RE: LEO Hodlers - Probably the strongest hands in the entire crypto industry.
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Something I learned from the HEX community is how price action works on uniswap.
Apparently there is a calculator to verify this but if someone were to market buy LEO, but with as much Ethereum as there is in the LP, then the price will double.
Example: let’s say there’s 100 in the liquify pool, if someone market buys with 100 eth in one market buy, they will double the amount by of eth in the LP but 4x the price
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Yeah I know...I am just not that much concerned about those who can throw 100 ETH at one or even 10 different buys, but mostly about better distribution. And to get better distribution we need to find a reasonably cheap way for people who buy small chunks from time to time to have access to the pool. They still do have access but any amount less than 4K - $5K just don't worth the trouble and is highly unprofitable.
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