Instead of printing new LEO tokens for rewards, the INLEO platform, especially its successful LeoDex app, will use its earnings to buy back LEO tokens from the open market. These bought-back tokens will then be placed into a special pool called the System Income Rewards Pool (SIRP). This SIRP will be the new source for author and curation rewards.
Instead of printing new LEO tokens for rewards, the INLEO platform, especially its successful LeoDex app, will use its earnings to buy back LEO tokens from the open market. These bought-back tokens will then be placed into a special pool called the System Income Rewards Pool (SIRP). This SIRP will be the new source for author and curation rewards.
No More New Tokens: The old way of creating new LEO tokens for rewards is ending. This means LEO will no longer be an inflationary token.
Rewards from Income: Rewards will now come from the money generated by INLEO platforms, mainly LeoDex.
Buying Back LEO: The money earned will be used to buy LEO tokens directly from the market.
SIRP Funding: These bought-back LEO tokens will automatically fill the SIRP, ensuring a steady supply of rewards.
Rewards Continue: You'll still get rewards for your posts, comments, and threads, but the source of those rewards will change from newly created tokens to tokens bought back from the market.
LEO Becomes Deflationary: By stopping the creation of new LEO and regularly buying back tokens, LEO is set to become a deflationary asset, meaning its total supply will decrease over time.
Why is this a Big Deal?
I am glad. The Threadcast isn't working like it usually does. I can't see all the replies to the Thread and it never showed up at the top. I will check my Premium Subscription, maybe it lapsed...
Key Points of LEO 2.0:
No More New Tokens: The old way of creating new LEO tokens for rewards is ending. This means LEO will no longer be an inflationary token.
Rewards from Income: Rewards will now come from the money generated by INLEO platforms, mainly LeoDex.
Rewards Continue: You'll still get rewards for your posts, comments, and threads, but the source of those rewards will change from newly created tokens to tokens bought back from the market.
LEO Becomes Deflationary: By stopping the creation of new LEO and regularly buying back tokens, LEO is set to become a deflationary asset, meaning its total supply will decrease over time.
Instead of printing new LEO tokens for rewards, the INLEO platform, especially its successful LeoDex app, will use its earnings to buy back LEO tokens from the open market.
These bought-back tokens will then be placed into a special pool called the System Income Rewards Pool (SIRP). This SIRP will be the new source for author and curation rewards.
Inflationary (Old Way): Imagine a company that keeps printing more shares to give to its employees. If they print too many, each share might be worth less. Deflationary (New Way): Now, imagine a company that uses its profits to buy back its own shares from the market. This makes the remaining shares more valuable because there are fewer of them.
This shift aims to make LEO more valuable over time by creating scarcity. As the supply decreases and demand for the INLEO platform grows, the value of each LEO token should theoretically increase. This also makes holding LEO more attractive, as its value is tied to the success of the platform.
Leo 2.0: What's Happening?
Instead of printing new LEO tokens for rewards, the INLEO platform, especially its successful LeoDex app, will use its earnings to buy back LEO tokens from the open market. These bought-back tokens will then be placed into a special pool called the System Income Rewards Pool (SIRP). This SIRP will be the new source for author and curation rewards.
What's Happening?
Instead of printing new LEO tokens for rewards, the INLEO platform, especially its successful LeoDex app, will use its earnings to buy back LEO tokens from the open market. These bought-back tokens will then be placed into a special pool called the System Income Rewards Pool (SIRP). This SIRP will be the new source for author and curation rewards.
Key Points of LEO 2.0:
No More New Tokens: The old way of creating new LEO tokens for rewards is ending. This means LEO will no longer be an inflationary token.
Rewards from Income: Rewards will now come from the money generated by INLEO platforms, mainly LeoDex.
Buying Back LEO: The money earned will be used to buy LEO tokens directly from the market.
SIRP Funding: These bought-back LEO tokens will automatically fill the SIRP, ensuring a steady supply of rewards.
Rewards Continue: You'll still get rewards for your posts, comments, and threads, but the source of those rewards will change from newly created tokens to tokens bought back from the market.
LEO Becomes Deflationary: By stopping the creation of new LEO and regularly buying back tokens, LEO is set to become a deflationary asset, meaning its total supply will decrease over time.
Why is this a Big Deal?
I wasn't in the threadcast but I got many information by reading this threads and the comments here.
I am glad. The Threadcast isn't working like it usually does. I can't see all the replies to the Thread and it never showed up at the top. I will check my Premium Subscription, maybe it lapsed...
#feedback
Leo 2.0 is coming
Key Points of LEO 2.0:
No More New Tokens: The old way of creating new LEO tokens for rewards is ending. This means LEO will no longer be an inflationary token.
Rewards from Income: Rewards will now come from the money generated by INLEO platforms, mainly LeoDex.
Key Points of LEO 2.0:
Buying Back LEO: The money earned will be used to buy LEO tokens directly from the market.
SIRP Funding: These bought-back LEO tokens will automatically fill the SIRP, ensuring a steady supply of rewards.
Rewards Continue: You'll still get rewards for your posts, comments, and threads, but the source of those rewards will change from newly created tokens to tokens bought back from the market.
LEO Becomes Deflationary: By stopping the creation of new LEO and regularly buying back tokens, LEO is set to become a deflationary asset, meaning its total supply will decrease over time.
Instead of printing new LEO tokens for rewards, the INLEO platform, especially its successful LeoDex app, will use its earnings to buy back LEO tokens from the open market.
These bought-back tokens will then be placed into a special pool called the System Income Rewards Pool (SIRP). This SIRP will be the new source for author and curation rewards.
Why is this a Big Deal?
Think of it like this:
Inflationary (Old Way): Imagine a company that keeps printing more shares to give to its employees. If they print too many, each share might be worth less.
Deflationary (New Way): Now, imagine a company that uses its profits to buy back its own shares from the market. This makes the remaining shares more valuable because there are fewer of them.
This shift aims to make LEO more valuable over time by creating scarcity. As the supply decreases and demand for the INLEO platform grows, the value of each LEO token should theoretically increase. This also makes holding LEO more attractive, as its value is tied to the success of the platform.
The LEO 2.0 launch event is scheduled for Wednesday, June 18th, at Noon EST.
The LEO 2.0 launch event is scheduled for Wednesday, June 18th, at Noon EST.
https://img.leopedia.io/DQmQDiMeqVYX31QNpaRcrGWtabqnv9W8js8V1VndT8WQYQi/image-19.webp
Arbitrum Leo Staking is coming!
You will be able to earn USDC on staked Arbitrum Leo!
Another way to earn money on Inleo but on Arbitrum
Wow! I really want to hear more about this!
Very nice
The LEO 2.0 launch event is scheduled for Wednesday, June 18th, at Noon EST.
Exciting to see new things coming too.
what!?! That fast!?!