RE: LeoDex - LEO and LEOM are dominating the second layer tokens markets

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In one of the recent LEO videocasts @khaleelkazi made an interesting point re. LEO miners which I'll summarise below:

  • LEOMMs are 4 x LEOM and are currently trading for 30-40 Hive on Hive Engine
  • LEOMs (currently 60k left) are being sold for 2 Hive on HE
  • Therefore, instead of paying above 8 Hive for 1 x LEOMM, it would be cheaper to buy 4 x LEOM for 8 Hive!

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Indeed, that makes sense from an investment point of view and at the moment. But I foresee once the LEOM supply is depleted their value to increase above a direct proportion of the current market offering (2 HIVE).

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