Hi, everyone! Streaming swaps are coming to LeoDex. Actually, they are coming to Maya Protocol, and every UI there has access to them just like us. However, each one has to build the display for it, and we are creating an excellent one. What happens after?
In this clip:
- Streaming swaps on Thorchain brought an exponential increase in swap volume, but not immediately
- LeoDex can capture part of the increase in swap volume
- Our UI will have a great display for streaming swaps
- An increase in swap volume will mean more buy pressure on the LEO token
- More revenue for all the UIs means more capacity to continue building
When streaming swaps came to THORChain, they didn't start with a huge swap volume. It took a while to see the result of such an innovation and witness a 10x increase.
We can expect an increase in swap volume across all Maya Protocol UIs and various tokens. LeoDex is one of these UIs, and we hope to see a 10x increase at some point after the release. This will impact the revenue generated from fees, increasing the buy pressure on Leo, since we use all of the revenue to buy Leo, Hive, and Cacao from the market to pool it. Simultaneously, liquidity deepens in the pool, making swaps even cheaper.
It all feeds into itself, and we can expect growth in the LEO economy. This is great for us, but it will also benefit all the UIs, allowing them to reinvest and continue building on the Maya Protocol, thereby strengthening the CACAO economy as well.
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Wow brother, I'm excited to hear about the new streaming swaps on LeoDex. Seeing how THORChain evolved, I believe this will be a huge boost for the LEO economy.
Help please @khaleelkazi I have sent LEO to wleo.io/leo-arbitrum but did not received an output. Is there a Discord server for private messages?
You should go to discord and tech support.
Thank you.