The Rise of LEO
We've all seen the spectacular rise of Leo from the ashes of less than 2 cents over the last few months. As I've threaded about, I was getting 15-18 LEO per HIVE early in the year. It was both exciting and disheartening at the same time. I was thrilled with the fact that I was jumping my stake in a big way, but it was also pretty sad that it was down that low. I mean, I've been a Khal supporter and believer in LEO from the very beginning, and to see it get completely beat down like that was painful to say the least. In hindsight, it probably was the best thing that could have happened though.
Anyone who has read my occasional blog posts over the years, knows that I'm a strong advocate of the daily grind. Be here every day. Vote, comment, and curate. No matter how you're feeling, what you're going through, where you're at, at least get your votes in and collect the "free" rewards that go with them. Especially when the token price is down. The lower the token price, the more tokens it takes to pay out your rewards. It really is a no-brainer.
Here is an example of what I was getting:
The "token contract" LEO were from my voting, posting, and threading. But the big ones were from my HP delegation to leo.voter. I had 15k HP delegated and the leo.bounties were paying out well over 100 LEO to me each day. This is why it pays to stick around in the down times. I have a very nice stack of LEO now, but believe me, I earned it by keeping my nose to the grindstone in the darkest times. Not an easy thing to do.
Every LEO counts
But I'm not trying to brag. I'm trying to get the point across that EVERY LEO COUNTS. It is still very early in the evolution of the LEO cryptosphere. I threaded today that 99.9%+ of the move in the price of the LEO token is still in front of us. We barely hit 25 cents today.
Revenue streams abound
With the advent of Inleo 2.0 the token has become capped at 30M and is deflationary. They have built a DEX called LeoDex that is competing (and winning) with the best Dexes on Thorchain and other protocols. They have implemented multiple revenue streams that drive real-world dollars into the LEO token and never let it out again. LeoStrategy is being built on top of the LEO token to enhance the products and financial firepower within the Leo protocol, and it has already locked up over 2M LEO and continues to drive more and more revenue into the system. SURGE was opened up today to compete with stablecoins and further capture, contain, and grow the dollars coming into the token.
They are all feeding on each other, creating a flywheel effect that continuously buys the LEO token off the market and locks them up forever. And this is just the beginning.
AI is coming...
In the not-too-distant future, Leo will unleash the AI tools they have been building, all of which will add greater utility to the users of the Inleo platform, while at the same time capturing and injecting more revenue into the LEO token, never to escape again. The entire Leo ecosystem is designed to capture value from outside the system, and drive those dollars into the LEO token, buying the token and locking them up along the way. And there's really only one way to get those tokens: buy them at higher and higher prices as that injected value raises the price.
A simple, yet effective, way to acquire LEO
Except....there's one other way you can get LEO tokens. Hive Power. If you delegate your HP to leo.voter you receive a portion of the LEO tokens it acquires for its votes and also buys everyday using the HBD it generates. I already showed you above how powerful that was in the down times. It is nowhere near that anymore with the token now around 20x from those lows, but EVERY LEO COUNTS. And you can get a lot more LEO now than you'll be getting when the token hits $1, $2, and beyond.
Personally, I believe LEO is going over $100 someday. That means every LEO I get here is $100 more in my pocket. If I only get .2, that's still $20. Do that for a week and you're at $140.
Khal & Co have been building this thing for over 6 years and they've never stopped learning. Their initial forays into Defi and trying to grow the platform through MAUs on Threads were obviously not very successful. BUT, I can see pieces of those failed attempts in the current Inleo 2.0.
In other words, they learned a ton by doing. Not just talking about what needs to happen, but actually building things and trying to make them work. Using that hard earned knowledge, they have now built something that is both simplistic and extremely complicated.
All revenue roads lead to the LEO token
The simple part is that everything they do, everything they build, every product they offer is meant to capture revenue and drive it into the token. The complicated part is all the different ways they are coming up with to do that. LeoDex, SIRP, LSTR, SURGE, AI, bridges...the list keeps growing. They have a playbook, partially fueled by studying what Microstrategy has done with Bitcoin, and partially fueled by what they have learned over the past 6 years, and they are implementing it to a tee right now.
And it's working! The LEO price has gone from under 2 cents a few months ago to over 25 cents today, and most of that is due to the value being driven into the token, not just outside buying. It's genius.
To make a long story short, you can buy LEO if you want (I still am), but at the very least, take some HP, delegate it to leo.voter, and earn some "free" LEO while you sit back and watch. I firmly believe this thing is going to work in a massive way. Even having a few dozen LEO could pay huge dividends down the road. Wouldn't it be nice to have a couple dozen ETH right now? I'm not saying LEO will be the next ETH, but I'm also not going to tell you it won't. Everything starts somewhere.
What's happening right now with LEO is not an accident. It's the beginnings of a well thought-out plan, developed through both experience and study of other successful ventures, and now being systematically implemented to take full advantage of blockchain and crypto. And it's working. You really owe it to yourself to participate. We've been kicked around long enough. It's time to start winning.
Leo is the Way!
