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RE: LeoThread 2024-06-10 10:18

in LeoFinance6 months ago

Here's a #threadcast for the Monday's with Maya Podcast

It's happening right now from 11 AM EST to Noon EST

Join us and engage in the comments. We'll be covering all the things

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LeoDex has become an incredibly important innovation for the future of the $LEO ecosystem

With this space, maybe you guys can see that even more

We need to grow the users and $ total swap volume on LeoDex to become a more serious player in the Maya Ecosystem

Even if you swap as little as $10... it all helps grow $LEO's presence on Maya

LFG

let’s make it happen! Love to see it. I’ve taken all my swaps there. Not a ton but it’s all of them.

Alux is pretty humble considering his Lending model is basically the best iteration of previous models in similar chains

It's talking about loan, well, I would like to listen to this topic.

Just arrived the space. What have I missed?

Khal showed his feet to everyone.

LOL. Wasn't expecting this response. That was a funny one.

Is he trying to keep his feet warm?

I am not sure it is cold by him so it might be not needed.

Hmmm... Okay.

I Didn't receive prior information about today's podcast, maybe my X account didn't do a good work ths time around.

I think it's because this is a MAYA podcast, and not INLEOs.

Okay, thanks

Better to host shows like this to get many like me educated on important projects like Maya protocol

Maya Protocol, loan acquisition and many more of this is important we learn them.

Lending allows users to deposit collateral, then create debt at a fixed collateralization ratio CR (collateralization ratio). The debt can be denominated in USD or CACAO (despite what asset the user receives).

  1. no liquidations
  2. no caps
  3. no expiration

The design is heavily inspired by Thorchain but with a few key differences

This looks really great!

One of the beauties of on-chain Lending - you have clear rules and they are all transparent

The risks/rewards, the obligations... all of it is clear

That is huge. We need to have that built into Leo using $LEO.

Now you guys have the Alpha scoop

$LEO Collateralized Loans are coming via Maya Protocol

The bigger the LEO-CACAO pool is, the more loans that can be taken and the more interest that is paid to Liquidity Providers

It's an exciting and dynamic system

We need more $LEO in the Maya liquidity pool.

That will give borrowers the best interest rates.

Yes - and the ability to do bigger and bigger loans

Liquidity just got even more important

Without a doubt. We are building the foundation of a system that needs to be feed and gets very hungry.

So users are the one who are lending assets to other users who wants to lend.

Participate in here if you want to be as smart as @l337m45732

You will not regret it.

If there were MayaNames, I'd get something cool

I've been thinking of getting away from the brand @anomadsoul, since I am no longer focused on anything the brand represents

Are you no longer a nomad nor a soul

🥲

That could work for you. Good luck on whatever brand you're doing next.

I am lucky I just checked Inleo, could it be possible to have a planning of upcoming #threadcast?
#feedback
#freecompliments

Keep it simple at first, then add layers of complexity, great approach by Aalux

A metaphor for life.

And it makes a great bumper sticker.

LeoDex is just a single part of the overall flywheel. It is a powerful component that will grow over time.

It is an interconnected piece to something much bigger.

Holy shit!!!

Did he just say that $LEO can be used for a loan?

He said any asset can be used!!!!

Interesting.

I might be misunderstanding it but I think that is what was said.

If it is any token on Maya, aLEO is there.

That means we will be able to take out loans for LEO.

Okay, if I understand you well, do you mean we can take out loans to grow LEO to increase it's value?

I will explain it to in the upcoming spaces in 30 minutes

https://inleo.io/threads/view/taskmaster4450le/re-leothreads-2bmgmynyh

Okay, nice one. I'm glued. LOL.

Here is where people can learn about what will eventually be coupled with LeoDex.

We are looking at a concept discussed on last weeks Town Hall.

LeoDex is not operating in a vacuum. It is going to be enhanced by the developments of the Maya team. What is built into that protocol will simply be added to LeoDex to access.

If Maya becomes one of the leaders in DEX swaps, having LeoDex tied to it (and Thorchain also) is a great benefit.

Go where the puck is going.

"We acknowledge we owe you" and it's all on chain, nice

Question

Does Maya have an plans for synthetic asset creation?

They do have synthetic assets, sTOKEN that live in the mayachain

Maya has synths already

People have wanted a bridge to the outside world from Hive. It now exists.

Maya appears to be building a lot of interesting things. LeoDex is going to be more than just a swap application.

You get down with anything.

with things i love...

Aquaman 🤣🤣🤣🤣 is in love with a Fish 🐟🐟🐟

I guess I hadn't seen the potential the Maya protocol is offering! Step by step I understand better its value!
#freecompliments

Well, I'll just take this as a learning experience.

Not too interested in topics about lending to be honest.

In Islam, lending with interest is Haram, some Muslims do it, but I'm not.

I probably missed it as I joined later, but is there a time-line mentioned for loans?

#freecompliments

Am I imagining it or has tags on threads work as intended now!!!

Khal's in the speaker panel, I wonder what he'll speak about

Is that a rhetorical question?

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