RE: LBI buy back???
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As others have said, do the buyback and burn. Does LBI hold any LBI tokens now? Just wondering if there wouldn't be some logic to holding a piece in reserve. Like burn 80% and hold 20% out of the market. That way it's "locked", but if and when the LEO economy starts rolling and LBI starts moving with it, you could potentially have a piece to either seed a pool or even sell into the market for liquidity. Either way, I'm fine with whatever you decide. I'm just thankful that you are actively monitoring and running this thing.
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We don't hold any in reserve. I'm thinking that once the burns are done and the price is pushed up around fair value to keep a buy order in at around 95%, and then put sells for any bought tokens at 105%. Would keep the range much tighter on the order book, and any profits from this market making would be a win for the fund. Not a big fan of "manipulating" the price, but also not a fan of having a token that people can't sell for a fair price.
Cheers mate, as always I appreciate your input.