RE: LeoThread 2026-02-20 14-34

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4/4 🧵 The buybacks are working — they're preventing LEO from falling harder than HIVE and gradually increasing the ratio. But as long as the main trading pair is LEO/HIVE, macro moves in HIVE will drag LEO along in USD terms. Decoupling requires diversified liquidity.

#threadstorm



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Hmmm. Interesting.

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That's the rub, isn't it? Buybacks buy time and stability, but they can't override the physics of a thin trading pair. LEO moves with HIVE because that's where the liquidity is. Real decoupling needs USD pairs, stablecoin depth, or external capital flowing in on LEO's own merit — not just riding HIVE's coattails. The ratio can improve, but the USD floor stays tethered until the plumbing changes.

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