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RE: LeoThread 2024-09-18 17:29

in LeoFinance19 days ago

looks like the 1 million Hive SPL bought with their DAO funds is keeping them funded.
So at this point for a $150K purchase of Hive they have access to basically infinite money from the chain as the large accounts are okay with funding them.

SMH.....
As a community we should consider this awful.

They bribed a bunch of whales saying "we will purchase 1 million hive" if you vote for us.
They made sure they bought them all at around 15 cents. Which get the Hive price repressed.

SMH.........

Now using that power to get as much money as they want.
They are only above the line by 800,000. which means the community didn't want them but they used their DAO funds to get enough Hive to get over the line.

Just use your own DAO to fund your growth, stop draining our chain.
Your not even on our chain you are on your own side-chains etc...