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Leo's Airdrop(s)

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@gadrian
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Khal seems an adept of drip-fed marketing, slowly revealing information and intentionally creating mystery and building expectation for a central event, which is the launch party.

Apart from certain anxiety for sailing in unknown waters, it seems to be working, doesn't it? :D

After today's post of @leofinance, we've learned a few more details.

  • We learned the name of the token being airdropped: CUB.
  • We learned that it is a Binance Smart Chain (BSC) token, it won't live on Hive or its 2nd layer.
  • We learned (from discord I think) that if you trade the CUB tokens which are created and will be airdropped on Hive-Engine, the buyer can't use those tokens. They are linked to the account being airdropped to. So the only way to use CUB is to claim them on BSC.
  • We learned there will be a CubFinance application on BSC, which will be a component of LeoFi, and a very important one
  • we learned there are two separate airdrops (if we didn't know), one for CUB and one for BLANK, or whatever the name will be
  • and, of course, we learned when will the snapshot for the airdrop for the CUB tokens will be taken:

We seem to have learned quite a few details at a careful examination, and that's only what I gathered at first inspection.

For those of us who kept some liquid LEO because of the Twitter teasers, there's a decision to make. Leave it unstaked or stake it before the snapshot time.

To leave it unstake means it won't count for the airdrop but you may use it to provide liquidity as soon as it's an option for bLeo on BSC.

To stake it means you will have a bigger airdrop, but you won't have liquidity available immediately.

I only have a few dozen liquid LEO. My decision has become quite simple for me. Stake it all and receive a little more CUB.

It's likely I'll also wait for the snapshot for the airdrop for the microblogging app.

Then, I'll unstake some of my LEO and participate in the bLeo-Cub pool, or whatever options we'll have that works for me.

We will have more history on these pools and the Leo app on BSC by then.

But, I'll hold on to my decision to stake everything until tomorrow, in case something comes out that makes me change my mind.

Posted Using LeoFinance Beta