leo and buying BNB?

    Posted Using LeoFinance Beta

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     3 years ago  

    That is very well possible, but personally I think it's people unstaking and selling LEO to buy CUB. A lot of money has been flowing into that after all.

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     3 years ago  

    I don´t think so. If LEO would be primarily sinking because of trade against CUB, CUB would rise, but CUB is also sinking. I think the non-delivering of the overpromised LEO bridge, project blanc,... has made some nervous and also people are trying to participate in the immense BNB pump of the last days.

    Posted Using LeoFinance Beta

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       3 years ago  

      Exactly. Don't take my word for it, but I think converting LEO to either BLEO or WLEO burns the native token or simply, that LEO is not liquid anymore.

      Here's a delusion for you: What if LeoBridge, Kingdoms and Project Black would all get released on the same day? ;)

      On this we can both agree would be crypto heaven but alas, that ain't happening. You cannot fish the entire ocean with a single bait. :(

      Posted Using LeoFinance Beta