Few Hours to LIOTES Launch, Buy orders already placed for LENM

about 3 years ago (Edited)

The month of March is really a terrific month for Hive blockchain with the couple of projects and investment options that are birthing. Indeed, the remaining three quarters of the year would be a boom for the blockchain. Interestingly, most of these innovations and n new additions are coming from Hive's second layer. This means that the true value of Hive is just beginning to be mined.

Asides CUB Finance, one of the very project I'm bullish about is LIOTES, a baby project of CTP's finest @ph1102 and @achim03. The true value of LIOTES would be revealed in a few hours, say, less than 12, and everyone should bind his sleeves to get involved with LENM as presented by the Liotes Project.

We want to make you aware of the fact that the Liotes project will launch on the 9th of March at 2 pm CET.

image source

Recently, we've had several dividend tokens emerge on Hive-engine and it has become the new-normal way to earn passively on Hive. Though some come with huge returns, I still see curation ass the top way to earn and add value to the system on Hive blockchain. While I get busy with curation, it's merrier to have some passive earnings drop in my wallet so I can buy ore curation tokens and as well power-up some Hive. Two years ago, I never knew that Hive-engine earnings would e the source to feed my Hive-power. It's happening and I'm happy about that

Back on @Liotes, the model and wealth building strategy of the energy mining token is amazing and the first of its kind on the Hive blockchain. This post explains a lot but I so loved @khazrakh's approach to detailing how the growth system of LEN would work as shown in the info-graphics above. Meanwhile, the Liotes team had this to say:

If the number of LENM increases you will get less payouts but it will be compensated by the buy back value of the token. Therefore the total number of staked LENM has little influence on your earnings.

According to @khazrakh, it is imperative that the founding team are not looking for a takeout yet in the Liotes project. Thus, the initial HIVE held in the Liotes fund from the LENM sale would be permanently staked and used to delegate it to various other projects like Leo.voter, Dlease, Ctpsb and others to earn LEO, HIVE, CTP, respectively. This is believed will generate income for the project which will be used as follows:

25% of the income goes back to the Liotes fund
50% will be used to create additional income streams
25% will be used to fill the buy back fund

I further see the readiness of the team to diversify and invest in other growing tribes token so as to increase the dividends to investors by keeping the LEN price up at all times. It's really an interesting and unusual strategy and we hope to see how it rolls out.

It is interesting to see that while LENM is yet to be deposited by the team, several orders have already been placed to buy LENM showing how much people are believing in the Liotes Project. This isn't an investment advice. You have to do your research and be convinced but I think Liotes would e a great addition to Hive especially as it comes from dedicated brains of the CTP community.

Let's ride on!