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paoloardoino's profile
Paolo Ardoino
Paolo Ardoino
Paolo Ardoino
Verified account
@paoloardoino

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Paolo ArdoinoVerified account

@paoloardoino

CTO @bitfinex + CTO @tether_to [Views are my own]

London
github.com/prdn
Joined January 2010

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    1. Luke Martin‏Verified account @VentureCoinist 14 Jun 2019

      Luke Martin Retweeted Bitfinex

      "The burn mechanism will continue until 100% of $LEO tokens have been redeemed and no more tokens are in circulation." At some point are hodlers forced to sell? For example if John doesn't want to sell his $LEO, how is it bought back and burned?https://twitter.com/bitfinex/status/1139474210651365376 …

      Luke Martin added,

      BitfinexVerified account @bitfinex
      The token burn mechanism will see iFinex buy back UNUS SED LEO from the market equal to a minimum of 27% of consolidated revenues of iFinex. The burn mechanism will continue until 100% of $LEO tokens have been redeemed and no more tokens are in circulation.
      Show this thread
      34 replies 8 retweets 93 likes
      Paolo Ardoino‏Verified account @paoloardoino 15 Jun 2019
      Replying to @VentureCoinist

      We have committed 27% of our revenues in perpetuity. We are happy to pay whatever price the market will demand to redeem 1 LEO. No caps, no tricks. With that 27% we have the strongest community. It's a fair price to pay 🦁🦁🦁

      1:41 AM - 15 Jun 2019
      • 11 Retweets
      • 93 Likes
      • Tigerface Philip Wine 🧊🪄 🦚 Kumar🔸Abhishek 🦚 tur₿oLit Ferdous ₿hai 🦇🔊 tommyq.eth Acetyle Crypto Taliban
      10 replies 11 retweets 93 likes
        1. New conversation
        2. Bog‏ @b0gtus 15 Jun 2019
          Replying to @paoloardoino @VentureCoinist

          Starting from when?

          1 reply 0 retweets 0 likes
        3. Bullyena  🐳  🤍‏ @Bullyena 15 Jun 2019
          Replying to @b0gtus @paoloardoino @VentureCoinist

          See http://leo.bitfinex.com 

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. New conversation
        2. Alex Saunders  🇦🇺 👨‍🔬‏Verified account @AlexSaundersAU 15 Jun 2019
          Replying to @paoloardoino @VentureCoinist

          This is insane. HODLers know they longer they wait the more they will get paid.

          1 reply 0 retweets 4 likes
        3. Paolo Ardoino‏Verified account @paoloardoino 15 Jun 2019
          Replying to @AlexSaundersAU @VentureCoinist

          Holders make communities. Stronger communities build stronger companies. We are here to last and have several projects. Lot of companies devote > 27% revenues to marketing. I much prefer to use that money for UNUS SED LEO burning. @bitfinex

          9 replies 2 retweets 26 likes
        4. Show replies
        1. New conversation
        2. woolsim‏ @woolsim 15 Jun 2019
          Replying to @paoloardoino @VentureCoinist

          Make it available to non kyc on finex. That kyc takes very long I've heard

          2 replies 0 retweets 0 likes
        3. ¯ \_(ツ)_/¯‏ @davecuth13 15 Jun 2019
          Replying to @woolsim @paoloardoino @VentureCoinist

          Took 48 hours for me this week

          0 replies 0 retweets 2 likes
        4. End of conversation
        1. New conversation
        2. SSF Enterprises‏ @ShadySlimFast 15 Jun 2019
          Replying to @paoloardoino @VentureCoinist

          27% of Paolo's childrens earnings will also go to the burning of LEO.

          1 reply 0 retweets 4 likes
        3. Paolo Ardoino‏Verified account @paoloardoino 15 Jun 2019
          Replying to @ShadySlimFast @VentureCoinist

          Lol

          0 replies 0 retweets 1 like
        4. End of conversation
        1. lastbattle‏ @GreatGrandBear 15 Jun 2019
          Replying to @paoloardoino @zhusu @VentureCoinist

          Great strategy, by building a community you build a user base that will trade within your ecosystem too. That’s way more sustainable in the long run than packaging ICO and IEOs. It’s going to spark a rebate+ returns war between exchanges for users..

          0 replies 0 retweets 6 likes
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        1. Krisma  🦊‏ @KRMA_0 15 Jun 2019
          Replying to @paoloardoino @VentureCoinist

          @danskowronski

          0 replies 0 retweets 0 likes
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