The Daily Leo #585

͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­

	Forwarded this email? Subscribe here for more The Impact of U.S. Elections on Our Crypto Portfolios The Daily Leo #585 idiosyncratic and Akin Nov 4   READ IN APP   Welcome to The Daily Leo! We pull the best articles in Finance, Crypto news, and Hive/Leo into one condensed information-packed space. Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO Is Web3 Going To Ever Be Reality? The author critiques Web3's inability to deliver real value, income, or user engagement, suggesting that a "Web 2.5" model, blending Web2 with Web3, might be more viable. They argue that Web3's failure stems from a lack of sustainable revenue models, regulatory scrutiny, and unmet user expectations. Some projects, like Uniswap, show promise by adapting governance structures, but the sector overall faces challenges in scaling and regulatory acceptance. The Impact of U.S. Elections on Our Crypto Portfolios The author discusses the potential impact of the upcoming U.S. presidential election on the crypto market, with a Trump victory seen as more favorable for crypto, while a Harris win could bring regulatory pressures, particularly on DeFi. They suggest holding off on major trading positions due to expected volatility, noting that Bitcoin may see price swings and that altcoins could suffer if BTC dominance remains high. Despite the uncertain short-term impact, the author believes any downturn would be temporary and sees potential long-term opportunities, especially if Bitcoin dominance nears its peak and ignites an anticipated altcoin season. Crypto Your Golden Lottery Ticket The author argues that crypto can be a powerful path to financial freedom, but only for those who hold onto their investments with patience, particularly through the four-year market cycles. Unlike the gamble of lottery tickets, crypto offers a more reliable way to improve financial situations, provided investors resist the urge to sell during hard times. Emphasizing an eight-year, two-cycle commitment, the author believes that staying invested now, before crypto fully mainstreams, is crucial for long-term financial success. EigenLayer Protocol | The Promises and the Challenges EigenLayer is an Ethereum-based protocol that lets users "restake" their ETH to secure multiple projects, enhancing security and efficiency. While promising, it faced controversy when two advisors resigned over conflicts of interest, prompting the Ethereum Foundation to work on clearer governance policies. This incident highlights the need for transparency to maintain trust in decentralized systems. InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards. Thanks for reading The Daily LEO! Subscribe for free to receive new posts and support my work. Pledge your support A guest post by Akin I write about the future of financial technology Subscribe to Akin The Daily LEO is free today. But if you enjoyed this post, you can tell The Daily LEO that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. Pledge your support   Like Comment Restack   © 2024 LeoFinance 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe