What's Going on With LEO? A Look into Recent Price Action and Tokenomic Changes

We're on the verge of July's LPUD event and I think we're gearing up for a major shift in the amount of liquid and staked LEO.

We'll also throw some light on the exhilarating Leo PowerUp Club's milestones with a whopping 170 Leo power-up and how a record-breaking number of lions are consistently powering up at least 150 Leo. Trace back Leo's journey since the launch of the new UI and Technomics on April 30th, and discover how the Leo dot bounty account's shift from inflation to using curation rewards for payback is affecting the Leo ecosystem.

Analyze the impact of Leo.bounties's 10-20k Leo daily buying strategy on the price movement, and the decrease in daily Leo dot voter payouts from a lofty 20k to a more manageable 4-5k Leo. Understand how the Technomics overhaul led to a decrease in Leo outflows, contributing to a massive 1.5 million Leo power-up in May and an overall improved sentiment.

While the majority of altcoins, including Roone, are licking their wounds due to the bear market's harsh blow, we demonstrate how Leo is not just surviving but thriving, thanks to significant initiatives like Project Blank, the ADS program, and Technomics. We'll examine Leo.bank's continued 5-10k Leo daily buying and how the majorly staked Leo has left only a tiny portion liquid. Join us as we navigate the challenges of the delegation bot trying to buy 5k Leo per day without causing slippage.

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.

Our mission is to democratize financial knowledge and access with Web3.

Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 3.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io