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RE: What's Going to Stop the Decline of the Cub price?

in LeoFinance4 years ago (edited)

Yeah that's my view too that this coming hard fork will either make it fairer for the masses or just be the beginning of Hive death. The coding behind these projects is too slow. I too thought LEO was a stand out.. and.. IT IS. But they've dropped the ball recently.

The doings of BIG HYPE and not delivering. Take too long though and you're likely never going to recover. It's going to be on everyone's mind that maybe the capabilities aren't there. The token price shows that imo.

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Instead of focusing on what they started, that is to provide a decent tokenized and social UI to the masses they overextended themselves with all the #Defi - and I don't blame them. But what they forgot, is that most of the LEO funds were provided by the community and if they wanted to catch the train they should have thought of rising the funds and liquidity first.

There's no good #defi (outside Uni, balancer, and similar) that succeeded due to a good product, they all made enormous TVLs based on the fucking hype and marketing.

Time to rethink what we're doing here.