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RE: Took the Loss & Layered Farming 2.0

in LeoFinance4 years ago (edited)

I can see how you see it that way. I don't agree. I put a lot of money into the first wrapped Leo venture. It got hacked. I lost a lot of money. I licked my wounds and went away thinking that was it.

A bit later I discovered, much to my surprise, that Leofinance had basically given me all of my money back. ALL of it! Not only that. They compiled a study of what went wrong, figured out how to fix it and started the pool again. And they published that study for all to read.

This team is a different breed. Visionaries who are willing to take risk and willing to take others along for the ride. My trust was already high before that incident and was restored after.

They could be exceptional money-grubbing long conners, but if they are they got me fooled. Jump on. Ride the train. Don't know if it is going to Shagri-La, but it's gonna be a hell of a ride and has as decent of a shot as any other trains at getting there.

They gave everyone their money back! And tried again!

Oh yeah. It was a LOT of money. Probably a lot for anybody, not just me.

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A bit later I discovered, much to my surprise, that Leofinance had basically given me all of my money back. ALL of it! Not only that. They compiled a study of what went wrong, figured out how to fix it and started the pool again. And they published that study for all to read.

This is the most important thing. This is how you build trust.

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Totally agree, I thought the same thing!!!

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A bit later I discovered, much to my surprise, that Leofinance had basically given me all of my money back. ALL of it! Not only that. They compiled a study of what went wrong, figured out how to fix it and started the pool again. And they published that study for all to read.
This team is a different breed. Visionaries who are willing to take risk and willing to take others along for the ride. My trust was already high before that incident and was restored after.

@steemstreem wow good to hear this,this shows that the LEOFINANCE team care so much about their users.....

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They strike me as people who are winners. Winners don't always win, but they always "win" if you get my drift :-)

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I can attest. I got my money back when the pool was hacked. Things are happening at a very fast pace and we all believe in it.

!ENGAGE 40

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

 4 years ago  Reveal Comment

It should not be just about one thing.

Growth can also involve creating multiple income streams for the community and the project. There is no denying that within the crypto sphere money is instrumental in building anything.

It is also important to keep up with the trend in the sphere. This can also bring new community members into leofinance.

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They've got multiple projects being worked on. It is sometimes difficult to predict how much time something will take in software development.

I am not complaining about connecting Leo (and the whole Hive ecosystem) to the financial potential of BSC.

Besides, don't you think CubFinance can't help bring exposure to Leo as well? The team just had an AMA for BSC users where 1500 people were present. They've got more lined up.

Leo and Hive are exceptional projects in the sense that they've got ongoing distribution based on content creation set up. Anyone can come, build an audience and earn on their content. Not only that, I don't think CubFinance is the last of what we have seen in the financial front. There's been talk about building something using Thorchain, a cross-chain liquidity network. Also, CubFinance is just one week old. There is much room for development on it, too.

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@shtup you are right,more great projects will still keep coming up on the LEO and HIVE blockchain and that would make the LEO and HIVE to grow in values....

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They put a project designed for user growth on the back burner

False.
Try again.

Are you serious right now?
Have you seen how fast development is happening here?
Hiring a new dev to work on a new project isn't putting another project on a back burner.
Get real.
LEO is scaling up.

Seriously why do you think the price of LEO spike from 70 cents to $1.10 right when this product launched? Stop making wild assumptions it's embarrassing.

Your point is valid and well taken by me. However we don't really know that they are purposefully putting the cart before the horse. Maybe it just so happened that the cart got ready first and they decided to put it out anyway.

"Maybe this cart won't work well without a horse, but I bet if we put it out there some of our community will come along and push it anyway!"

And lo and behold they did :-) Maybe not as well as the horse would, but it is rolling. And the team knows the horse is coming.

I do get your point, but besides trust, another thing I like about this team is they are willing to give things a whirl when they feel it's good enough.

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