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Frequently Asked Questions
If you're reading this, many things in the crypto ecosystem can be daunting to tackle. Our Community is an amazing place to get help and engage with people who are both willing and excited to share their knowledge. One of the best ways to ask questions, chat and get help from the community is actually be making a Thread on inleo.io. The community loves to jump in and help.
If you need more specific help, you can join the INLEO Discord Server. Jump in there and say hello and feel free to ask any questions in General chat. If you need some 1-on-1 help - especially with any of the INLEO Ecosystem Apps - then jump in the #Tech-Support channel and open a ticket for our support team. We respond to all tickets in 12 hours or less.
Owning LEO is owning a key utility asset for an evolving Web3 ecosystem. In the past, we've talked many times as a community about what LEO is, how it should be utilized and who should own it. Over time, it has become abundantly clear that owning LEO is owning a scarce asset that represents utility, value capture and governance power in our ecosystem.
LEO represents so much more than just a rewards currency or just a bridge currency or just a liquidity pool asset. What you see throughout this whitepaper is the evolution of INLEO as an ecosystem and the simultaneous evolution of LEO as a Web3 Ecosystem Asset.
The fundamentals of LEO are built around value capture on the INLEO platform. Ad Revenue, Leo Premium, Leo Subscriptions and other value capture methods all bring value back into the LEO token. Dive into the section labeled "The LEO Token Economy" for more details on tokenomics and value capture.
The entire INLEO ecosystem is built with the LEO token at the heart of everything. LEO is our native token on the Hive blockchain where it can be earned via content creation/curation and staking in your inleo.io wallet.
- wLEO is a wrapped version of the LEO token on Ethereum
- bLEO is a wrapped version of the LEO token on the BNB Smart Chain (BSC)
- pLEO is a wrapped version of the LEO token on the Polygon Blockchain
When INLEO first launched in July 2019, we built everything around the LEO token itself. The fundamental mission of INLEO is to build a thriving creator economy that is centered around digital ownership, tokenization and communities. To build a thriving creator economy, we've built a model around the LEO token that captures value from various revenue streams as INLEO scales its userbase.
As more users, traffic, subscribers and premium members roll in, the LEO token amasses value from the attention, monetization and usage of the platform. Ad revenue from traffic buys LEO. LeoPremium collects revenue and buys LEO. LeoSubscriptions does the same. Read more about this in the Tokenomics Section.
The wrapped versions of LEO (wLEO, bLEO, pLEO) also allow LEO to be a bridge asset to other blockchains. Users on Hive do not currently have a way to swap/migrate any assets (HIVE, HBD or L2 tokens like LEO) to other blockchains. LEO has created a bridge ecosystem where anyone can convert HIVE, HBD or any other Hive-based L2 tokens into LEO, bridge that LEO to Ethereum, BSC or Polygon and then swap for any other asset. The LeoBridges have become a staple in this manner and collect a small bridge fee on every TX, creating another source of value capture for the LEO Token.
Last modified 12d ago