Do NOT Sleep on LEO...

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There is obviously a lot of energy surrounding CubDefi right now, and for good reason. The latest Full Kingdoms Launch and the upcoming press releases detailing some of the amazing developments coming down the pike have deservedly captured a lot of peoples' attention. While the rest of the crypto world has been swimming in a sea of red for the last few weeks, CUB is building momentum, and more importantly, fundamental reasons for it to climb in price. The future is definitely exciting and very bright.

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But behind the scenes, there is a forgotten child by the name of LEO that has been languishing around 20-25 cents for a while now. After spiking over a dollar at the beginning of the year, it has slowly lost it's luster as things like CUB, Proof of Brain, and Splinterlands have been stealing the limelight, and, probably more importantly, the funds people use to invest. It is understandable as, as I said, there is just so much excitement surrounding a few of these other tokens in the Hive ecosystem, there just hasn't been enough attention to go around. That said, there a three good reasons I would highly recommend you start paying attention to it again.

But first, what is it? LEO the base token of the LeoFinance system. This is the blogging site dealing with finance, cryptocurrencies, and technology. It is also the platform upon which CUB and it's Kingdoms are built. While there really isn't any physical connection between the two, they do share the development team and the same leadership. This leadership is keenly aware of the fact that LeoFinance is the community that has helped build what they've built and will continue to support them going forward. They definitely have plans to increase the value of owning the LEO token. In fact, @Khal talks about it on a regular basis in his AMA's.

Curation: Post, Comment, Vote

The first reason to own LEO is obviously it's curation power. LeoPower continues to pay very well if you put in the time and effort to post, comment, and vote on other peoples' writings. In fact, right now, with the price so cheap, you are able to gather in a lot more tokens for your curation efforts than if the price were still at a dollar. It's a great time to be working and stacking them as much as possible.

Liquidity Pools

The second thing LEO tokens are extremely valuable for are the liquidity pools on Uniswap(ETH) and CubDefi(BSC). Not only are the liquidity providers making great returns on geysers, transaction fees, and farming, they are also providing an extremely important service for building the entire LeoFinance ecosystem. Leo is the underlying token for the LeoBridge, which allows people to seamlessly and permissionlessly move money to and from the ETH chain and BSC. This generates fees which are then used to burn both CUB and LEO. While it is not being utilized to a great degree right now, it will be.

That's because there is another chain being added #soon. Polygon(MATIC). This chain was developed to take some of the pressure off of the Ethereum chain and allow much lower fees, and it does that. It also has some liquidity pools of its own, which will feed into the composable contracts CUB has created and will add a third token to the LEO family: pLEO. This chain too will require a sizeable liquidity pool and will, I'm sure, provide substantial returns to those willing to provide that liquidity.

These three chains and these three LEOs (bLEO, wLEO, and pLEO) will continue to build utility for the LEO token and the LeoBridge bringing more burning of LEO to the party. There is also talk of adding the THORchain(RUNE) to the mix. More utility. More use cases. More burning. And it keeps on coming.

Airdrops

But the third real use-case and the one that really gives me a lot of motivation to buy LEO, especially at these prices, is the fact that it IS the native token of LeoFinance. When CUB was released, people who owned LEO got an airdrop. I know it doesn't get talked about too much with all the CUB happenings right now, but there are still a couple major projects under development inside LeoFinance, the most anticipated of which is, of course, #ProjectBlank.

I don't know if you all remember, but back in January #ProjectBlank was being talked about as being the next release from LeoFinance. Instead we got CUB. Nothing wrong with that, but I want to remind people of the hype surrounding the "snapshot" being done in order to lock in your airdrop tokens. At that time, LEO climbed above $1 and over 90% of the entire supply was staked. That is still on the horizon slated for the end of this year. I firmly believe that if and when news starts filtering out about this project, the price will again rise and the supply will again be locked up. Couple this with the fact that as CUB gains more TVL and users, there will be a lot more eyeballs on LeoFinance.

I don't know when it will start happening, but, as I said, I firmly believe it WILL happen and when it does, I think $1 will be almost an afterthought. That's 4-5x from here. In roughly six months. At the same time you can be getting bigger curation rewards and/or providing liquidity and getting great returns there.

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Those are just three good reasons to be buying LEO right now. I'm sure the LeoFinance team will be enlightening us with even more over the days, weeks, and months ahead. For now, those three reasons alone are plenty for me to be accumulating. Do your own research and pay attention to what's going on and I think you'll see, LEO is a lion getting ready to Roar.

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Thanks for reading. As always, comments and questions are welcomed and appreciated!

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LEO is definitely one of my favorite alts. I like it better than HIVE for the reasons you mentioned above.

Since it's the base token of every project that comes under Leo Finance umbrella, its value is going to go up as our ecosystem expands and gets connected to more blockchains.

