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

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Behiver
@behiver
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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.

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

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.

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