Introduction

AMA Surprise News

• I am reporting on a significant development concerning the LEO tokenomics. The LEO token, which has historically funded author and curation rewards through inflation, is transitioning to a zero-inflation and potentially deflationary model. This strategic shift means that rewards will no longer be generated from newly minted LEO tokens. Instead, revenue generated by the INLEO platform, particularly the highly successful LeoDex app, will be utilized to buy back LEO tokens directly from the open market. These acquired tokens will then autonomously populate the SIRP, from which author and curation rewards will subsequently be distributed. This pivotal change, originally slated for the mid-2030s, is being fast-tracked due to the impressive performance and revenue generation of LeoDex.

Body

SIRP equals System Income Rewards Pool.

• A future date change in the Leo token economics has been moved to a present date change.
• Wen has become Soon.
• SIRP, which means System Income Reward Pool was always been in the future plans for the Leofinance Social Media Site rewards Pool Future.

Whats the rewards pool again?

• The rewards pool is where all post, comment and thread rewards come from.
• This has been normally supplied by printing new tokens everyday and adding them to the rewards pool.
• Printing tokens, like printing fiat is called Token Inflation.
• But the Founder of Inleo, @khaleelkazi has always planned to do away with token printing, like Bitcoin slowly does away with token printing.

Will there still be post, comment and thread rewards?

• Yes.

What is the replacement for Token Printing?

• His replacement for the token printing as a source of tokens in the reward pool is token buybacks from the open market, using income generated by the project.

How is this possible?

• Now that the projects cryptocurrency exchange called Leodex is generating significant profits @khaleelkazi has decided to make the once future change from a rewards pool fueled by inflation to a rewards pool fueld by income an current or present time change.
• This a WEN become SOON.
• :)
• @khaleelkazi and TEAM made the decision to accelerate the implementation of the System Income Rewards Pool (SIRP) model.
• Inleo Rewards go from inflation derived rewards to income derived rewards.
• Leo goes from an Inflationary Token to a Deflationary Token.*
• This means the end of the Leo Inflation Reward Pool and the birth of Leo Income reward pool.
• Welcome to the Future.

Last words or summary

Key Points of the Accelerated SIRP Model

• Now for review and clarity, this is my understanding from @khaleelkazi AMA explanayttion and his later post, rewritten in my personal style and certainly containing some interpretation.

• Accelerated SIRP Implementation: The System Income Rewards Pool (SIRP) model for LEO tokenomics is being fast-tracked, significantly moving up its original timeline.
• End of Inflationary Rewards: The existing LEO inflationary rewards pool, responsible for funding author and curation rewards over the past six years, will cease minting new tokens. This marks the conclusion of LEO's fair launch distribution phase.
• Revenue-Driven Rewards Pool: The new rewards pool will be fueled by revenue generated from INLEO platforms, with the LeoDex app playing a crucial role in this revenue generation.
• LEO Buybacks: Revenue will be systematically used to buy back LEO tokens directly from the market.
• Autonomous SIRP Funding: These bought-back LEO tokens will autonomously fund the SIRP, ensuring a sustainable source of rewards.
• Consistent Reward Distribution: The method for distributing author and curation rewards will remain unchanged; however, the source of these rewards shifts from newly minted tokens to tokens acquired through buybacks.
• Deflationary LEO: With the cessation of new LEO minting and the introduction of ongoing buybacks (along with planned adjustments to LEO Bridges), the LEO token is poised to become a deflationary asset.
• Upcoming Communications: The team will continue to release detailed content, including videos and weekly AMAs every Tuesday at noon EST, to provide comprehensive information on these changes.
• Promote LeoDex: Community members are encouraged to utilize and share LeoDex.io as a premier platform for trading cross-chain assets.

Get a Ten Percent Discount on all Trades by using my referral code!

• A special 10% discount on cross-chain trades is available when using the referral code shorty. LINK-> shorty
• The Future is Now

The End.

This post was written by @shortsegments

#Thank #you #for #reading #my #post

Picture Source

Picture Source

Posted Using INLEO