Is this your big opportunity to benefit from the leo listing on a DEX?

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Look at the tweet

source tweet

Do you see an opportunity here?
Let us explore the opportunity together.

The big perspective

Let us try to look at this with an example: suppose ETH is looking to get approved for an ETF. Look at what happened with the Bitcoin ETF. From the time it got approved flood gates of money entered leading to big institutions managing the ETF's
The same would happen to ETF if the ETF got approved.
Now think of a situation when a token built on the Ethereum chain managed to get its ETF approved ahead of the ETF of Ethereum.
Then this token would get exposure and funds inflow.

A similar effect happens when a token or a coin becomes listed on a crypto exchange.
The listing provides investors the opportunity to buy the token. This helps the token reach a wider user base which is good for any project.
Leo is the native token of the Inleo.io frontend which is built over the Hive blockchain which has the Hive token as its native currency.

The listing of Leo would directly benefit Hive users and the entire Hive blockchain.

How Leo listing would help the hive ecosystem?

Leo listing on DEX should be seen as a gateway with a door which opens two ways.
Going from LEO to Maya side: This way it lets hive users exchange hive and other layer 2 tokens traded and swapped into leo and then the leo traded into coins like BTC, ETH layer 1 cryptos without having to navigate through a centralized exchange CEX.

Another thing that is happening is the setting up of a LEO CACAO liquidity pool. This pool would use the fee generated in these transactions being permanently locked in the LEO CACAO pool as it would be used to buy equivalent value of LEO and CACAO tokens.

This token locking would help the valuation of both cacao and LEO as it opens a new decentralized trading route.
Currently there is no easy way to trade Hive or layer 2 tokens with layer 1 BTC or ETH on an external DEX.

The flywheel effect is getting started

From the time this announcement was made in the Inleo AMA the price of LEO is on a fire.
The price of leo which was in the $0.06 - $0.07 per token price range a few days back has seen the price go up into the $0.11- $0.12 on the internal DEX

The possible benefits to Hive

Currently if we look at the 24 hour volume of Hive it stands at $51,181,358 (source coinmarketcap.com)

Looking at the Exchange data we see that Hive is available on a handful of exchanges and that too centralized exchanges.

source

As per coinmarketcap data there is no DEX that one sees where one can trade Hive

Similarly HBD or the Hive backed dollar which is the stable coin of the Hive ecosystem is listed on a single CEX and no external DEXes trade the HBD.
On a single exchange listing $HBD enjoys a 24 hour trading volume of $61,050 on centralized exchanges

With the DEX listing of LEO the users on inleo and hive would have two viable options, one take the almost non existent CEX route and other is take the newly opened DEX route.

Why CACAO & Thorchain users would like to come to LEO & Hive

If we look at things from the perspective of Maya Ecosystem (CACAO) and Thorchain then they have the opportunity to get a free web3 account on inleo via the link

Once they are on Inleo and hive they become eligible for a number of opportunities to earn stable income

How to earn stable income on Inleo and Hive?

• Being on Inleo & Hive gives a user the opportunity to powerup and turn your Hive tokens into Hive power.
  This hive power can be delegated to the @leo.voter account and this results in some interesting delegation reward earning opportunities which are
  a) 16% APR paid daily in LEO tokens
  b) 20% APR if a user chooses to get paid in staked LEO
  c) 22% APR if a user opts for a premium inleo subscription.

Besides this users can use the web3 social media platform to post both short microblogging content or long blog type posts. Both have the opportunity to earn LEO and hive tokens.
Pro TIP: f a user makes a post via the inleo.io frontend and posts to any community then it can earn a juicy curation reward based on the quality of the content.

• Additional earning on HBD with 20% APR on savings: The HBD in your wallet once put into savings earns a 20% APR that gets paid every month.

This creates a new stable crypto earning opportunity that is tried and tested and has been delivering consistently.

How is this opportunity playing out for LEO?

Leo token is already in high demand as LEO community members are in the habit of powering up their leo tokens on the 15th of every month as they celebrate LEO Power up Day or LPUD.
This is a monthly ritual of the community that has been running for a long time now and it has led to the leo holders becoming financially more stable and growing over time.

The news of the DEX listing and setting up the LEO Cacao pool has put fresh pressure on the demand of LEO tokens

Final thoughts

This would be a great opportunity for crypto users and create multiple opportunities to grow their wealth, trade their crypto and earn more.
If you do not have an inleo/hive account then create a account using the link

We, the team at Inleo.io and the community await your arrival on this amazing web3 platform. Come let us profit and grow together.

Posted Using InLeo Alpha