I think the Metamask integration, the purpose of which is to make onboarding easier by allowing Metamask users to begin using LeoFinance without taking full control over their Hive account, was a great idea. It is absolutely indispensable for the user base of any Tribe to grow. The entire reason for existing of this platforms is to facilitate content creation and engagement. The ultimate goal is traffic, which in turn will drive up the ad revenue thus giving the LEO token value through automated buybacks and burns.
But without wLEO in the picture many Metamask users would be tempted to cash out their earnings into ETH without giving a second thought for the underlying LEO token. This is clearly not optimal, which is where wLEO comes in as it provides the Metamask users a way to yield farm by providing liquidity to the wLEO/ETH pools, thus also creating upward pressure on the price of LEO.
It's up to the founders of LeoFinance to decide how to go forward but what I'm talking about is a point of view that I think would be prudent to take into account. A large number of Metamask users raiding the pool so to speak without any incentive to re-invest their ETH gains back into the system might not bode well for the token price. The traffic, say 10,000, new Metamask users would drive might not be sufficient to offset the selling pressure if a clear majority opts for auto-dumping their LEO earnings to get ETH.
The way to mitigate this arguably good problem would be for stakeholders to go full manual and heavily favor authors who either create exceptionally attractive content or who choose to re-invest their rewards.