Flying High on our way to Legendary Status
I wanted to share my current excitement over being part of the Leofinance Community.
Price
#Source: Uniswap
At the end of the day, we all need to pay our bills right?! So price is important. Our ERC-20 Token Wrapped Leo or WLEO is doing great on Uniswap. This price increase in WLEO corresponds to an increase in the price of Leo on Hive-Engine and LeoDex. The price has increased to a new all time high 0.54 USD per Leo.
Hive/Leofinance Onboarding
#Source Leofinance-Onboarding Report-post
This data shows a huge jump in Sign-ups to Hive 587 new accounts, which is close to a 15% increase in accounts for a Community of 3800 plus accounts.
WLEO-ETH Liquidity Pool 1.5 million USD
This WLEO-ETH Liquidity Pool on Uniswap has tied the price of WLEO to ETH, so as Ethereum has gone up in price, so has WLEO. This has also created a rare dynamic on Leofinance, where new bloggers to this space can earn Leo or Ethereum. This adds a different spin to blog earning, as earning Ethereum is a big draw. It also increases awareness of our token and token project outside the Hive Ecosystem!
CryptoTwitter Leofinance version of Twitter
I am very excited about the potential of Leofinance CryptoTwitter Microblogging platform. Twitter has millions of users that love its short 280 character format. I think that not only will this encourage more accounts on Hive to utilize this new platform, but also encourage people outside the community to participate.
Leofinance Decentralized Exchange
In a time when all decentralized finance exchange platforms on Ethereum have over 12 billion USD locked up in Smart Contracts, attracting 1/10th of 1% of that business to Hive / LeoDex is 12 million USD , which is more then 4 times the market cap of Leo, so it could potentially increase the price 4x to $2.00 for Leo.
I belief I can Fly, I believe I can touch the Sky!
I truly believe that these positive events on the Horizon will make Leofinance and Hive Soar above their current price. Leo is a second layer token on the Hive blockchain, and all posters on Leofinance need to buy Hive to post. Positive news for Leofinance is positive News for Hive. They are one.
Leofince: The level of enthusiasm, engagement, the increasing rewards on posts and the dedication of curators to reward and encourage new members here is terrific. I think the Best is yet to come, so keep posting, stay positive, keep reading and learning, so you can profit from the changes in this space.
@shortsegments