RE: BRO, LGN & CINE - The Fraud of Raymond Baxter
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You should study what microstrategy does with Bitcoin products as that is exactly what @leostrategy does with Leo.
Each product they launch is backed by the Leo tokens they buy with the income from selling the new tokens.
They are constantly buying more from arbitrating all these pools on hive and base.
There are only 29,5 million Leo tokens and leostrategy already has 4 million of them. Which are then staked as sLeo and gives them a big share of the Leodex swap fees in USDC.
Do notice also that they are quite careful in the batch size of these tokens. It’s not like they try to get millions per new RWA token.
I sold dab and dbond, because the yield was a bit low for my liking and the attachment to the hive price means it goes down over time.
I know, and their strategy is quite good. Thr unsustainable part IMO, is launching too many tokens in a short period of times to the same fairly small user base.
Good point with the DAB tree. I have about 125 DAB and get about 0.11 HIVE daily. No clue with the APR is on that, it could probably be better served elsewhere