We’re not leaving Hive

However after years of asking for the ability to launch tokens on a decentralized and native L2 and being continuously ignored — then seeing the promise of one get squashed by fringe DeFi tech pursuits, we decided to make LEO’s native coin on Arbitrum.

We still have heLEO just like we have bLEO and pLEO. heLEO is a bridged version of LEO that allows the INLEO platform to continue adding value to Hive in a totally unencumbered way

I love hive and still believe in it. I still hold hope that the 2nd layer we were promised actually comes to life

Until that day, LEO is a native Arbitrum coin and INLEO is still 100% on Hive through heLEO. This is not a bad thing for hive! In fact it allows us to onboard capital, users and value from Arbitrum/other chains to LEO theough INLEO.

While some may think we’ve moved off HIVE, we haven’t. We have the same presence we always did. But the LEO token is secure on one of biggest blockchains on the planet and has 0 downtime

If HIVE gets native and decentralized tokenization, I think it’d be huge. Hopefully they figure out why fringe DeFi is being pursued instead of tokenization