Should we change the WLEO Geyser to pay into the LEO:CACAO Pool?
WLEO doesn't really get any usage. The LEO:CACAO pool already has more volume along with the potential to lead to more Hive-Aggregated Swaps on LeoDex, which has already generated $500 in buy pressure for the $LEO token and can scale up if more liquidity moves from WLEO-ETH to LEO:CACAO
Vote #polls!
While I voted LEO:CACAO I also have no stake in it at the moment so not sure my vote matters much on this one lol However, would it not make more sense to put it into a Cacao pairing of LEO:ETH ? or something like that instead of just LEO:CACAO ? I might be stuck in old DeFi days and missing the mark.
The only pairings on Maya are with the base CACAO asset (same as Thorchain)
There is no LEO:ETH on Maya, only LEO:CACAO. The network of Maya connects all the pools together from that pool
So more LEO:CACAO effectively means more LEO:ETH liquidity when you do a LEO <-> ETH Swap
I voted yes. Let’s move it!
How does the buy backs work? Is it auto?
Ps
I love that the poll shows avatars of people that voted
Yes, every time LeoDex's affiliate address reaches $500, it buys $LEO, pairs it with $CACAO and then permanently adds it to the liquidity pool
🦁
awesome
It would be a great opportunity and a very interesting proposal, since in some way it would be possible to earn more and obtain great benefits.
It would definitely encourage liquidity to move to where it is more valuable (LEO:CACAO)
Exactly, allowing more volume in the market or where it can be viewed.
whatever is the best for the stability of the token LOL Cause I dont understand LOL
Lol well stability is a relative term
What we're looking for is where we can deploy rewards in order to have the greatest potential impact on the $LEO token economy's value capture
On WLEO-ETH, the value capture is limited to just WLEO wrap/Unwraps
On LEO:CACAO, the value capture is:
After 10 years or even longer, i dont remember, LOL, creating in decentralized platforms you would say I should know a little bit more and that I understood everything you said. But I am here like: