This Is Why Leofinance Will Be A Raging Success
Leofinance is on fire and it is just getting started.
This article is not going to focus upon the development that is taking place, although that is certainly something to consider.
Instead, what this will concentrate on is the fact that there are a number of active people who are excited about what is taking place. Couple this with the fact they are energetically pursuing their the goals they set for themselves.
Today there was a post that really explained how things are work on here.
It was put up by @nickyharvey.
The topic was the fact that the author was able to accumulate more than 800 Leo Power in 7 weeks. This put the writer at the Orca level.
What was most fascinating is not so much the article but what took place in the comment section.
A number of people posted how they are in the process of pursuing different goals for themselves.
Then we see this post by @anggreklestaleo. It spelled out the goal of 10K Leo Power.
I have a target of 10K Power. I find it quite difficult for me because I have to halve the income from my content to pay for my monthly bill and my investment.
Right now, I only focus on investing in Hive and Leo and investing in additional by creating content on other blockchains.
I currently have about 3.8 K Hive Power and on the @anggreklestaleo account, I have 4.97 K Leo Power.
We talk a lot about community. It is easy to lean that way based upon activity. However, in Web 3.0, it is vital that people look to lock up the token. Staking is a vital part of tokeneconomics.
Here on LEO, we have a very tight circulation of the token. Most of the LEO is either stakes or in the liquidity pool on Ethereum.
People often wonder where buying pressure comes from. With people like those mentioned here, along with dozens of others, trying to achieve different LP levels, those who come later are going to have a tough time getting a decent stake.
In addition to what is presently in operation, we are going to see the LBI project kick off on December 7th as well as other liquidity pools in the future. This will also serve to eat up LEO that is available.
A community of people who want more stake while also being willing to put forth the effort to get there will be strong. It is the best tokenomics there is. Having people doing all they can to get more, that will always provide a baseline in buying pressure.
Those mentioned in this article are just the tip of the iceberg. If anyone else has LP goals they are working upon, please let us know what they are in the comment section below.
If you found this article informative, please give an upvote and rehive.
gif by @doze
Posted Using LeoFinance Beta
