In this video (and written) guide, we'll walk you through the steps of wrapping LEO. It's a deceptively simple process. While it may sound complicated, there are only 3 real steps when it comes to wrapping LEO from Hive into wLEO on Ethereum.
Step 1). Go to https://wleo.io and enter your Ethereum address in the "LEO to WLEO" field
Step 2). Hit Submit, Then Enter the Amount of LEO You Want to Wrap
We recommend wrapping at least 250 LEO (~$30+) because of gas fees. Depending on when you send your wrapping transaction, the gas fees could be anywhere from $0.40 - $5. This gas fee is a flat fee, so sending more LEO to wrap won't scale up this portion of the fee to wrap.
Step 3). After Confirming Your Amount, You'll Be Prompted to Confirm Your Transfer of LEO Tokens to the 
Hive Account:
If you have Hive Keychain installed on your browser, then it will default to opening a Keychain transfer prompt. If you don't have Hive Keychain, then it will prompt a HiveSigner operation to send your LEO to
Step 4). (Optional) Add the WLEO Token Contract Address to Metamask to Track Your WLEO Balance:
Open Metamask, Then Hit "Add Token"
Copy the WLEO Contract Address Into the "Custom Token" Section (it will autofill the Token Symbol and Decimal Precision:
Use Your New Wrapped LEO!
Whether you find your new token balance in Metamask or in Etherscan, Uniswap or elsewhere, you'll see your WLEO balance update typically within 1-5 minutes of your LEO transfer on Hive.
If you don't see your balance in any of these places, then check for your Hive-based transaction on https://hiveblocks.com/@wrapped-leo. If your TX didn't go through (for an unforseen error - usually due to the send amount being too low), then you'll see a refund transfer back from
That's a Wrap!
Wrapping LEO is a very simply process. You're just taking LEO that you have on the Hive blockchain and sending it to
Once you have wLEO on Ethereum, it's up to you what to do with it:
- Become a Liquidity Provider
- Swap WLEO for ETH
- HODL and Wait for a Price Increase
- Use on Other ETH DeFi Protocols (coming soon)
Becoming a liquidity provider means that you combine your WLEO with an equivalent amount of Ethereum (in dollar terms) and then deposit both tokens simultaneously into the Liquidity Pool on Uniswap - this allows you to earn ~18%+ APR from fees in the liquidity pool on Uniswap (depending on the daily trading volume).
In addition, we have an LP incentives program where 300,000 LEO will be airdropped to LP's over the next 90 days. The balances are updated daily to reflect LEO earnings and then are distributed either to your Hive address (if it's linked) or to your ETH address as WLEO. Read here for more details about the incentives program.
Join Our Hive Community & Earn LEO Rewards!
Earn LEO + HIVE rewards by creating crypto/finance-related content in our PeakD community or directly from our hive-based interface at leofinance.io or LeoFinance Beta
| Track Hive Data | New Interface! | About Us |
|---|---|---|
| Hivestats | LeoFinance Beta | Learn More |
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| Trade Hive Tokens | Wrapped LEO | Hive Witness |
|---|---|---|
| LeoDex | Trade on Uniswap | Vote |
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This post was archived on the new wLEO Explore Page