RE: LeoThread 2025-03-20 13:52
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I think it'd be better if they made the fees correlate to LP than being correlated Staking... Both are good though.
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You are viewing a single comment's thread:
I think it'd be better if they made the fees correlate to LP than being correlated Staking... Both are good though.
LP is staking. You stake your Leo for LP.
I'm not sure I understand... Staking LEO gives us LP? I thought you.... OH!! No, no... I didn't mean Leo Power, I meant Liquidity Pools. Wow, didn't think they had the same abbreviation when I wrote that.
Yeah, so re-read my previous comment, and switch LP with "Liquidity Pools."
The difference is that putting Leo in liquidity pools is still having it on the market. When powered up, it is removed from the market, at least temporarily.
I think the goal is to get people to invest into the platform itself.
Makes sense... I still think Liquidity Pools are the most valuable way to remove a coin from the trading while providing actual value. (Compared to burning and staking.)
Liquidity pools are designed to allow people to trade the coin or token. I dont follow. That is why they are established, to trade in and out of.
Yeah, but the money that IS in the Liquidity Pools are not themselves liquid, right?