Liquid HIVE & LEO Squeeze

Leo token has always been a vehicle to stake and grow your social power in the InLEO ecosystem. The lions who stake and grow their Leo Power get a role in the InLEO Discord channel, upvote from the voter, and grow their social presence with better post and curation rewards.

Since the beginning, the LEO token was hard to find in the open market as the Lions preferred to stake their coins, 70% - 80% in the form of Leo power, to utilize the offers being served. In addition to the general need for LEO token, the Leo Power Up Days (LPUDs) require some more liquid LEO to be staked on this day to have a chance to win some prizes. For example, you can receive up to 30k Leo Power for a whole month! I received 5k last month and 2k for this month, already! The Leo power brings more LEO tokens with staking rewards as you engage and curate on the platform.

The launch of new Leo DEX, which is a cross - chain platform thanks to Maya Protocol integration, makes both HIVE and LEO a multi - chain coin that is necessary for Layer 1 transactions and DeFi experience. Since the staked forms a.k.a. HP and LP cannot be used for them, there is more need for liquid HIVE and LEO to be used!

Sellers Needed

Now, both DeFi on Hive and the liquid forms of HIVE and LEO will be much needed. The working mechanism of Hive aggregator necessitates Swap.HIVE - LEO liquidity pool on Hive to initiate transactions. So,

1 - You need liquid HIVE or LEO for Power Up events
2 - You need HIVE & LEO for curation rewards
3 - You need HIVE & LEO for transactions
4 - You need HIVE & LEO for DeFi pool on Maya & Hive LPs

I have open positions to buy some LEO from the market. However, there are not many sellers that accept to sell their LEO for 0.35! Just** 10 days ago the rate was around 0.24 **whereas it was 0.18 in March!

As a holder of 540 liquid LEO + open buy orders, I need to use my ammo wisely because I do not want to miss any Leo Power Up day. So, 150 LEO is used to power up and get a chance to win some prizes. This strategy, unfortunately, limits my firm steps through being an Apex Lion but it opens the door for more cross - chain experience.

Diesel Pools on Hive DeFi

Some of the LEO tokens will be used to add liquidity on Swap.Hive - LEO LP on Tribal Dex / Bee Swap. This will be helpful for Leo DEX operations, by minimizing the price impact, and the return of real yield will satisfy my pocket 😉

,

Maya Scan

Lastly, more LEO is needed for aLEO to be used on Arbitrum. The CACAO - LEO system is an amazing way to swap your assets between two different Layer 1 projects. With the hard launch event, the liquidity pool is likely to hit $100,000 which is enough to initiate transactions with really low price impact on the pool.

The APR for CACAO pool is not certain yet. I expect to see double digits from the beginning of the hard launch event. For Hive DeFi pools, they might be as high as 30% - 50% if the first event of cross - chain hits hard 🔥

What do you think about the scarcity of liquid HIVE & LEO?

Share your thoughts below 👇

Hive On ✌️

Posted Using InLeo Alpha



0
0
0.000
6 comments
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

0
0
0.000
avatar

This post has been manually curated by @alokkumar121 from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

image.png

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @alokkumar121 by upvoting this comment and support the community by voting the posts made by @indiaunited.

0
0
0.000
avatar

That is a serious situation that needs urgent attention

0
0
0.000