Welcome, Lions, to our most recent and exciting INLEO AMA. We've had a dynamic week preparing for the Maya listing, making necessary changes, and working against the clock, but it's all worth it. LEO's listing on Maya will open new revenue streams and create more opportunities for the entire Inleo and Hive ecosystem.
In this episode:
Arbitrum LEO will be used in our Maya listing instead of Wrapped LEO to significantly reduce fees
The listing of LEO on Arbitrum was completed in 12 hours to fit into Maya's V109 update
LEO will be the first Arbitrum token registered on Maya
The LeoDex UI will manage swaps on Maya for Hive assets
Users will be able to convert from Hive to BTC using the new version of LeoDex
Listing on platforms like CoinGecko, CoinMarketCap, etc., will be done under the LEO name with its actual tokenomics metrics for the first time
One of our key developments is deploying LEO on Arbitrum and then listing Arbitrum LEO on Maya, a strategic move that significantly reduces transaction fees compared to using Wrapped LEO. With fees paid in ETH but on a Layer 2 protocol, users can enjoy seamless transactions with drastically reduced costs.
Our transition to Arbitrum was a smooth process; we completed the Arbitrum listing within just 12 hours, aligning perfectly with Maya's V109 update, which also introduces Arbitrum to their platform. As a groundbreaking milestone, LEO becomes the first Arbitrum token listed on Maya, unlocking exciting opportunities and paving the way for innovative trading possibilities.
We have deployed LEO on Arbitrum with a 50 million tokens cap, which is the maximum amount of LEO that will ever exist, as seen in the tokenomics section of its documentation. This ensures transparency in our upcoming listings on platforms like CoinGecko and CoinMarketCap under the LEO name, providing users with accurate information.
The new version of LeoDex, a distinct app linked to the old one only by name, will enable transactions from Hive to Maya and vice versa, using the LEO/CACAO pair as the vehicle. Maya also grants us access to Thorchain, as they are developing an Aggregator that will soon go live.
These are exciting times for Maya, exciting times for LEO, and we're entering at the right moment to leverage the upcoming growth.