Reasons to Have LeoDex as Your Go-To Decentralized Exchange
Hi Everyone! We have employed various strategies to expand the LEO token ecosystem and enhance its value capture. Among these strategies, one of the most significant is LeoDex, a decentralized exchange for Hive and Maya protocol (soon to include Chainflip and Thorchain). LeoDex not only provides swapping opportunities but also offers users diverse methods to maximize their earnings.
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- Using LeoDex contributes to the health of the ecosystem
- Before executing a trade elsewhere, quote on LeoDex; you could be getting a better price
- LeoDex is fully decentralized, allowing coins to move more directly between your wallets
- Swaps on LeoDex are faster than those on a CEX
- LeoDex has a built-in arbitrage mechanism that can work in your favor
The beauty of the LEO ecosystem lies in its interconnectedness, each element contributing to its growth. With LeoDex, your trades not only empower you but also foster the health and vitality of the entire ecosystem.
Before executing swaps elsewhere, always turn to LeoDex. You could discover a better deal on LeoDex at least 20% of the time. Plus, it’s a fully decentralized platform, ensuring your coins are always in your wallets.
Time is also crucial. We've been diligently working on a fast and seamless UI. Not only that, but you can start swapping by simply setting up your wallets, selecting the coins, and clicking, no need to transfer funds or engage in external transactions.
Currently, LeoDex presents an arbitrage opportunity. The liquidity pool requires more investors and users to keep fees down, which could work to your advantage. Depending on which pool needs rebalancing, you could score a fantastic deal on your swaps in or out of Hive.
But this is just the beginning for LeoDex. We're tirelessly working every day to enhance and expand it. Check it out at leodex.io and witness the future of decentralized trading firsthand!
Posted Using InLeo Alpha
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Let me check it today I was used it in the past but then I started using ecency and hive Keychain swap features
I look forward to comparing the leodex swap prices with ecency.
Swap prices may fluctuate on both sides it is about the Liquidity pools' state at that time.
What about technology? 😉
One is cross - chain, though ^^
Try to swap from Arbitrum to Hive on chain, you will enjoy it 😉
What will be a fee when we swap from Arbitrum to hive
Once when the market is volatile, I did not pay any fees. However, normally, it depends on the LPs.
For 0.003 ETH now:
Now I understand why @khaleelkazi brother mentioned leodex.io again and again it's totally game changing especially cross chain swapping
Each Hive transaction increases the volume on Hive LPs while providing non KYC trading opportunities. This is one of the best sides of LeoDex as it does not carry the transactions to another chain, rather, it makes the DeFi side of Hive a stakeholder of the process 🔥
It looks great in Beta version. I would explore more in the future.
The other big coins if leveraged in Hive for Hive earnings can add more exploration of our ecosystem?
Understandably, would have negative impact but if we can leverage with Hive-HBD can we build that earning? Staking Rune giving me Hive, and Vice-versa inside our own chain?
How does the economics would looklike ?
Keep up the good work
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