We released an official post yesterday alongside the first ever monthly WLEO Geyser distributions. The Geyser approach to LP incentives can be a bit confusing as there are a lot of nuances to sift through and think about.
As the designer of our Geyser - in terms of everything from the economics behind it to the actual mechanics of distribution - I've spent a lot of time working on this project.
It's taken an incredible amount of energy, resources and hours to come up with this Geyser model. In the end, I think we've built the most unique Geyser distribution model in the entire DeFi space for a number of reasons.
We've built a model - which may be the first of its kind - that distributes tokens across multiple blockchains. While the DeFi space itself isn't all that large, there are several different Geyser projects being built on Ethereum.
On Hive, however, there are 0 Geyser projects.
From what we've found, there are 0 Geyser projects that utilize two different blockchains. With our model, we've combined the benefits of Ethereum (Uniswap exchange, DeFi, AMMs, etc.) with the benefits of Hive (3 second, fee-less transactions).
When you bring these to chains together, you get a unique model where micro-payouts can occur and also tie in a socialized aspect thanks to Hive. Ethereum is where the money, resources and complex protocols live while Hive is an incredible base layer to tie it all together.
LeoFinance is actively working on bridging together what Ethereum (and soon, other blockchains) has to offer with what Hive offers. These are just the beginning steps of a long-term roadmap to become a truly multi-chain social media platform.
In This Video:
- 00:05:34 Rate of Return for Being a WLEO-ETH LP (3 Factors)
- 00:06:10 Long-Term Yield for a Long-Term Project
- 00:07:24 New LeoFi App Coming Soon
- 00:09:02 Breaking Down the Gains Using One of the LPs as a Real-Time Case Study
- 00:16:39 LeoFinance is Just Scratching the Surface of DeFi
- 00:17:55 How We Built One of The Most Unique Geysers in the DeFi Space
LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
| Track Hive Data | New Interface! | About Us |
|---|---|---|
| Hivestats | LeoFinance Beta | Learn More |
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| Trade Hive Tokens | Wrapped LEO | Hive Witness |
|---|---|---|
| LeoDex | wLEO On Uniswap | Vote |
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▶️ 3Speak
One thing I am continually impressed with about the LEO team is your willingness to push hard (especially into the unknown). You are doing some incredible, groundbreaking things that benefit the LEO community specifically and the HIVE community as well.
Keep up the great work!
Posted Using LeoFinance Beta
I second this
Posted Using LeoFinance Beta
The new LooFi is gonna be great! Hats off!
Posted Using LeoFinance Beta
Is amazing to see new projects like this. Indeed, it’s a sign of grow and even better, everybody have the opportunity to help and support. I wish you the best.
Posted Using LeoFinance Beta
Sweet roadmap for 2021 soon.
Looking forward to leofi and more uses for Leo. The more the better.
I really think exchanges are where we need to get on in the new year, that is a big factor to see us grow.
Posted Using LeoFinance Beta
Really looking forward to seeing how LeoFi pans out, if there's a way to earn even more through loans/leasing out LP then that's an awesome development! Pretty sure you'll have a great UI for that as well - keep up the great work!
Posted Using LeoFinance Beta
Good it's new project looking forward to it
Nice video
Very very happy to know about New LeoFi App Coming Soon, thanks for explaining it in simple way. Great effort . Thanks again.
Posted Using LeoFinance Beta
Thanks for saving me from doing the math! Great video
Posted Using LeoFinance Beta
Appealing
Nice way to learn and earn at the same time
Crypto world is here!!!
Daily Manager
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STOPEverything is happening so fast that is quite overwhelming (in the good sense) micropayments are going to be a huge help for third world countries individuals. You don't how any idea of how much we have lost on fees just to exchange something due our situation. Just wor my man, a lot to study. Best regards!
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Congratulations @khaleelkazi! You received a personal badge!
It's great to see you are attending HiveFest⁵ in Altspace VR.
Have fun!
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Do not miss the last post from @hivebuzz:
Leo team hard working