RE: Interesting Criticism from the Leostrategy/Inleo Team
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LEO is a platform that is built on the idea of onchain communication and transparency. So let me start by saying: I have no issue with discussions and I also have no issues with you personally. We’ve spoken together on spaces and other Hive podcasts with relative frequency in the past.
The issue I’ve seen is the convolution of ideas and the portrayal of these ideas as indisputable facts. Instead, I think it’d be wise to purport your ideas as”just your opinion” unless it can physically be stated as a fact.
I will give three examples here as I don’t want to make this an exhaustive comment. I’m also not here to argue or debate. I think discussion is good and anyone is welcome to come to our weekly AMAs and ask me questions. I can give my perspective as someone working on the project (LEO) and as a community leader helping others.
- That the LeoStrategy team is anything but a group of LEO holders/users/investors who came together to form an organization for the benefit of LEO: I’ve seen you continuously try to paint this as something different while purporting it as fact rather than your sole (unsubstantiated) opinion: “I make no significant distinction between the Inleo team and LeoStrategy team given the discernible coordination and overlapping ownership of the relevant tokens.“
My role in LeoStrategy is purely advisory and they brought me on just a few months ago. LeoStrategy has been around much longer than I even got involve in it. They brought me in as the idea was solid but the project itself was floundering. Go ahead through their old posts / see the LSTR initial sale that lasted 6+ months. These things were great ideas but unsuccessful until they brought a few public-facing board members on. Such as myself and others in the LEO Ecosystem.
I am flattered that you think I have the bandwidth to run all of these projects simultaneously. I could only strive to be able to be that active.
- The negative comments about how INLEO and LEO are bad for hive rub me in a very wrong way. We’ve spent 6 years building on hive. INLEO is entirely a Hive-based application. We built LEO Premium which is a literal use case for HBD: it settles all payments in HBD no matter what form they are paid in. Then this HBD is swapped to LEO. HBD is a settlement asset and this gives it one of many use cases. I have yet to see many “hive darlings” trying as hard as we have to create valuable and economically sound use cases.
I love Hive and want nothing but the best for it. Somewhere along the way, a few whales started treating me like an outsider. Then some LEO people got upset and have posted threads about why they’re tired of the bs on Hive. Can I blame them? No. Do I necessarily hold all of their views? No. For some reason the views of the few are being attributed to LEO itself. Should the views of every poster on Hive be attributed to Hive itself?
I’m am now and forever will be unafraid to speak my mind. There are some issues on Hive and those issues should be addressed. Among them: the way the DHF is funding projects, the way downvotes have become weaponized and a handful of others. Including the treatment of projects like LEO that continuously try to build a sustaining business ON Hive (not against it). For some reason, a few people in leadership roles take issue to L2 projects on Hive: thinking they take away the base layer.
I don’t know about anyone else, but the very reason I stuck around was the idea of SMTs way back when. The creators of big projects on Hive have a history of being ousted eventually and being outcast for those ideas that made them big in the first place. IMHO this is not a good way to make Hive successful.
- An example from this post: this is an example of the use of convoluting ideas to create conflict. In your post you share a screenshot of LeoStrategy saying something about the SIRP. You claim “LeoStrategy itself identifies the SIRP as an element of achieving its goals”
In the very screenshot you shared, LeoStrategy is saying “LEO is a hard asset because it has a limited supply and revenue generating mechanisms… such as the SIRP…”
Any rational analysis of this statement would tell you the LeoStategy is calling the SIRP a mechanism for helping the LEO token (which it is: it’s a buyback based rewards pool which replaced an inflationary one). NOT a mechanism for helping LeoStrategy itself. It is the convolution of ideas such as this that rubs me in a very wrong way and makes me ask: what is the goal here? Discussion or defamation?

I’ll reiterate that I take no issue with you nor the idea of open discussion. What I take issue is with people playing fast and loose with reality and misleading people to think of it as fact.
A lot of allegations are made with a lack of evidence. Then those allegations are purported as fact. Then when someone replies to correct the allegations, it is called bashing. It’s a methodology I disagree with and I am not afraid to say it. Others should feel free to speak their mind (you included).
I’m not privy to the conversation had between you and LSTR but I can see from this post and the comments here that you think curation has some role to play in SURGE dividends: with my knowledge of what is being done, curation couldn’t even hold a candle to the monetization needed to pay dividend yield. You yourself said they need tens of thousands of dollars per month to pay these dividends. If that is true, then please add up how much they’re earning from post rewards and curation and enlighten us as to the total that these rewards contribute.
It is ideas like these that seem to be tossed in to create drama. Anyone who tries to run the math on that will see that it isn’t even remotely viable and noteworthy. Hell, I bet their post rewards barely cover the cost of the overhead of server droplets and server management to calculate and pay said yield. Please show the math of things when you share your opinions so people can understand the non-drama-weighting of ideas.
Wish you all the best and if you’d like to discuss in real-time as I’m sure much gets lost in text format; the AMAs are a place where the whole community gathers (including LeoStrategy’s team in the Threadcasts) to discuss ideas, ask questions and even debate things we disagree on. The whole LEO ecosystem is built on the idea of the community-first, community-decided and crucible of good ideas/building above all else.
Here is where you lose me. @leostrategy continually identifies the SIRP as an element of its and the overall intent to increase the price of LEO.
When a commenter asked "where does the yield come from?" I identified curation and SIRP as components of that yield.
I did not say that what a bad thing.
I did not say that I believed them to be major components.
Why that was a point of contention when it was a demonstrably accurate statement is baffling.
I have observed that communications that can be viewed as abrasive, probably aren't ideal given that the InLEO team and the LeoStategy project derive value from Hive.
Something that jumped out to me this evening -

I've never interacted with @leostrategy on Twitter. Not once. I've only referenced them twice both on September 18th while interacting with you.
I made an inquiry to you on Twitter, after asking the LeoStrategy team here on chain and getting no response.
https://x.com/GentlemanRural/status/1968663937651511588
LeoStrategy missed their identified deadline to mount SURGE liquidity on BASE. That's not a "false narrative" that's observable fact. The subsequent reasoning for missing the random window in order to ensure crosschain arbitrage bots were functioning may be sound, but I'd argue that deadline was used to create a sense of time pressure to purchase SURGE.
The observation of overlap between the InLeo and LeoStrategy teams is clearly my opinion.
The mechanisms of LeoStrategy appear generally sound for positive price action, and maintenance though the hyperbolic predictions and "up only" seem unrealistic given the cyclical bust boom cycles in crypto.
The weaknesses of the strategy appear to be some level of opacity or obfuscation, LeoStrategy itself being a single account wallet, and the communications management. All of these things can be improved.
The fastest way to get me to make time to laser focus on the details of a project, are to toss around labels like "false narratives".
Wen next leo DHF proposal?
They already have one,
The first one they got $230,000+ and we got.
They said if they didn't make their goals they would refund the money, but neither happened. Money is probably being used to integrate and move to Arbitium or whatever it is called.
Yeah. I know.
Give me that KE data with the next update and let’s get some of their “top contributors”!
I have a moral responsibility towards the community to stop Leo’s various scams. At least show the people what moronic mistakes they are doing.
The core KE functionality is done, but there is additional data being added to it that will come in a later release if launched.