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RE: INLEO X DASH: Exploring our Collaborative Strengths

in LeoFinance3 days ago

I think it works for paying out LEO into Dash. But how do we incentivize Dash users to invest into LEO? I can see the value of having 10,000 users bringing wealth in. I struggle to see how having 10,000 users extracting value would be helpful. What am I missing?

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On the surface this is a good question but the answer is easy if you reverse engineer it.

First, in order to even have the opportunity to extract any real value you will have to provide a substantial amount…either by staking the LEO token (if any group/community is looking to collectively earn tokens there is no way around this) or a long-term commitment to quality content creation. Also, something to note is that any transactions converting InLEO to Dash generate fees which buy back more LEO.

Second, if we onboard 10k users, maybe 1% will actually be content creators, again without any vote value unless they purchase the token.

There are other things in place to prevent this from being an issue but in short, the potential number of sign-ups that turn into possible MAUs and investors greatly outweighs any potential “value extraction”, which is very small in my opinion.

We would need to be very diligent about teaching them to build up their stakes.