Leo Finance - LEO token is riding the waves of success even in a stormy market

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The crypto market is tumultuous right now and it gives us downs and ups and simply doesn't show a clear trend. But one project that shows positive signs in all this uncertain times, is the Leo Finance Everything app in the form of new UI that embedded both short form and long form of content creation. Some are naming it the Crypto Twitter others know it under the codename Project Blank, but I see it as an evolution of Leo Finance platform itself which metamorphized in something better and aggregated, rather than keeping different components separated. To put it simple - the one stop shop for web3 social media, for both fast finger and thinkers social media consumers and well established, written and article posting content creators.

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With the launch in Production of the new UI, Leo Finance introduces a set of new mechanics for the LEO tokenomics which are showing positive results. We are seeing at last the new age of tokenomics for $LEO and its impact on the market, by having a clear path for putting value back into the system and not only take value out. Here are the mechanics put in place for this purpose.

  1. Burns increase on @leoburn
  2. @leo.voter $HIVE earnings buy LEO for delegators
  3. $LEO is bought by the LeoAds smart contract for LEO POWER Yield

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Source: LeoDex

Looking on LeoDex at the market price for $LEO we can already see an uptrend in terms of price and the fact that each days it simply keeps of adding a little bit of value after another. Also considering the official announcements it seems that the "inflation dropped from 25k tokens per day to 5k and along with that the burns increased from @leoburn (~350 per day) while $10k LEO are bought per month for delegators". All this expansion ultimate translates into price improvement and we already see that.

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On top of that there is a running Zealy campaign, where you do social media engagement and share the prize of 10k USD, Leo tokens, 200,000 Hive delegation and other interesting prizes. Crazy prizes for a launch that was never seen before on the Hive blockchain. You can read more on this on the official post - Zealy Campaign Walkthrough! $10,000 USD + 200,000 HIVE POWER Delegation + Limited Edition NFTs + LP Delegations and More!. You can join Zealy using the following invite - https://zealy.io/c/join/invite/CIOTjPyFhUKdO5z6o906L.

Posted Using LeoFinance Alpha

hive-167922 leofinance zealy web3 development ctp pob palnet neoxian marketing campaign
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9 comments
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Burning Leo, buying Leo for it’s users and last but not the least, buying more Leo throu LeoAds .. all 3 initiatives are working great together to pump the price even in this bear season. Not to mention that the Leo Adaption campaign on top of these are attractive many new users to the platforms which also results in an insane popularity. I strongly believe that a bright future is waiting for us and Leofinance is about to getting the title of most used web3 social platform in near future !

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If this works and it seems to be so, it should be a model for the other communities to use in order to strengthen their tokenomics.

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Burning tokens always bring some greenery to the market, hopefully, it will remain for a longer time, as the overall market sentiment is bearish and there is blood in the market. Here, I really want to appreciate the Leo team for these great initiatives, it will not only increase the Leo price but also increase the trust of the people on Leeo.

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The current changes in Leo tokenomics will be great for the leo price steadily increasing it. Couple that with the adoption campaign and all other developments and we'll see that the team is working on all angles, preparing for an expansion phase.

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Steady growth is the key of the game. I would like to see the stats after 1 Month since the new mechanics kicked in and see how these work out. For now they are doing quite well and improving LEO price swiftly.

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I've been off for days but this seem to be quite informative
Thanks so much

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