Hive's Biggest Motto is Decentralization: Its Trading Volume Belongs on DEXs

in LeoFinance7 months ago

https://youtu.beTIFsww25ZTg

Hi, everyone! With LeoDex operational, we are achieving the goal of having Hive and Leo in a cross-chain DEX, connecting our community with the outside world. Maya shares the values Hive was born from, so we are excited to collaborate with them.

In this clip:

  • Thor and Maya are a positive and cohesive community within the cross-chain DEX space
  • Our mission and vision include getting Hive and Leo on DEXs
  • The trading volume of Hive belongs on DEXs
  • You can now participate in pooling on the LEO/CACAO pool

Maya is a friendly fork from Thor; they are not competitors but complementary projects. The community is very supportive of both, fostering a positive and cohesive environment within the cross-chain DEX space.

Our mission and vision involve getting Hive and Leo listed on DEXs and shifting the trading volume from CEXs, which have too much power on the crypto market. ThorChain and Maya are excellent options for this transition, aligning with our values and principles.

Currently, you can use LeoDex for swapping from Hive to other tokens. We encourage you to test this route and provide us with any feedback. Additionally, you can also add liquidity to the LEO/CACAO pool.

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I'm excited for what's happening on Hive, rather than concentrating on features or new dapps there is going on development to facilitate easy access in and out of Hive, decentralize access, I'm always scared when withdrawing from Binance, will they stop my withdraw, not that I'm doing anything wrong but sht happens 😅

I tested it:
Here is a comparison between StealthEx and Leodex, if I swap 10K Hive to BTC. The difference is enormous, @khaleelkazi! Any comment?
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  1. Stealthex is completely centralized. This is a 100% different thing than LeoDex which uses decentralized, L1 rails
  2. LeoDex is less than 1 week old. If needs time to scale for large swaps like 10k hive
  3. If you quoted 1,000 hive, would be much different
  4. BTC is an expensive one to quote, you could swap to RUNE or CACAO or USDC or …. Asset and get a better quote

Decentralized > Centralized

Now it’s time for us to scale up

But if you’d rather stick to your centralized solution, go ahead. Some people won’t make the switch to the better alternative.

Hello khaleelkazi!

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