RE: Taking a look at our wallets - Part 1 : LEO

OK, SIRP (System Income Rewards Pool - I think) as I understand it.

Basically, most of HIVE works as content and curation being the process to allocate new token inflation into various wallets. LEO has had inflation switched of, no new LEO get minted anymore. So, where does content and curation rewards come from now?

Basically, all the revenue that the Inleo website generates. Premium payments, beneficiaries on posts, Ad's (maybe one day...) and whatever other revenue comes from inleo.io. All of that get's used to buy LEO tokens off the market (out of the pool). Those tokens, bought with income, then get paid out as post and curation rewards.

Basically, it replaces inflation as the source of LEO rewards with generated income instead.