I believe I have talked about the awesomeness of the InLeo team before. It all started way back, with the first wrapped token WLEO that hooked up LEO to Etherium, I believe it was, when their profound integrity became apparent. Not long after going live, the entire pool was hacked, and everyone who invested their funds into it ended up losing it. Nothing unusual in the crypto sphere, for anyone who has spent a bit of time here. What was completely unexpected, however, is that the LeoFinance team, as it was called back then, refunded everyone their lost funds! Not because anyone forced them to, but simply because this was the most logical step for longsighted planning. At least in my case it worked, as it established a long standing trust in what was no more than another Hive community, with higher aspirations. Today this confidence was strengthened again, in form of a post serving us what is essentially bad news.
Old News and Not That Bad
It had to do with CUB and all related projects. You may remember the craze (was it three years ago?) when Leo was bringing out CUB, in order to jump on the DeFi bandwagon, and connect Hive to other blockchains? I know, everyone and their sister were posting about the wonders of liquidity pools, and the pricce of LEO was soaring. I jumped into the pool too, hoping for the best, and as CUB sprouted various additional projects, I also got involved in them. Eventually the excitement abated, but I remained confident in my diamond paws, and settled in for the long haul.
The days became weeks, and the weeks became months, but even a year later the expected reward did not materialize. On the contrary, my CUB was worth less than ever, with so sign of improvement. I think it was close to a year ago, that I managed to take my losses and climb out of the CUB pools. The only investment I kept was something on XPolyCub, where I surrendered my access to my coins for a year, with the promise of some nice reward. Since this was even more for the long haul than my pools on CUB, I actually ended up forgetting about it... so much so, that I'm still not sure what that thing is exactly called where I put my money, or how much it was.
Seeing how I got disillusioned by CUB a year ago, it did not hit me as a surprise to read about the approaching sunset of CUB. But now that my suspicions have been confirmed, straight from the horse's mouth, I am coming to appreciate the integrity of the good folks at InLeo even more. I'm sure we all learn about rug-pulls and other rip-off schemes in the world of Cryptos right from the start... hopefully from other people's experiences, and not from your own. In fact, I would say, those who start complaining (let alone demanding refunds) are out of touch with reality. Like if you've been pickpocketed on the bus, you'd expect to get your stuff back by asking around... (right!)
Let's face it, there are plenty of malentended scams out there, and there are also lots of honest and good ideas, which simply ended up failing. Both are part of our reality. And in both cases, the most anyone could hope for is a faint shrug, if anything at all. Not so with InLeo!!!
Okay, so CUB turned out way better in theory than in practical reality. No biggie, and I'm sure most of us who paid attention (as you would to your own funds) didn't fail to notice. So it is particularly great to see, that InLeo openly admitted to it, and what's more, offered us to help retrieve our investments, so that their failed project can be sunsetted (I love that expression) in an orderly fashion without wrecking too much havoc in the end. I feel this alone is worth at least the mention, if not a whole-hearted appreciation.
Help Me Find My Money!
After all of this, I actually feel encouraged to follow their great example and own up to my own shortcoming, which I just mentioned before: I need help figuring out where I put my money, how much it is worth, and how to get it out! - I know... What kind of fool would forget about his own investment??? Well, at least I'm not one of those fools who is suddenly surprised at CUB not working out as expected, and is blaming InLeo for ripping them off.
Is this the right place? Would I have to wait those 104 days? Is the amount I have in it really worth no more than $1.44 USD? In that case I may have been right to completely forget about the whole thing...! Or do I have to switch to a different chain on Metamask? I just don't remember.
In the end, my original attitude I have picked up during my first week in Crypto still holds true: Don't invest more than you are willing to lose. Which means, should my XPolyCub investments be worthless, or completely gone, I will take it with a stiff upper lip. And it's also true, with another team I'd probably not even bother with such a post. However, the situation is much different with InLeo, as they have demonstrated time and time again. So I have no idea what we can expect to replace CUB, but whatever it is, I know I can feel goo about it.
Thank you InLeo, please keep up the good work!
Posted Using InLeo Alpha