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6 days ago the Liotes project launched and we would like to present you what we have done so far from a financial perspective.
All the proceeds from LENM sales are sent to the account @liotes.fund where they are powered up and leased out to several projects. We try to maximize the interest that we get from these delegations because they are the main income source for the project.
25% of this income is used to grow the Liotes fund. 25% is used for the buy back program and the remaining 50% is used to grow the secondary income streams. At the moment we concentrate our efforts in increasing our LEO power but we try to make all these income sources grow at the same time.
Project Liotes is on track
What we can say after less than a week is that we are on track and things are working as planned :-).
Future developments
Our principal focus at the moment is to make sure that the financial basis is built correctly to guarantee a maximal return. Once we are happy with how things go, we will present you our next projects. We have quite a lot in store ;-)
End of launch sale in 4 days
Don't forget that the launch sale will only last until the 19th of march. After this date, LENM tokens will be sold at the price of 5 Hive by us.
Liotes
A project run by @ph1102 and @achim03
Resources
▶️ 3Speak