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RE: LeoStrategy Token Buybacks | Re-Pegging After a 50% BTC Drawdown
This has some chance to re-peg these LEO tokens. I think of all these tokens as an experiment and I like to see different things being tried out in their management. I'll likely HODL and watch what happens. Best wishes to us all!
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LeoStrategy's tokens will quickly re-peg. We are already seeing a double digit % increase since the buyback program started today.
These assets live on the bleeding edge of FinTech so some variance in approach is important. Staying fluid and continuing to innovate is how we'll continue to refine for the best model possible
I haven't seen the recovery part of this recovery plan yet - almost seems like people are panic selling cause what was promised was not delivered and people were not consulted on this. Would it have worked better if you had given a warning that this will happen f.e. 2 weeks from now.. not really, but at least people would have had the option to sell or hold knowing the incoming changes. Additionally, which account is it doing the buy backs, why are you not telling it so people can follow to see when they happen and if they actually happen?