We have a lot of exciting stuff going on with Leofinance. This is a project that is seeking to develop a stream of revenue that will help with sustainability. Actually, when we total up the different projects, we see how this is going to sustain a number of initiatives.
The latest AMA covered some of what is going on, which is an extension of what we saw last week. We are experiencing the coming together of all the development we saw over the past couple years.
Leofinance was always a long term initiative. 
It is not where it is today but, rather, a decade from now.
That is long term planning.
Nevertheless, we are getting closer to some aspects falling into place.
The buybacks started. Evidently there will be more than 200,000 CUB purchased this money and sent burnt. This is a little less than half which was destroyed since Cubfinance went live.
We are seeing the revenue model come into play that was enacted with Polycub. Generating revenue is vital. This is being used to enhance the holders of the tokens.
With Cubfinance, part of the revenue comes from the bridge over from Hive. Like with Polycub, the fees are accrued to be used for the buybacks. With the latter, it obviously goes to pay the vexPOLYCUB holders. The remaining hits the treasury.
Cubfinance does not have the same models in place. Hence, we are looking at the purchasing of CUB and burning.
The positive news is that, in a short period of time, thousands of dollars was generated.
If the platform gets more liquidity, these numbers will keep increasing.
We do not have anything definite yet on this end of things. The hope is that this will be in place by year end. Nevertheless, we are getting a bit of insight on what is taking place.
With the introduction of #leothreads, we saw the ad revenue, according to Khal, double. This is with a rather lackluster performance thus far. We got off to a hot start only to have it diminish over the last few weeks.
Nevertheless, we have the benefit of knowing the clicks are still increasing on different pages, causing a jump in the revenue generated. This is going to be used to buy LEO and instill it in the holders accounts. This is why we want to keep powering up LEO.
We should get some assistance with the next update. This one will have a couple of new features added, some which are basic for the utility of the #leothreads.
The first is that threads will be in people's profile. This will make it easier to respond. Right now, threads is like a streaming pile of data running by. It all just piles on top with no way to filter.
At the same time, we are going to get feeds from our followers. That means, like with long form, anyone we are following who sends out a thread, we will see that. Of course, it is presumed this is on the threads section so it isn't mixed in with the long form content.
Again, this will help with us seeing the content we desire.
They goal is to enhance the usability of threads, a move that could draw in more people. Right now we are at the early stages so it should only improve from here.
More people using threads means more ad revenue generated. Eventually, this will go to buy LEO and deliver it as LP to those who are staking.
The cool thing is that, once started, the focus then is to keep growing it. This is business basic 101, something we do not see in cryptocurrency very much.
What starts as a drop is meant to be turned into a geyser. Simply taking the activity and multiplying by 5x means we will have revenues orders of magnitude higher than they are now.
This is how Leofinance is starting to pull it all together. While many questioned the wisdom of going in so many directions at the same time, instead of focusing upon one area, we now see the value of it. Things are starting to leverage themselves against the other aspects of the ecosystem.
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