LEO-CACAO Pool: 300% APR on Maya Right Now

The LEO-CACAO pool had the highest APR on Maya for some time. Don't look at me, I haven't caught that! Checking the situation now, it seems to be second, and dropping, because we know this APR is fluctuating and getting lower with more liquidity added to the pool.


Screenshot from explorer.mayachain.info/pools

Still, a very high APR, compared to the following pools for the time being.

I noticed tweets shared regarding the APR by the Inleo account while I was checking if some other information was shared on the Twitter account by the team.

Here's how things were looking two days ago (screenshot from here):

As expected, the APR is going down sharply, but the most important thing that comes from this is visibility for LEO. That's free publicity on the Maya Protocol.

Unfortunately, for those curious enough to dig deep enough to find out that Arbitrum LEO is linked to LEO on Hive-Engine, which is the reward token for the iNLEO platform, INLEO suffered an outage yesterday that lasted for a while. Not sure exactly how long, because even today when I wanted to write my post it showed the gateway timeout, but this time it was solved by hard-refreshing the browser (which didn't work yesterday). If anyone from the outside checked it out during the downtime, it probably didn't look good.

Anyway, if someone wants to jump into the pool for the high APR and then jump out, instead of staying for a longer term, they should take into consideration elements like fees and slippage. I don't recommend this kind of maneuver to anyone who doesn't know what they are doing.

But to add liquidity to the LEO-CACAO pool (or to the LEO-SWAP.HIVE side on Hive-Engine) and let it be on at least a medium term, to earn some fees, I don't see why not. If you aren't the adventurous type and don't want to get out of the Hive ecosystem, the LEO-SWAP.HIVE pool is just fine, provided you have an interest in both tokens. If you see yourself using the Maya Protocol in the future, given the high APR now, I would take a good look at this option.

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now