Powering up half of my LEOs and half of them are going to Cub Finance 🚀

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Just seems so simple to me at this point: buy it cheap and watch it go to at least a dollar when the airdrops come back into the picture. In the meantime, there are serious curation benefits to be had and you can get them for 21 cents. Simple.

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That makes total sense. My account has grown quite well in terms of curation rewards. They keey growing everytime I power up. It's a chain reaction that will grow your stake exponentially overtime. Combine it with content creation and you are in for a treat. ✌️

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I hope they look at leo as they are developing cub
Leo is a true gem here and for months people come to hive for leo
So It should not be forgotten


Posted via proofofbrain.io

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Totally agree. I think quite a few LEO holders have been selling it to buy more CUB with all the news they have right now. But I firmly believe that will change as the dev team keeps adding new pieces and, ultimately, airdrops for projects like ProjectBlank and possibly a governance token.

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I can understand why they did it.
Before Cubdefi updates CUB multiplier, curation APR is higher than CUB Dens/Kingdoms APR, so they stakes LEO to get higher profit.
Now, CUB APR is higher with new CUB multiplier, even don't need to do any curation activity, investing in CUB still has higher profit.
So why don't change to CUB :)

But I did in the reversed way.
I stake in Kingdoms/Farms to get CUB.
Sell CUB for LEO and stake more LEO.
With your information, I'm more confident in my direction.
Thanks!

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I think people have been getting tired of waiting for Project Blank because it got pushed back so much. At least CUB was given as an airdrop and a ton of people were expecting more (its free money so I am not complaining).

I continue to earn LEO on chain and I will stake a portion while the other part goes to Cub Finance or maybe the Polygon one when its available.

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I agree with the "people have been getting tired of waiting" comment. Crypto moves so fast that lots of people lose patience when things don't seem to be moving as fast as they want them to. That said, the HODLers always win. Buy when things are out of favor. Right now is the perfect time to be accumulating more LEO. As I said, worst-case, you're increasing your curation power. Best case, you increase your curation power and it does a 5x plus. When you look at it that way, $200 can become $1000. $1000 can become $5000. There's real money to be made by picking it up now while it's cheap. Couple this with the fact that the LeoBridge is just getting started and you have the makings for a very nice run.

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I like LEO, but it could certainly use a bit more transparency. How much LEO is burned from day to day? What is the base inflation rate? How much is in circulation and staked at the moment.

As far as I know all these stats are not very easy to find currently... they seem almost hidden to me.

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The burn rate I don't know about. I'm sure you could probably get someone on discord to tell you where to find it. As for the overall tokenomics (total supply, amount staked, etc.) when I click on "My Feed" it shows a pie chart with the numbers on the upper right side of the page along with the current market cap. The numbers are available. You just need to learn where to look.

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(Edited)

I don't know if anything wrong with me.
I clicked on "My feed" but I can not see the pie chart where it should be.

image.png

Posted Using LeoFinance Beta


Posted via proofofbrain.io

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It's weird. Sometimes it shows up for me and sometimes it doesn't. Just try it again later...

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Hell yea, Leo is really underpriced right now! I wish I could buy even more, but I've been adding more every chance I get

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I agree. You don't have to put in much fiat right now to get a pretty good chunk each time. $25 USD gets you 100 plus and $250 gets you over 1000. Just dollar cost averaging a little money on a regular basis can build your stake in a hurry. And THIS is the token that gets you paid more for curating. I'm pushing 10 a day just for upvoting other peoples' comments. That doesn't include any votes I receive for MY comments or content. The compounding can start have a pretty dramatic effect pretty quickly if you can find a way to keep adding....

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There are a lot of different ways to add LEO. It is exciting to see how things unfold.

I can see this being a $10 token in a year or two. Too much happening for it not to be.

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It is the danger of so many terrific projects before us. There is just too much right now that can such up resource.

LEO, Hive, and CUB all are on my list to add. It is just tough to do them all.

So we have to make choices. But they will all profit us greatly.

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Honestly it has been so amazing and fantastic with the rate at which CUB has been doing well in the crypto world. Despite the current level that CUB is now there is high probability and assurance that it is going to do better than this.

#CUBit


Posted via proofofbrain.io

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Yes, CUB has just scratched the surface. The next few months should be pretty amazing. I'm a complete HODLer of CUB and pick some up whenever I can.

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LEO was the home that saw me grow up, I am stacking every LEO I get.

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I'm with you. Leo is the reason I'm here at all. I haven't sold a single one. I just keep stacking....

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Great insight and I do agree with what you are saying. I have nearly 350 more Leo that is being added to the liquidity pools this weekend and that is a big jump for me. I see you have to get involved in order to benefit from what is being developed and will do a post about it later.

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