A 1UP LeoFinance pairing is an interesting concept. For the liquidity pool having two tokens like that, will one help to stabilize the other?
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A 1UP LeoFinance pairing is an interesting concept. For the liquidity pool having two tokens like that, will one help to stabilize the other?
Well, with more liquidity in this pool, price swings from people dumping are less likely. But when LEO goes down, it would pull ONEUP with it. We have seen that with ONEUP:SPT now: SPS went down, pulling down SPT via the shared pool, pulling down ONEUP via our shared pool. It is not a huge influence, but it exists. Works in the other direction as well. ;-)
That is fascinating. Amazing to see how the different tokens influence each other 😀