Hi Everyone! Have you tried LeoDex recently? Many improvements have been made, and there are more incentives to increase trading volume. Let's discuss our new dynamic initiative.
In this clip:
- Each transaction generates fees twice, which are later deposited back into the pools
- Our collective mission is to reach $500 in earned fees to deploy to the pools
- A dynamic island will visually track progress toward this target
- Tutorials on how to use LeoDex are available under "Docs" on the landing page
LeoDex is a key component of the $LEO economy, as the revenue generated feeds back into the token through deployment into the LEO/CACAO pool. Each transaction generates two fees collected by the platform. The more transactions there are, the more LEO and CACAO are bought and pooled, making future swaps cheaper.
We can all contribute to this initiative. A dynamic island on the UI visually represents our progress toward the $500 monthly goal, which will increase over time.
Whether you own LEO or Hive, this benefits you by contributing to decentralization and shifting trading activities from CEXs to DEXs, while finding better deals in many occasions.
To learn how to use LeoDex, visit the "Docs" section at the top of the page for information and tutorials.
Posted Using InLeo Alpha
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The pace at which LeoDex is evolving is really impressive. Gamification on LeoDex would be very interesting and we're sure the numbers would have gone 5x from today's stats by the time LeoDex is a year old.