Leo Opportunity: ProjectBlank Geyser Pool

Few can argue with the fact that Leo is offering us all more opportunities to grow our stake and move forward financially.

@lbi-token is a fund that seeks to take advantage of as many opportunities as possible to generate solid returns over years that will help people attain the level of "Get Rich Slowly".

One of the options that many found profitable is the Liquidity Pool for wLEO that was set up on Ethereum. This is something that LBI is taking a look at. However, at this point it will be a mistake for LBI to get involved in that.

That is not to say it is a bad project. It is not. Personally, I have stake in that LP which is generating a significant return for me. Yet, there is an important consideration: I got involved from Day 1.

Here we see one of the unique properties of the Geyser pool. It rewards those who are in longer to a greater degree as compared to those who join later. This provides incentive to people to get involved and leave their money there. Since it is a liquidity pool, the goal is to keep as much money in place as possible. Pools that decrease in size see a similar reduction in liquidity.

For this reason, the Leofinance team put together the Geyser model with a few tweaks. As stated this is proving to be very profitable.

So where does this leave LBI?

Obviously, it can get involved at this point in time and still do well over the next couple years. However, there are other opportunities which will provide a better return to LBI, simply because of the way Geyser is set up.

One of the options is coming soon, ProjectBlank. This token is going to be dropped on LEO holders. While the details still have not been released, it is going to be based upon some correlation to the holding. Thus, LBI should do very well with the airdrop.

We also know there is going to be a liquidity pool being set up for the Blank token. Here, LBI has an opportunity to get involved from the first day. That will provide the maximum rewards since this pool is likely to mirror what was done on Ethereum.

Another opportunity that is going to show up is the chance to get involved with liquidity pools on other chains. There is discussion about this happening, potentially, on both Binance and Thorchain. Again, getting in from the start will provide a greater payout to LBI than jumping into a pool that is a few months old.

It is important to note that with liquidity pools, not only is the pooled token required but also a matching amount of the chains native token. Thus, whatever LBI is setting aside in LEO has to be matched with the corresponding amount of Ethereum, Binance, or RUNE. This effectively cuts the amount of LEO, in fiat terms, in half.

However, if we look at ProjectBlank, we see a solution. Since the tokens are going to be dropped, we will have Blanks to allocate to the pool. At the same time, the LEO can be swapped for ETH (or whatever native token is required if it is going on another chain), providing the match. This will likely give LBI a larger portion of the liquidity pool, providing an even larger payout.

Many of us are excited about the potential of ProjectBlank. Personally, I think it is going to be a massive winner. In short, I believe it is the application that the crypto world was looking for. If there is a Killer DApp out there, it might be this one.

For this reason, focusing LBI resources on this could really be profitable. IF this application takes off, there will be some large buyers of the token. Investors love to move towards what is hot and jumping to the top of the DApp usage chart would get a lot of attention.

The challenge for large investors is always liquidity. When they are dealing with $5,000, $10,000, or more, fees are less important than being able to liquidate their position on a moment's notice. Here is where liquidity pools are valuable. They provide liquidity to the larger players, many of whom are familiar with Ethereum.

In conclusion, I think LBI can be better served using the Geyser model to its advantage by getting involved in a pool from Day 1. We can look at either Blank or LEO, since there will likely be new opportunities in both those areas.

With the Blank, my sense is we can hold a stronger position while also being active with the application and earning significant curation rewards.

All of it feeds the same trough but we must look at maximizing the returns. Geyser is very clear about how to do that.

Let us know your thoughts.

Article posted by @taskmaster4450le

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If ProjectBlank will have a Geiser rewards to LPs with a similar structure to Leo LPs, then I believe it's preferrable to become a PB LP from day 1.

There's another consideration. Will the airdrop in Blanks going to be liquid, staked or mixed? In the first case that would be an even further case for ProjectBlank's LP, because you'll have liquid Blanks from the airdrop to participate, and don't have to buy them or unstake, unless you need more.

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"liquid blanks" :)))) lol, sorry couldn't help myself :P

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Will the airdrop in Blanks going to be liquid, staked or mixed?

No word but, thus far, everything that Leo did was liquid so I am going to presume (and a big presumption) that the airdrop will be liquid.

We will just have to see when the decide to give us some information.

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I read that they will change the Geyser terms to stimulate new participants.
Earnings are similar with voting or stacking in pool, but there is more profit for lbi stakeholders with voting because they can get extra rewards on their post.

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Until the details roll out, it is hard to say. We are all just speculating.

However, we might see more incentive as a new wLEO participant.

I think we need to have those details before deciding one way or another.

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I know, I seem a little curious on LBI and the incoming project blank. But I think the airdrop might come staked and this might be beneficial in some aspect. Nevertheless I'm looking forward to seeing how it'll go.

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Agree that being in the new geyser(s) from Day 1 would be beneficial.
Should LBI start speculative buying of Rune and/or BNB while we consider both having great upside in the coming weeks/months ? Just to be ready for Day 1 and have possibly more assets to pool ?

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The problem with speculating on either of them, is we have no idea when the pools will go live. That could be a long hold considering our low level of LEO liquidity at this point.

