The lion roared and protected his pack... We are made whole
I woke up today to see the post by @leofinance about the refund of the Liquidity pool users.
@leofinance/wrapped-leo-white-paper-investigative-report-lp-refunds-and-wleo-relaunch
I personally went into the pool with
This was a total of 1822.73 USD. I will venture to say that for any regular non-millionaire Joe this is a decent amount of money. So to have it gone was really a hit in my portfolio. To see this money come back and to be made whole is really an amazing gesture from the team.
I knew that dabbling in this stuff is risky and that there is always a chance that you lose your money. But until that happens it is all theory and the reality is something totally different.
So that gives me
2.1987 412 + 6658.74 x 0.17 = 905.86 + 1131.98 = 2037.84 USD
So they have not only made me whole, I have even gotten some gains along the way...
I guess I will keep the 6k LEO liquid for the next round of Liquidity which is coming up soon. I like the transparency that has been provided by @khaleelkazi in this whole affair and this has also strengthened my resolution to support this project in the long term.
Things to be excited about:
The coolest thing to see was that people got their LEO and there is no dump going on, just the inverse, the price seems to be going up.