RE: LeoThread 2025-06-26 12:01
You are viewing a single comment's thread:
Inquiring minds, aka Jongo is asking himself....
SIRP buys off leodex -> LEO gets distributed on Hive Engine.
How does the leodex LEO come to HIve Engine for distribution?
Or am I missing a step, which I'm sure I am because....You know....It's Jongo.
0
0
0.000
Good question. Although I am not sure it's buying LEO of Leodex already? I think so far it buys heLEO, thus from HE.
Just my guess, should probably wait for khal's response to be sure.
yeah i'm sure i'm missing a step or overlooked something.
I checked the richlist:
ahhhh so there's already a bank of these. makes sense
Yes apparently, but I don't know how it got filled and since 2 days, it only paid out so no idea how it is/will refill(ing)
they've had a bunch of LEO stored up I'm assuming, seems to be working, even better than the inflation payouts
Yes, I am receiving decent amounts as well :D
Helps me to build my stash :D
On the he blockexplorer, I found that the account got filled until 2days ago through a contract (I don't understand it enough to understand what the contract did though)
LEODex leo is arbitrum (ethereum L2) leo known as sLEO and HE LEO is LEO.. which is burning. buyback and chopping on HE going on.
right so all the flipping happens on leodex, for s or pLEO...and then gets sent to H-E? cause that's where the payouts are coming from
Yes pretty much.. think of it like you bring something new in circulation, old is being burned and compensated through SIRP unlike HE's old token payouts after 7 days. Proof of brain is gone in this process.
SIRP does heLEO I believe.
yup, that's what we are paid in...just trying to figure out where the funds are coming from, like where that leo is being purchased and then sent to hive engine
Yeah. That is what I am saying. I THINK it is being bought on HE or one of the pools.
I am not certain though. 😂
i know the multi chain and cross chain stuff is the future and all...but dang, it's confusing LOL