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RE: LeoStrategy Token Buybacks | Re-Pegging After a 50% BTC Drawdown
Essentially people have gambled on a niche market, financial product, where the rules can be changed at will with no recourse for the holders.
Most of the woes could have been avoided by using some form of governance for LSTR. Instead there is a highly centralized product delivered via Hive infrastructure.
0.00727902 BEE
Leo is the problem. They of he , always made claims that are literally impossible. I remember bringing up Cub project when these new scam projects were announced and people just don't wanna hear the truth. It's fraud and just dumb.