Doesn't the fee revenue just go to the liquidity providers? Me simply holding staked LEO wouldn't matter in this case right?
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Doesn't the fee revenue just go to the liquidity providers? Me simply holding staked LEO wouldn't matter in this case right?
no.
fee revenue comes from 2 places & will buy LEO & CACAO for permanent liquidity.
1 - affiliate fee charged by Inleo for each swap via Maya
2 - wrap/unwrap fees from using LEO as the bridge from Hive to other chains
Ah good stuff thank you. Been missing some of the AMAs here lately and trying to keep up. Appreciate the deets!
no worries fren