Leicester On The 30% LIBERA Wrap Fee (Libero Financial)

A #crypto user on Twitter called this out.

It got us thinking - what possible reasons would a person have to wrap their LIBERO right away?

Unless someone wanted to pump-and-dump off LIBERA, there'd be no logical reason, because you'd lose the LIBERO rewards that you're already getting.

We want the smoke. Can anyone explain what possible reason one would have to do this?

If you just wanted LIBERA, you can just buy it off the exchange.

The unwrap fee is significantly less than the wrap fee.

So...help us out here.