Hi, everyone! We've received a lot of questions about LeoDex being an entry point for other protocols, with concerns about us depending on them. However, that is actually a great advantage, since we immediately adopt all the new developments they make.
In this clip:
- LeoDex is strong, and the protocols it has integrated are robust
- Any developments in Maya, Thorchain, and others that we integrate with, LeoDex can leverage
- We are well-positioned within SocialFi and the MultiChain future
- Being a front-end to other protocols has pros that far surpass the cons
LeoDex is very well positioned for where Web3 is heading. We are on Hive, benefiting from the growth of SocialFi, and we have also integrated Maya. Soon, Thorchain and ChainFlip will be integrated as well, positioning ourselves for the MultiChain future.
Being an access point to these different protocols gives us the advantage of immediately having access to their development. For example, Maya and Thorchain already have Synthetic Assets, which means we already have access to them; we just have to build the front-end features.
We are focused on creating features that are useful and valuable for the users, knowing these protocols are strong and we share similar visions.
Posted Using InLeo Alpha
Actually, with the passage of time, this will become the driving engine of Leo-economics. Without integration with DeFi we can not secure best performance for a coin.
These are some valuable advantages of LeoDex and I am hopeful that it will help hive community a lot. I am looking forward to see HBD getting added in LeoDex.
This will definitely bring more users to inleo.io from other cryptocurrency communities, collaborate with projects as much as possible while having hive as a base of everything
This is a nice idea @khaleelkazi. It will expand web3 platform and more users will come onboard and more future multichain.
i really love this Idea 💡