The launch of the Liotes project has been amazing in all respects. The LENM token was for a time the second most traded token on hive-engine. Preceded only by LEO!
Watch on Lbry
So far a total of 16'726 Hive Power have been collected on the Liotes Fund and almost everything has been leased out. The average income of these leases is a bit above 14% APR.
The interests that we collect are used at a daily rhythm at the beginning because the situation is very dynamic. 25% of the earnings are reinvested into the fund and since there is not buy back program yet, the remaining income is used to develop the other income streams. We will talk more about these in the coming updates.
Yesterday, @ph1102 and myself were both quite stressed out after working many many hours to prepare this launch and we needed a day off. Today, we are back to work building up a lot of nice things for this project.
Real time situation report of the project
The mission has started successfully and we want you to be able to follow how things are going. You can now follow the terraforming progress of Liotes on our website. You can also see some information about LENM and LEN.
Liotes
A project run by @ph1102 and @achim03
Resources
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