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The Weekly Leofinance AMA (WenSoon Show) Recap 11-8-22

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After a one week hiatus we are back and with a special guest cameo from one of our original members!

Crypto Market, Splinterland and Leofinance Updates!

We talked about all the things today, roundtable style.

FTX King of the Hill No More..

Just a couple months ago FTX and Sam Bankman-Fried were the darlings of crypto and talked about as being the next big player in the space.

And then today happened. The latest news is the Binance will be acquiring FTX in a huge deal, but there is so much speculation on why and if FTX is having a liquidity crisis.

The FXT token is being sold off hard as I type this, which such volatility we shall see where it ends up by end of day.

Cryptos to buy....

We chatted what we are looking to buy if anything on this dip. @khaleelkazi did a little bitcoin trading and scooped up some hive. I'm eyeing HIVE and ATOM as potential adds along with RUNE with it being so low still.

Not financial advice, of couurse.

Splinterlands

We got a guest appearance from @nealmcspadden and received a solid Splinterlands update on everything from governance votes to airdrops.

There is currently a partnership with a new game called tower defense where SPS stakers will receive airdrops of that game's token as well.

Leofinance is Project Blank

This is certainly not a spoiler at this point but the shift has been made where leofinance is essentially Project Blank. With threads jugging along and leofinance being a place for short-form content with access to long-form content it organically made sense to not make a standalone app.

All of this will come to more fruition when the new UI is launched in the next month or two.

Multi-token bridge revenue continues to grow

Revenue continues to grow as the amount of coin staked in pools with bHBD, bHive and the like increases.

The attractive yield of the bHBD pool seems to be bringing in dollars from the traditional stable coin pools.

All this means is more burns. Burn baby burn!

See ya next week!

Posted Using LeoFinance Beta