Leofinance WenSoon Show Recap - 5-16-23

in LeoFinance2 years ago

What an awesome week in the leofinance ecosystem!

We saw LPUD hit a new record and the inflation rate on LEO get dropped, we'll get into it all below.

LPUD Hits New Record!

Power up day had a hell of a day with 525K leo being powered up, shattering the prior record of 333k.

267 lions powered up and it game from all levels; dolphins, plankton and others.

LEO Inflation and Burns

The inflation rate on LEO dropped from 25k a day to 5k due to burns and the purchase of leo to pay out delegator curation rewards.

This trend should continue as the bounty acct needs to buy more leo as delegators continue to grow.

Monthly Active Users

Leofinance continues to see growth here as MAUs already hit 1,030 by the halfway mark of the month.

There have been 71K threads in May already, crushing the previous record of 43K in February.

Curation Updates

The way threads are curated has seen some changes and the @leogrowth account is the place to see what that entails.

It mainly has to do with limits based on pride rank and such.

Zealy Campaign

The latest keyword(s) were announced during the show. You can llisten to the replay here to hear it.

Other random updates

Account switching is now live so soon is now. Photo uploading is also live, mainly seems to work fine on desktop - mobile is a wildcard and should be good in the next week or so.

Following tab for longform is in the sooniverse, along with editing threads.

Crypto Market Chatter

Bitcoin teased as all and poked below that 27k area support before rallying and forming a reversal candle. Price has not really rallied off that yet, but it also has held the support so it will be interesting to see what happens over the rest of the week with price.

Onward and upward

Bugs keep getting worked out and features added so the UI expereince continues to get better. Until next time!

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Great show and things are firing up within the Leo Finance metaverse.

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Check out our last posts:

LEO Power Up Day - May 15, 2023
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