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I understand this point sure.
Now if we think a bit more about it we know Rune pool will come much later.
Mainly because all the big players will be chasing for a pool slot and LEO might not have it early.
We have BSC left and considering current prices it might be an opportunity to build a bit more BNB to pool more LEO for Day 1.

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It's great to see that crypto-blogging and the branches of De-Fi are interwoven thanks to the great vision of the developers.

Will there be a pool on "Dieselpool" in the future? I really wonder it.

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I am very new to the pool/geyser concept and I am still trying to understand it all. That being said it sounds like being first in a new pool is better than being late in an existing pool. Unless there are in fact plans to incentivize late entries into the existing pool then I would say wait for Project Blank airdrop and go from there.

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There might be plans to incentivize newer entrants. That was mentioned as being talked about but no details as of yet.

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The geyser for ProjectBlank sound very interessting. We should join them.
Also we should wait for the pool on BSC or Thorchain.

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investing in geysers that squirt blanks sounds solid to me :))) I hope they can come up with a fun name for the microblogging thingy so we can joke around with it like we've been doing with project blank :)

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Makes a lot of sense to me. I have actually been starting to read up on liquidity pools, so I think I can actually comprehend most of what you are saying here! I think it is smart to hold off getting into the other pool for now. Great points!

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I agree, this is a great opportunity for LBI to get a first mover advantage, something that is not the case for the ETH/WLEO pool anymore. Maybe there will even be a LeoFi pool (or maybe a Diesel pool) based on Hive, which would allow for feeless transactions when swapping or pooling project blank. That could be much more interesting than the expensive pool on Ethereum. That is only interesting for larger investors, while smaller ones will rather look at Hive Engine to get LEO (or Project Blank when it comes out).

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I cant say what the team is thinking about other than what they mentioned. Obviously BNB and RUNE Offer opportunities without the fees.

That said, ETH, in spite of the fees, has a ton of activity. Bigger players are not really bothered by them, only those of us playing with smaller numbers.

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Glad you are on board with LBI as these are all points to consider and agree with what your are saying. Would be good to keep holding liquid in the LBI account once we have gone with a wrapped blanc so we are ready to jump on what is next. Leo team doesn't give you much time to get ready as they hit you hard and quickly with whatever is next.

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There certainly appears to be a backlog of announcements being queued up.

I have a feeling once they start coming out, they will do so hot and heavy.

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I also get that impression and you kind of know as you are closer to the action. An announcement of another announcement will be coming thick and fast this year and why I suggest we don't take dividends this year. There is just too much going on.

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I agree with the decision to invest in the Project Blank's Liquidity Pool as returns are better for the early investors and I do think it has the potential to be greater than entering wLEO. In a way, it will also an incentive to actively participate in the new Project Blank. Making it a success will also benefit you directly through LBI even if you yourself does not participate in the geyser.

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I am curious about this project LBI, it looks promising and I hope everything will work as planned. it looks like the early birds will gain a good potential to invest in PB, I'm very curious about these for sure.

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LBI is off to a terrific start. It is about 3 months old and we already earned roughly 10,000 LEO.

Not bad for something that started from scratch.

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Oh no! You were lucky. 10,000 LEO is a lot, I hope there will be a lot of opportunities in the future.

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Great to hear that LBI will be targeting the potential upcoming Blank and LEO liquidity pools! Wishing all the best for future success.

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I believe this is great idea. Leverage on projectblank through the liquid pool will be highly profitable due to the hype and need for a microblogging platform.

Been an early bird is better than going for the wleo pool at this time is a little late

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Every time I think about ProjectBlank, instead of "What's happening?" like twitter, It should say "Filling the blank(s)" inside the input field.

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I like the idea of any pool that doesn't use $eth - i just can't afford the fees on that chain

I could try to find a swap tool I guess , but I'm still on the fence.

As someone who's been unbanked (fees) for a long time I try to do everything I can to stay away from those models.

We (wifey and me) are just coming out of being homeless - resources are super limited at this point.

If we end up doing anything with $eth I might have to dump my precious $doge LOL

I am just now getting to the point where I have a tiny bit of liquid $leo - looks that won't last long (I am trying to save it to throw at whatever lbi-token does)

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There's for sure a lot happening right now which is awesome I love seeing that as a stagnate blockchain is a dead blockchain. Will be interesting to see how the air drops and such go and then base future projections off of that.

Geyser most likely is the best initial move as the others are still a bit of a in the works projects and no ones fully sure how they are going to work yet. In any case picking up LBI Tokens = Smart move ;) Keep us posted as you can on the airdrops and how that's all going to work. For sure there are going to be a lot of assets under LBI itself from airdrops etc.

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Sorry, you don't have enough staked BEER in your account. You need 24 BEER in your virtual fridge to give some of your BEER to others. To view or trade BEER go to hive-engine.com

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I plan on putting a majority of the tokens that I receive (maybe all) into the pool. The excitement of being early to a big movement is something that I have been thinking about a lot as well. Really cool days ahead!

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Had no idea Project Blank would have its liquidity pool either! High fees and impermanent losses will hold some back, I would say; but the idea of using BSC seems very atractive, and if ETH's eip1559 gets approved and fees do come down, it will be an even more valid option. The more options, the better!

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