It's already known that the LEO token is one of the most successful SE tokens (alongside DEC in my opinion).
4 days ago collected all my LEO earnings, managed to regroup them... and powered up 500 LEO Power. Delegated it instantly to my curator LEO account @curatorlink.leo.
The funny fact is... I'm not getting more LEO rewards from curation.
I mean, yes; technically I'm getting 'more' rewards as my power increased, but in overall terms I'm noticing a decline in the rewards (from all sources, being curation & mining my preferent choices).
That can only mean 1 thing:
The reward pool is being distributed into more hands. And as more LEO tokens are staked, and given the fact that the rewards pool remains constant, the rewards for everyone are being constantly reduced.
Do you know what's coming next?
Yep, you guessed right.
If the token is more scarce (& consequently more difficult to 'mine' through PoB), and as long as we keep a steady flow of demand, the price can only go up. Making the token even MORE scarce).
The Steemleo community as a whole is still a baby with 3 months at their shoulders, but it's feels great to feel such a rapid development, the fast integration of sinks... and more importantly, the ambition to reach authors & writers outside the Steem Network. This alone is a big step forward I guess.
Excited to see what's coming regarding price action with the next monthly burns. Also excited to expectate the development of SCOT and the upcoming SMT's.
Steem on!
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