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RE: LEO and LSTR: Risk or Opportunity?
Thank you for sharing the objective view of LSTR! In the swarm of subjective, shilling posts, this is a refreshing read with pros and cons clearly stated...
Personally, I didn't check the details about the LSTR. I'm still a solid LEO holder, and I have tried most of the (failed) "products" that you wrote about... For now, I will take your advice and watch from the sidelines as my LEO stash should follow the price action of the rest of the InLeo ecosystem...
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You know the reasons behind those shilling posts! I don't depend on any such upvotes.
I remember the times when I joined hive, hive was a lot higher. There were some comments who got 5$ (htu) in upvotes for only saying LEO TO THE MOON in random comments. These things cause people to write such posts and they end up using that money to invest in such projects to post more about their investments.
It's a circle of stake based influence which results in biased feeds.
About the leo, I am not saying it's not worth having a look. Instead, it looks like top 1 among any tribe tokens to be considered. The difference is between approach, being realistic and keeping funds liquid as much as we can.
To those going to protocols, they should see thorchain as well, who was promoting it and how much, also what was the end result.
I haven't forgotten anything and I also learned the rest of past. Still, leo is the top one tribe token hive has ever seen soo far (in my opinion). Best of luck to them but forcing me (either by providing incentives) to go outside of hive or using a specific frontend is distasteful experience.