Building LEOFinance Stronger

To be honest it's been a rough year for crypto and in particular a rough year for LeoFinance. LEO token has taken a beating all year including CUB and PolyCub. From a investor standpoint right now everything would be screaming red flag and stay away and it's most likely a big reason why we are seeing nothing but constant negative action on all three fronts in terms of price value.

This makes marketing Cub and Polycub a serious challenge and I can see why the move was pushed towards hive. The issue there however is Hives value has taken a beating as well thus a low token value means a lot of transaction has to take place for it to really amount to anything. It's far easier for a defi platform to make money when the swap tokens being traded are work 3x+ what the currently are. You instantly not only create 3x the fees but the bull push also helps fuel this even higher.

In general what we are looking at is a risk of a stagnate defi platform unless it can start finding more use cases. Personally I would have loved it if LEO DeFi projects would have pushed harder to partner up and be connected more with splinterlands. That in itself would have made the most sense and feels like a major missed opporunity. However HBD and Hive are still viable options but the APRs on those need to be greater than 20% otherwise it makes zero sense to use them being that 20% APR is now being paid for holding HBD and about 11% is being paid to Hive through daily curation and the general 2.8% APR on it.

How Do We Make It Stronger

For the most part we need constant building of liquidity on Hive but it's also going to be up to the leo team to create use cases enough that the swapping in and out of LEO, Hive, HBD makes sense and fuels the native tokens value.

I don't feel growth is going to come from investors at this point and instead right now LEO needs to start putting things into action that slowly increases the tokens value instead of the slow fall it is still undergoing. Until that action can be figured out investors are going to stay away and that means fee collection will also fall.

The burn reports from CUB currently are only burning around 50% of the emissions which still means more CUB is being printed daily then is burned. CUB Kingdoms have pretty much become near pointless as the APR keeps being eaten away from it in order to try and hold and fuel the Hive and HBD farms and it's quickly running out of wiggle room.

This for me personally has pushed me more towards building Hive and HBD and holding it instead of investing more into these platforms at the moment.

Instead that's actully pushing me more towards building Hive and in particular LEO tokens instead of the DeFi platform. While of course the DeFi platform will sit with the current investment and keep earning the chances of me pushing more in there will be reduced.

That might be a mistake or might not be as the mistake would be being that CUB and PolyCUB are such low priced now investing heavily in them now and the token goes from $0.02 to $0.04 you're talking about a huge 100% gain.

LEO Indicatives

As I said before I don't feel value will be coming from investors. Instead value right now is accrued from setting up systems and collecting minor fees.

LPUD (Leo Power Up Day) has been a huge success since implemented. I'm glad we went with the 15th of the month per my suggestion over any other date as it's easy to remember and gives enough time between Hive power up days.

We also now have a LEO power up badge and a lot more people are active and taking part in those power up days. It's crazy what a simple badge will do to get people active lol. My hopes are when the new LEO profiles go online with threads that we also get to show off these badges and perhaps other badges.

This along with heavy curation, article writing for quality posts that get pushed, weekly newsletter I write and being as active as possible in LeoThreads (I seriously want that new noti system sooner than later I feel it would allow a lot more people to be active and fuel even higher ad revenues) should continue to build my stake at a decent rate.

Further more I'm going to refocus on promotion of LEOFinance over the DeFi platforms as I feel LeoFinance has a stronger pull for growth right now over trying to pull people into DeFi. However some of my articles will be focused towards the options that it offers to hive users. I feel LEO and Hive users might be more inclined to use CUB and PolyCub being that they know Hive can earn it and then add it into a defi Platform. Liqudity is also a major issue so again another good reason to push it in that method.

This means moving forward I'll be list building LeoFinance/Hive more heavily again and backing away from the DeFi lists.

Here's the thing as a marketer and Business owner these types of evaluations are needed and things have to be pivoted based on market conditions and what related well with people. I feel this is the positive direction to move in rolling forward.

The super short version of all of this...

Less work on CUB/PolyCub more work on LEO/Hive

Posted Using LeoFinance ^Beta