Summary: InLeo AMA – June 11, 2024

Threadcast link:
@khaleelkazi/re-leothreads-33tf3hbzj

Link to recording:
https://twitter.com/i/spaces/1zqJVqPNPaDGB

Speakers

@anomadsoul @l337m45732 @khaleelkazi


DISCLAIMER: The following has been generated by AI (Claude-3) based on the publicly available recording of the livestream. Because the content is AI generated it may contain errors, so please keep that in mind when reading. Feel free to suggest corrections and/or add additional information/improvements in the comments. Read more: Introduction post for the AI Summaries project


InLeo Ecosystem Expands with New Features and Partnerships

The latest InLeo AMA was packed with updates and insights into the growing LEO ecosystem. Khal, the CEO of InLeo, and Eric, the co-founder, covered a wide range of topics, from new dashboard features to the upcoming launch of LeoAI.

Dashboard Updates and Delegation Tiers

The team started by discussing the recent updates to the InLeo dashboard. The key change is the introduction of new delegation tiers for the Leo.voter platform. Users can nOW earn between 12-18% APR on their delegated Leo, depending on their tier level. To reach the highest 18% tier, users must delegate a high amount of Leo Power, be a premium subscriber, choose the staked rewards option, and proxy their votes through Leo.voter.

Khal emphasized the importance of these tiers in incentivizing users to support the long-term growth of the Leo ecosystem. He explained that the tiers are designed to align user incentives with the project's goals, such as increasing adoption of the InLeo and LeoDex platforms.

Collateralized lending with Maya Protocol

One of the most exciting developments discussed was the integration of collateralized lending through the Maya protocol. Khal and Eric highlighted how this feature will create a "flywheel effect" for the Leo ecosystem. Users will NOW be able to borrow against their Leo holdings without having to sell, reducing selling pressure on the token. The more liquidity in the Leo/Cacao pool, the larger the potential loans, which in turn incentivizes more liquidity providers.

The team emphasized that the Maya lending protocol has a dynamic, programmable interest rate system, unlike some other DeFi lending platforms that rely on DAO governance to set rates. This, they believe, will lead to a more stable and predictable lending environment.

Upcoming LeoDex Features

The discussion then turned to the upcoming improvements coming to the LeoDex platform. These include:

Geyser Display and Auto-Compounding

LeoDex will soon have a dedicated geyser display, showing users their liquidity position and the APR they are earning. Additionally, geyser rewards will be automatically compounded back into the liquidity pool, rather than being airdropped.

Improved Swap Experience

LeoDex will separate the display of slippage and fees, making it clearer for users to understand the total cost of their swaps. There will also be an "are you sure" confirmation step added to the swap process.

Volume-Based Rewards

A new volume-based airdrop feature is being added, which will reward users for their trading activity on LeoDex.

3Speak Integration

The team is also integrating 3Speak's long-form video and short-form video features directly into the LeoDex UI.

LeoAI - A Customized AI Assistant

One of the most anticipated new features discussed was LeoAI, InLeo's upcoming AI assistant. LeoAI will have two main components:

  1. A ChatGPT-style interface where users can ask questions and get responses tailored to the Hive ecosystem.
  2. An AI co-pilot that can assist users with tasks like writing blog posts, summarizing discussions, and providing insights on community activity.

The key differentiator for LeoAI is that it will be trained on both the broader Internet data as well as the specific content and activity on the Hive blockchain. This localized training is intended to make LeoAI a more valuable and relevant tool for the InLeo community.

Growth Targets and Partnerships

To wrap up, Khal shared InLeo's goal of reaching 1,580 monthly active users this month. He encouraged the community to invite friends to engage with the platform, whether through posting, commenting, or upvoting.

The team also briefly mentioned that they are working on some exciting new partnerships, though they did not provide any details. Khal and Eric indicated they would share more information on these partnerships in a future AMA.

Overall, this InLeo AMA highlighted the continued evolution and expansion of the Leo ecosystem. From new financial tools like collateralized lending to innovative AI-powered features, the team is working to make InLeo an increasingly valuable and engaging platform for the Hive community.


@leoglossary links added using LeoLinker.

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