Hey, Lions! LeoDex Beta is live! Now you can do swaps between L1 Hive and assets supported by the Maya blockchain using the $LEO/$CACAO pool. And this is just the beginning in its beta form.
In this Episode:
- LeoDex Beta has been released
- Keystore is the main wallet option, and XDEFI
- Hive Aggregator Technology (HAT) will allow L1 trading
- Arb ETH Gas can be purchased inside LeoDex with 10 $LEO
- Stream swaps and Thor Aggregator coming to Maya
- Step-by-step guide on how to perform swaps in LeoDex
- LeoDex will allow users to add liquidity to pools on Maya
- Affiliate fees earned by LeoDex will go towards buying LEO, CACAO, and pooling it
At the moment, you can use LeoDex with Keystore, which is super easy. XDEFI will be enabled soon, along with other wallet options. For the Hive wallet it works with Keychain. You can use the extension on desktop or use LeoDex in the internal browser of the Keychain app on mobile.
One of the biggest successes from this launch is Hive Aggregator Technology (HAT), unlocking seamless L1 trading opportunities for Hive like never before.
To operate on LeoDex, which has Maya in the backend, you need gas in the form of ArbETH. But don’t worry about how you will get it; LeoDex makes it effortless!
And innovation is not happening only on our side. We are right on time to catch the wave when Maya launches the Thor Aggregator, which will allow swaps with all the Thor-supported assets. Also, stream swaps are coming to ThorChain, allowing swaps of large amounts to happen in one transaction from the user's perspective.
You will find a pooling option; this is only at the UI level. LeoDex is not a pooling platform but will allow you to interact with the pools in Maya. Since liquidity is key, the affiliate fees collected by LeoDex will buy LEO and CACAO and pool it in the $LEO/$CACAO pool.
There are a few surprises to come as well, so stay tuned to see what we have to reward the community for their activity and support during this early stage.
If you want to learn how to use LeoDex, check the AMA for a quick but juicy tutorial.