This time, I think LEO got it right. This quote sums it up perfectly. I'm a fairly critical person, and it's not easy to convince me of anything. The @leofinance team has been trying for a long time to make LEO a winning and, of course, bullish token. Without much success so far. But I think that's about to change. This time, I think they've found the right formula.
Screenshot
I think the new LEO 2.0 token mania is going in the right direction, even though I'm not a big fan of token burning. But limiting the number of tokens is a great success. The burns are working very well, as you can see in the graph, and they're having a positive impact that I predict will accelerate as more people realize what's happening. That momentum won't last forever, but the next step, distributing USCDs to LEO stakers, could be the engine that sustains it in the long term.
Whatever happens, I'll be happy for them, as they've been truly persistent, and that's admirable. I'll also be happy for some friends I follow, like @jongolson, who has been working on this for a while.
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