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@taskmaster4450le
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It is basically LEO in both instances.

While LEO is swapped for LBI, it is backed by LEO. The LEO is powered up and used to generate a return on the LEO that is already held. Having LBI tokens means that one is entitled to the dividends each week as well as the appreciation in the token as the value of the assets backing it increases.

This is how SPI worked.

Posted Using LeoFinance Beta