WLEO-ETH Trading Pair / Liquidity Pool
This Leofinance Project, a trading pair on the Ethereum blockchain based exchange Uniswap with a trading pair Wrapped Leo-Ethereum, which the leaders of Leofinance have molded into a lucrative opportunity for Leo token holders or Leo token investors to earn a return on income, as high as 50% by some projections.
Wrapped Leo is in actuality an ERC token on the ethereum blockchain, which represents your Leo on applications on the Ethereum blockchain, such as Uniswap, a dApp or decentralized application exchange on ethereum blockchain.
As you can see in the below charts, the trading pair successful generated a lot of interest as below over 500,000 USD in WLEO and Ethereum were deposited.
If you are excited and eager to participate in this venture I suggest you watch the videos put out by @leofinance about the process of swapping Leo for wrapped LEO, in the new Leofinance wallet so it's easier for you to participate in this investment. The videos are literal walk throughs of the process for swapping Leo for wrapped Leo, connecting your Hive wallet to Uniswap, connecting your etherium wallet to Uniswap and how to find, open and add Liquidity to the WLEO-ETH pool.
The importance of this project
This operation takes Leo outside the Hive ecosystem and pegs the price of Leo to ETH in a sense and in the past this move has created rapid appreciation in the value of Leo and WLEO, making either one a very good short term investment for investors, but better yet the design of the current pool breaks the mold for typical liquidity pools, which normally generate earnings for investors purely from transaction fees. The WLEO-ETH pool rewards Liquidity Providers with a constant or permanent share of the daily reward pool. This is unique in cryptocurrency and very enticing to investors. Estimated yields for this pool are now in the 50% range.
