Hey, everyone! ChainFlip is a fork of ThorChain that offers unique functionalities that differentiate it from ThorChain and Maya-Protocol. It has integrated with one important blockchain, which is Solana, and integrating ChainFlip with LeoDex will allow users to trade Hive assets with Solana.
In this clip:
- Integrating Solana to LeoDex through ChainFlip
- Leopool collects HBD with all the premium payments, regardless of the coin used to pay
- New LeoDex engine that brings intelligent memos on Hive
- Revenue capture from swap fees
We recently launched a new swapping engine on top of Hive; we took the intelligent memos model from ThorChain and Maya to create the Hive Aggregation V2. Through this, we can swap between Hive assets and the cryptocurrencies listed on LeoDex.
Besides Hive, LeoDex works right now only with Maya, which doesn't have Solana. ChainFlip has it, so with the integration of ChainFlip to LeoDex, we will have the possibility to trade Hive assets for Solana and to pay for services like Premium subscriptions.
With all these integrations, LeoDex collects the swap fees of the corresponding tokens that are being swapped, which then get automatically sent to the LeoPool account that buys $LEO.