Riding LEO To Great LBI Heights
We often discuss on versus off chain investments. With @spinvest, this was a natural since, when that was started, there were few on-chain options. Today, there are a few more which we will always look at taking advantage of. However, there are a few things under the Leo umbrella that will take place which can be utilized by LBI to further the value for all the token holders.
Perhaps you have heard of LeoFi. This is going to be a decentralized finance platform built on Leo. This is going to offer similar features as what we see on Ethereum, yet it is right here on Leo. That is a huge advantage to LBI.
We all know the names like Uniswap, Curve, and Compound. They are enormous applications that are pulling in billions of dollars. Over the next 6-9 months, we are gong to see applications appearing on Leo that replicate those services.
To start, we know there are going to be opportunities to get involved in more liquidity pools. This is not only the case for the LEO token but also with the new microblogging one. The format will follow the success path already laid out by Leofinance.
At the same time, some of the newer features will allow for collaterialization, loans, and a host of other financial services that LBI could possibly take advantage of. Of course, the rule of thumb is the more that is in the LBI account, the more we can get involved with.
Over time, we seek to develop outsized returns. The way Leo is progressing, it is evident to some of us that it will present "generational money" to those who are actively involved. LBI will seek to do its part to make this become a reality.
Already, there are members within this community who are experienced in utilizing different DeFi platforms. Spinvest was able to leverage one on Tron for a nice gain. Not every move has to be a homerun. Instead, a few actions taken that provide a strong return throughout the year can add up.
LBI is already one of the larger account holders on Leofinance. This is testament to the community and the desire to make things grow. We are intent on keeping as much LEO locked up as possible. The idea is what goes in does not leave.
However, that does not mean we will not take advantage of other opportunities as they arise. Curation is a wonderful baseline for returns, but it is just that. When presented with other opportunities to leverage the LEO that is held by LBI for greater gains, it is something the community is seriously going to have to consider.
The point is that as Leo expands as a platform, LBI should be able to follow that trajectory. When more financial options are offered, that is when returns can get ridiculous. The most difficult period is in the beginning. LBI is off to a great start yet it is only that. The power of compounding is really not kicking in. This typically can be seen in year 2 and 3.
Cryptocurrency offer the opportunity for life changing money. LBI presents that option to all who get involved in the project in a meaningful way. Utilizing our combined expertise means that we can push forward to provide this for those who are committed and get involved. Of course, for this to be fully realized, we need more people who are willing to get active. That is where the strength of the community comes in.
We use 20% return as a baseline but the mindset is to far exceed that. Cryptocurrency offers that potential. The difference between a 20% and 30% return is enormous over a decade. In the later, we see the numbers get much bigger.
Together we can achieve a state where the hundreds involved in LBI are going to be truly excited about their financial future. The Leo platform is going to expand greatly over the next 12 months. This will provide LBI with many opportunities, in house, to grow our returns.
So while the rest of the world is mired in 0 interest rates, we can go forth and generate substantial wealth over time. This means those who are participating will share in that.
I hope everyone is truly getting excited.
Article written by @taskmaster4450le
Posted Using LeoFinance Beta
