The distribution of LEN tokens

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▶️ Watch on 3Speak

Welcome to another edition of the Liotes news. The content this week:

  • Today, I would like to explain how the LEN token is distributed and how the mechanisms in place work to provide a stable LEN token price.

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18 comments
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Welcome back, Zoltan!

Thanks for the explanation, Achim. The only part I didn't really understand was about the 0.8% in reward pools...
!BBH
!ALIVE

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For some diesel pools, there are reward pools linked to them and in some of these reward pools there are LEN tokens. These tokens are more or less staked because it's only through daily part payments that they go back into circulation.

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Nice to know what has gone on behind the scenes to make the LEN token work. :)

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I'm happy you felt it was useful info ;-)

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Thanks for the share! Didn't realise the price of LEN went down hehe!

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Well it's actually not really noticeable. It was just during one day with a big sell off that it was really visible.

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Nice work on trying to stabilize prices! Thank you for the hard work!

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It sucks to see people sell out, but I am glad that things have stabilized. It's been a while since I heard about amr008. I didn't realize that he came back.

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I think that when people don't log in regularly, they don't care that much anymore and just come to collect the rewards from time to time...

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