RE: Interesting Criticism from the Leostrategy/Inleo Team
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I think they should refine some of their public facing communication styles.
When the prevailing mode is dramatic exuberance and hyperbole,anything that doesn't mirror that likely gets interpreted as "FUD" or negative opposition.
The language around Leostrategy marketing reads as if it was ripped straight out of 2021 a month before the DeFi crash.
The problem is it's 2025, DeFi protocols aren't novel anymore. There isn't really a class of long term crypto holders who haven't been exposed to unrealistic hype.
LSTR probably is a strong mechanism to sustain the LEO price, but the amount of purchasing required to continually drive price higher is an exponential curve.
Leostrategy's revenues after the presale money is spent, will most likely come from their arbitrage bots (market makers) and from revenue on the LeoDex platform. The userbase on Thorchain and Maya Protocol isn't huge, and there have been some missteps over the past year (from holder complaints). In order for LeoDex revenues to significantly increase, they have to increase their user base in relationship to other dexes in the Thorchain space, and its likely that Thorchain itself has to grow.
InLeo appears to be pushing pepertual futures trading, which is essentially a form of gambling for a specific subset of crypto trader. It may take off in the Thorchain ecosystem or it may not - it's not clear what level of unmet demand exists for this activity.