RE: Week through Adrian's Lenses (24-30 April 2023)

To be honest, I don't have an explanation. Maybe LEO has been distributed in too many ways. One fund that was slated to pay HP delegators 16% in LEO is about to be depleted of funds. Khal mentioned when that happens they will come on the market and buy LEO (the cheapest on the blockchains where it can be found, natively or in its wrapped form) to continue to pay the dividends to delegators. That should provide some constant demand for LEO.