Hopefully not, I think it is worth a try, the people currently inside the ecosystem probably won't exploit the system but I guess down the road when the new user of the previous new user is refffered, we won't know their intentions. Worst case scenario, stop giving money when it does happen. And also the fact that you only get 10 LEO is the users is not active is a good thing. You have an incentive to bring active users that will make others buy a subscription to #premium.
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If you look at Simply Analytics,the same number of new sign ups are creating accounts every day,but you see none of them in the feeds.This is because the users here are creating them and NOT new users,I think your trust is misplaced
Maybe it is misplaced, I actually didn't study the data, it was just an opinion based on the fact that members actually have an incentive for the platform to succeed and faking numbers isn't going to help.