RE: LeoThread 2025-02-07 15:55
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Khal floated the idea of accelerating the timeline to switch to the System Income Rewards Pool model
When LEO flips to this, the price is likely to go parabolic
- no inflation
- fully funded by buybacks
- revenue flywheel
https://inleo.io/threads/view/simplegame/re-leothreads-3l5hclm3
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Is there any reason we are not doing buy backs and revenue flywheel now? The no inflation i think would be dumb though you still need a rewards pool
That is a smart move but how feasible is it ?
not sure how this would play out… so Leo would pump but we wouldn’t be able to trade it?
You can still trade it, you just won't be minting new Leo tokens from your votes, instead, the rewards will come from a revenue-buyback pool.
Zero inflation on Leo from there on.
But if it happens when hive engine is down we can’t trade
Yes, that's outside Leo's control right now. Although there's the possibility of moving to VSC if it's better than HE.
I don't think there is enoght system revenue to fund the reward pool. You have to keep the reward pool funded so people can earn. Thats the whole point in building join inleo earn $X.
Maybe i
Is that the reason why you have not used your LEO power to vote content?
seems like a no brainer and a way for this project to generate some curation rewards.
I am kinda baffled as they stated tgey will use their leo bag to curate. They clearly don’t. Every blockexplorer will tell you.
We curate pretty heavily on initiatives. Over time, we will look to designate curators for Threads
#newlions is somewhere that has our focus
last time I vhecked your last vote was a week ago. That was about 12 days ago plus minus a day. That is not how curation works IMO. That is a daily thing and then you let your voting power replenish. But maybe I just did not see the votes because HE was acting up. Who knows.