LEO Tokenomics | June
Due to the project where I am involved (Hiveland) we are collecting the tokenomics for all the Hive Engine tokens per day.
This will allow to see and check how the tokens are performing related with burn and stake.
BURN
LEO it is being burned along the time as we can check in the above chart.
The average number of LEO’s burned during this period is 31.40094 LEO.
STAKE
LEO is staked consistently throughout this period. However, on the 15th, which is linked to LEOUP, there is a huge increase, more specifically staked 30082.99 LEO’s.
Other thing that we can check if a LEO power down at 19th (2456.713 LEO’s were unstaked).
Average daily LEO staked, excluding LEOUP, is 19.53631 LEO
In conclusion, LEO continues to be consistently staked which is good for LEO. We can also conclude that LEOUP had an excellent impact.
Posted Using LeoFinance Beta
https://twitter.com/CryptoSimplify/status/1544477169228849154
The rewards earned on this comment will go directly to the people( @cryptosimplify ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Honestly a little shocked that so little is staked each day?
Posted Using LeoFinance Beta
It is true.
According to Hive Engine data.
Posted Using LeoFinance Beta
Interesting that people continue to stake Leo, stacking for the future. I think it shows a lot of faith in the project.
Please check out my project Hive Business Center link. The purpose of the project is to create a central point where all businesses on Hive can post articles about their business, and they can be listed in a single alphabetical list or directory. Please let me know if you know of any businesses on Hive, or businesses accepting Hive Backed DOllars.
THank you.
Posted Using LeoFinance Beta