Leicester On The Upcoming Assent Protocol Token (BSC, ETH)
Although this token was envisioned about a month ago, many of the things implemented are variations on the way Libero is designed.
Here, we talk about the Libero/xLibero structure, and how it compares to the Assent Protocol token which is due to be released this week.
They will have their own stablecoin to control value. This is similar to the way Magic Internet Money works.
However, the tokens in the ecosystem will have minting enabled, so that it can behave similar to the US Treasury.
We're fairly sure it will follow a similar pattern as SAFUU and MIM.
The biggest issue we see: a whitelist presale which means a LOT of dumping initially. There doesn't appear to be any anti-whale to stop it, and if minting is enabled, it means it isn't deflationary.
EXTREMELY high risk investment.
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