RE: LeoStrategy Token Buybacks | Re-Pegging After a 50% BTC Drawdown
(Edited)
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LoL, in other words these tokens failed hard as some people warned due to lack of interest/marketing (hive is too small to sustain em) and will be a permanent bleeding for you from now on.
Unless you plan to push them out of hive to get fresh blood to invest, it only makes sense to retire them and pay investors their money back and move on.
Ps: also makes you wonder if anyone knew this was coming up and scooped up cheap tokens expecting the buybacks. 🙃
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Unsurprised to see you show up to complain
Enjoy your profits at the sacrifice of your community
Well I did publicly say I bought depressed token values because I believe a turnaround is inevitable and LeoStrategy isn't a transient project
I'm also the #1 holder of all the tokens and have purchased more than everyone in the presales on a combined basis
So yeah, I think I will enjoy those profits.
Nice plan for free money, now Leostrategy doesn't/can't buy Leo as promised, instead pays you constantly a nice income for all these shitty tokens.
But yeah I am a fudster. Me and everyone else in the comments 😅
Essentially people have gambled on a niche market, financial product, where the rules can be changed at will with no recourse for the holders.
Most of the woes could have been avoided by using some form of governance for LSTR. Instead there is a highly centralized product delivered via Hive infrastructure.
!BBH !PIZZA