INLEO AMA | LeoDex Launch, Swaps tutorial, Hive Aggregator
Hey, Lions! LeoDex Beta is live! Now you can do swaps between L1 Hive and assets supported by the Maya blockchain using the $LEO/$CACAO pool. And this is just the beginning in its beta form.
In this Episode:
- LeoDex Beta has been released
- Keystore is the main wallet option, and XDEFI
- Hive Aggregator Technology (HAT) will allow L1 trading
- Arb ETH Gas can be purchased inside LeoDex with 10 $LEO
- Stream swaps and Thor Aggregator coming to Maya
- Step-by-step guide on how to perform swaps in LeoDex
- LeoDex will allow users to add liquidity to pools on Maya
- Affiliate fees earned by LeoDex will go towards buying LEO, CACAO, and pooling it
At the moment, you can use LeoDex with Keystore, which is super easy. XDEFI will be enabled soon, along with other wallet options. For the Hive wallet it works with Keychain. You can use the extension on desktop or use LeoDex in the internal browser of the Keychain app on mobile.
One of the biggest successes from this launch is Hive Aggregator Technology (HAT), unlocking seamless L1 trading opportunities for Hive like never before.
To operate on LeoDex, which has Maya in the backend, you need gas in the form of ArbETH. But don’t worry about how you will get it; LeoDex makes it effortless!
And innovation is not happening only on our side. We are right on time to catch the wave when Maya launches the Thor Aggregator, which will allow swaps with all the Thor-supported assets. Also, stream swaps are coming to ThorChain, allowing swaps of large amounts to happen in one transaction from the user's perspective.
You will find a pooling option; this is only at the UI level. LeoDex is not a pooling platform but will allow you to interact with the pools in Maya. Since liquidity is key, the affiliate fees collected by LeoDex will buy LEO and CACAO and pool it in the $LEO/$CACAO pool.
There are a few surprises to come as well, so stay tuned to see what we have to reward the community for their activity and support during this early stage.
If you want to learn how to use LeoDex, check the AMA for a quick but juicy tutorial.
Posted Using InLeo Alpha
Next five years are going to be very exciting for Hive with things like this happening, I think listing in a DEX was needed badly all you need is one DEX and thats it, moving forward with platforms like Inleo and VSC lots of things are going change around, so glad to be on Hive during this times ✌️
I share your optimism about the value of the project.
Hey cool I will have to give it a try and get a little beta testing in.
Noticed @inleo is a little smoother with the image uploads and operations without errors.
So much to work on but it is making a huge difference.
Thanks again for what you do man!
Is it a same story with different chain?
We used to have BLEO on BNB then pLEO on polygon with all the promising and optimizing words from the team and how are these projects?
Sooner or later, LEO on Maya will follow BNB and polygon :)
I think this is a concern which shold be addressed. Here is my opinion: https://inleo.io/@shortsegments/why-is-leodex-amazing-the-end-of-the-honeypot
https://inleo.io/@shortsegments/why-is-leodex-amazing-the-end-of-the-honeypot
I have used LEODEX quite a bit and read as much as I can get my hands on right now.
I wrote this post about my experience.
https://inleo.io/@shortsegments/my-experience-on-leodexio-on-04122024
This is fantastic!
I am enjoying utilizing a concept made reality. Years ago, I read and wrote about atomic swaps as a safer way to do peer to peer transfers and in the future defi...
In later years I read and wrote about Blocktrades and then Thorchain .
I have been aware of the potential and value of this niche for a while, and unfortunately I left the mining and tech side of the crypto world to join Steemit and took the DPOS pill...
But now I am looking at a roadmap where the dream can become reality and it is exciting.
Honestly not just buttering you up, this is a real example of protecting your crypto with your keys and dong rapid cheap peer to peer transfers, and that is really exciting.
Cool beans! This is an amazing development ( layer 1 cross blockchains decentralized swapping ) Looking forward to playing around with this :<)
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