Hello, Lions! This is one of the most exciting AMAs we have had in a while. LeoDex is now officially in open beta, and this is the Launch Party. Don’t miss the opportunity to learn all the details about LeoDex and what it means for Leo and Hive.
In this Episode:
- Half a million LEO purchased to seed the LEO/CACAO pool
- The swap from L1 HIVE to any token listed, except LEO, is live
- Next, after all current features are set: Any Token to Hive, HBD, SPS, and DEC
- Revenue from affiliate fees will permanently feed the LEO/CACAO pool
- Updates are being deployed daily right now, allowing for rapid improvement
- The Hive aggregator will bring a significant amount of swap volume, which will increase the position and the APR of the LEO/CACAO pool on the Maya protocol
- With the aggregator, we don’t need to build several pools to add more tokens; the only one needed on Maya is LEO / CACAO. On the Hive side, we need the LEO / SWAP.HIVE.
We've made a significant investment by purchasing half a million LEO to kickstart the dynamic LEO/CACAO pool. This move sets the stage for enhanced liquidity and trading opportunities. It took a while to buy since 70% of the LEO available is staked.
LeoDex is now live. Now you can go from L1 HIVE to any token listed (excluding LEO). You can also swap the tokens listed for the other ones supported and add liquidity to different Maya liquidity pools.
After fine-tuning our current features, expect to trade not just Hive but also HBD, SPS, and DEC, all within a single, user-friendly interface.
We're innovating the revenue model by channeling affiliate fees directly into the LEO/CACAO pool. This perpetual funding mechanism ensures the pool's sustainability and growth.
The introduction of the Hive aggregator is a game-changer; it will drive significant swap volume. This boost will elevate the position and APR of the LEO/CACAO pool on the Maya protocol, offering lucrative opportunities for investors.
Our streamlined approach means you don't need multiple pools on Maya. The LEO/CACAO pool is all you need for efficient token addition and trading. The only other very important pool is LEO / SWAP.HIVE, the ideal would be for both pools to keep a healthy balance.
We are working hard and deploying daily updates that propel our platform forward, ensuring rapid improvement and a seamless user experience. We're committed to making it the most user-friendly and valuable DEX possible.