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The integration mimics systems used by existing platforms like Thorchain, where a base asset facilitates trades between different cryptocurrencies. In the case of Leo Deex, Leo acts as the intermediary pair asset. For example, if one were to swap Bitcoin for SPS, the transaction transforms Bitcoin into Leo first, and then transitions through various platforms until SPS is delivered to the user. This intricate routing not only emphasizes the utility of Leo as a central hub but also builds liquidity for SPS in the process.
Benefits of Integration for Communities
The benefits of integrating SPS into the Leo Deex ecosystem extend beyond mere transactions. By generating use cases for SPS, the integration creates a vibrant economic cycle that enhances community engagement.