RE: New LeoFi Products, Snapshot Announcement, CUB Tokens and BEP20 LEO

avatar

You are viewing a single comment's thread:

I have stopped being able to understand any of this stuff, years ago. To me, all these posts are the same. "New stuff! Weird lingo! Opportunities to profit and grow! You're missing out!" On and on, and on. Meanwhile, as far as my experience goes, this is just a blog site with a points reward system that supposedly can be redeemed for real-world items. All theoretical, from my perspective. Crypto is nothing more than videogame gold coins for me, thus far. Posts like this, meant for coders and techies, go over the head of simple content-creators like me. I read it twice, and still got nothing out of it, other than some sort of advanced way to profit off digital nothingness has been developed, and everybody is piling in. Yaaaaay! Too bad most of us laypeople have no idea what any of it means. I feel these financial opportunities drain away funds and momentum from the rest of the blockchain, you know, the blogs, the wallets, the comments. Manpower and resources are flowing into these moneymaking opportunities, which are available only to the select few insiders and comp science grads. Everybody else is paying for their gains, as payouts and interest drains away from the core of the blockchain which has always been the content-creators. So we get $100+ posts filling trending, all of them about these incredible opportunities, while posts about pretty much ANYTHING else are absent from the front page. This feels neither healthy nor sustainable.

And yeah, PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT PUMP IT



0
0
0.000
9 comments
avatar

Maybe give it a 3rd try when you aren't stoned?

Posted Using LeoFinance Beta

0
0
0.000
avatar

Heheh. Been years since I got stoned, though.

0
0
0.000
avatar

long story short if you want free tokens due to the time of the snapshot (the thing that determines if you get the CUB token or not) you need to power up LEO and hold it in there (and it needs to be in there in the next 18mins as im typing this).

Posted Using LeoFinance Beta

0
0
0.000
avatar

I've had 300 staked for a while, so I guess I'll get some CUB. Will that be in steem-engine? And will there be a secondary market for them? I don't know if I will be using them for anything, since that appears to require BSC, which I have yet to even learn about. I'm having trouble keeping up with everything happening in this space, while also (theoretically) earning through content-creation.

0
0
0.000
avatar

yes, they should be popping up in the HIVE engine, there will be a post announcing it. and theres lots of things you can plan to do, but i wouldnt be the 1st to sell and i wouldnt sell all of them if you decided to ditch a few for some LEO or HIVE now. more instructions on BSC integration for the usage of CUB will come out soon (as well as rewards probably) so just take your time.

0
0
0.000
avatar

This is my understanding of how the wrapping of coins go with both the Ethereum (ETH) coin and the Binance (BNB) coin.

When you pair (provide even amounts of LEO and another coin i.e., $BNB or $ETH) your liquid LEO token with ETH, BNB, or both; the price of the LEO token is tied to the price of ETH or BNB.

Example:

You would need 2183.24 wleo for each ETH you would want to invest in the pool on Uniswap (current prices, changes a lot). This is called providing liquidity.

With the new bLEO (pairing LEO with the Binance coin (BNB) on the Binance smart chain, you will be able to start with much less. Better for small investors at least for right now. Gas prices are not as steep as Ethereum and BNB is a little over $220 per coin. They must be doing something right. The 24-hour volume is at $5,588,118,341.25 USD as reported by coinmarketcap.com.

Oversimplification, but how I understand it. Maybe someone could give a shorter more easier explanation.

Posted Using LeoFinance Beta

0
0
0.000
avatar

hahahahahahahaaaaa

5uscommemorativegoldcoinsbuproofdelivered4 2.jpg

5uscommemorativegoldcoinsbuproofdelivered2 2.jpg

If it displays, REAL GOLD I bought with my SPI cash out.
SPI is a hive investment token... IT's REAL
and U can buy REAL STUFF with it. Not a Theory!

Posted Using LeoFinance Beta

0
0
0.000
avatar

Not sure what you mean. And I can't see those images for some reason.

0
0
0.000