Are You Ready For LPUD Things Are Heating Up

We are starting to see some major price action on the LEO token as of late. I have to say it's a welcomed sight after years of it trending downwards from it's highs of a little over $1 back when CubDeFi launched. That moment was like the perfect storm where DeFi was just starting to take off and airdrops and a bull run set in.

The liquidity for LEO seems to be a little lower at the moment and while I don't have a graph anymore that I can find of Liquid vs Staked vs locked up in DeFi etc it normally was around 70%+ locked up as staked tokens which means only 30% of those tokens could be liquid.

The Massive Positives For LEO Token

25k to 5k Emissions

LEO emissions (newly printed LEO tokens was on a 25k per day rampage which is a decent amount when you look at the smaller community over the last two years. BTW that community has gone from roughly 500 to now a few thousand! With 20k less LEO tokens hitting fresh accounts we are now starting to see some major price action. The biggest change is that the delegation to leo.voter of which I currently have 85,000 Hive delegated to so I can hit my Leo power up goals here on Monday is now buying LEO off the market. When you look at the amount of revenue being earned from this voter and how much it's gobbling up (roughly 15,000 LEO a day right now) you can see what a drastic impact this is having on the price already.

For all of those people that say changing emissions doesn't matter this is yet another clear example of it does just like a bitcoin halving does. That's why I hope at some point CubDeFi can start being more active in terms of emissions depending on bull run and bear market trends.

Many Options

Here's the really beautiful thing about the LEO token. It's not just a hive only token and I believe many new people don't know that. (Perhaps I'll make a thread storm on it later) While yes LEO tokens work much like Hive tokens in terms of curation rewards it does other things. The biggest of which LEO can be used on Binance Smart Chain, Ethereum and Polygon via various defi platforms.

Binance - CubDeFi.com
Polygon - PolyCub.com
and the Ethereum Geyser

All of these should start growing in demand as well. In fact I just used Binance to get my hands on some bleo and then covert that into hive to help with my 8k power up.

LPUD

LPUD or Leo Power Up Day happens on the 15th of each month. It's always loaded with prizes such as 3 week delegations. This time it's loaded with even more but not only that there's an exclusive NFT that will be awarded to anyone that powers up at least 8k LEO tokens on the 15th. It's also loaded with other rewards and right now a big month long contest is going on called Zealy just click on that link and sign up. Everyone can win some delegations and other prizes by taking part and some of the top prices are worth thousands of dollars!

Overall there is currently very high pressure on the LEO token from multiple directions. The big question will be how will the price action affect everything?

Will the DeFi platforms start seeing more action and thus the tokens of those start to go up in value?

Will the token price hold and even increase after LPUD?

There's a lot going on with LEO and I love it. The more action, community and quality coming out of it all the better for not only LEO but also the entire Hive blockchain ecosystem.