In order for a token to be successful, there must be an evident utility or advantage in the purchase, otherwise it risks not having a real effect and its value will be underestimated. Why should I buy $LEO? Why shouldn't I sell $LEO? These are questions every $LEO holder will have asked themselves at some point.
$LEO is a second-level token here on Hive, linked to the Leofinance project and to obtain it you buy it from the internal market or publish posts from the dedicated frontend, the rewards obviously depend on the voting power of the curators. In this case, the token will be available in your wallet exactly after one week.
At the moment $LEO doesn't have a real use case in the community. Sure, you can upgrade your LeoPower to get rewards from curation. The Leofinance community is strong and robust but it is not sufficient to guarantee enough value for the token.
I've been thinking in my head about possible ways to add more value to LEO. The first question I ask myself is: what do I want $LEO to be? If I think of a rewards token, then the token will have to have greater appeal and, for example, also provide additional rewards, perhaps from proceeds from the main account curation, for example. Or create opportunities to use $LEO as an item of trade or purchases, create merchandising for example. It would be great to have exclusive shirts, hoodies and hats from Leofinance, Hive and other communities too! Why not?
Or provide stakeholders with an APY or greater benefits on Cubfinance DeFi platforms for example. The more $LEO you stake, the more advantage you will be with $CUB (since last month it has also become inflationary, big numbers await us!).
More utility, more demand, more value.
I know that the team is always engaged in constant research and development, but I think that a greater focus on the usefulness of $LEO would bring even greater benefits to the whole community!
