Roundtable #20: Speculating on LEO, Fighting Over Thin Sell Orders and More Discussion About wLEO

in LeoFinance4 years ago

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Another day, another LeoFinance Roundtable about Wrapped LEO (wLEO). The community is gearing up as we approach this week’s launch and the questions keep flowing in.

There are a lot of questions about LEO, our new interface, Wrapped LEO, Uniswap, Ethereum, etc. In these roundtables, we’ve been collecting these questions and exploring them and others live on the show. These have been a big help for a lot of people - especially those who don’t have much experience with crypto outside of the Hive blockchain.

The nuances of Ethereum bring a lot of opportunities for LeoFinance and the LEO token but they also bring a lot of questions. Hopefully these roundtables have helped you as we approach the launch. We’re also clipping the nuggets of content out of each roundtable and posting them on Hive/in the new wLEO repository on LeoPedia.

In This Episode:

  • 0:00 New Landing Page + LeoFinance Beta Interface Updates
  • 8:10 Wrapped LEO Behind the Scenes — How Do the Mechanics and WLEO Interface Work?
  • 18:40 Do Liquidity Provider’s Effect the Price of the Underlying Token?
  • 20:50 Is There Any Risk to Being a Liquidity Provider?
  • 22:40 Is wLEO’s Price Based on Hive-Engine?
  • 26:20 Investing in LEO Now is Like Being an Angel Investor
  • 32:00 The Token Flow Impacts of Listing LEO On Multiple Exchanges
  • 38:30 Hive, Market Caps and Being a Utility Token
  • 41:00 Do You Have Enough LEO?
  • 44:45 A New Age of Crypto: Wrapped Bitcoin (wBTC) Gains Wider Adoption
  • 46:28 “You’ll Never Get Another Chance to Buy LEO Under $0.10” - @rollandthomas
  • 51:54 LeoFinance User Growth and How The Price is Making Curating/Authoring Content More Important Than Ever
  • 1:01:05 wHIVE Pool - An Example of How Even a Low Volume Token Yields APR For Liquidity Providers
  • 1:05:55 The Viral Factor of Uniswap Liquidity Pools
  • 1:07:29 EOS DeFi and Alternatives to Ethereum
  • 1:12:50 LEO’s Tight Liquidity is a Limiting Factor for Uniswap Pooling, but the Driving Factor of Rapid Price Appreciation
  • 1:15:56 An Exercise In Imagination: Is a 30x Price Increase an Unreasonable Expectation?
  • 1:20:00 Listing LEO on Coingecko - Could it Pass Hive’s Market Cap?
  • 1:34:00 Neal Buys More LEO
  • 1:36:00 Don’t Underestimate the Value of User Growth
  • 1:47:35 Price Dynamics Between Uniswap and Hive-Engine
  • 1:57:00 Neal & Mitch’s Tokenized Real Estate Fund
  • 2:11:00 wLEO Launch Party?

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We all start going blind 😕
Congrats for the super cool new beta.leofinance
I am listening the recording , you ve done a lot of work

Haha yeah we do. The new dark themes are going to be continually rolled out, so Rolland will be a happy camper soon! 🦁

Posted Using LeoFinance Beta

Great transparency and information for the LEO community, just glad to be here in these thrilling times. wLEO to the moon and for it to stay there is what we all want, so good luck with the launch!

Posted Using LeoFinance

30:00 - 34:30

People need to listen to how this whole thing work. And maybe reconsider about dumping their coins or if it would to their best interest to stack more....now.

Where do you trade wLeo? Is it on HiveEngine? Is HiveEngine the only place?

wLEO is a "wrapper" for LEO. LEO will "locked" on the Hive blockchain, and an equal amount of tokens created on Ethereum. Then it can be reversed, Ethereum wLEO tokens destroyed and the normal LEO unlocked.

So its just LEO, but a way to use it on a different blockchain. And the initial thing they are trying to do is get enough people to provide liquidity so LEO (in its wLEO form) can be traded on uniswap.

Posted Using LeoFinance

Cool. I see the difference now.

2H ... geez :)

Posted Using LeoFinance Beta

It's going to be fun to see what happens on Tuesday, I feel as if LEO does major big boy moves it could be an inspiration for other HIVE tokens to get their act together lol and sort out their tokenomics. It's a weird thing trying to balance price of a token as an incentive, and also balancing that unit bias.

I'm also keen to see how the rewards change now that whales are powering down and creators will now need to provide liquidity especially if this all goes well there's going to be a constant buy pressure.

It will make for a great case study seeing all leo sinks slowly eating at the liquidity too

Posted Using LeoFinance Beta

I enjoyed watching the show with my Sunday morning coffee! Then I took a bunch of tokens off the market after that!

Posted Using LeoFinance

Hi -

Dyou think it's worth putting in a small amount like 4K WLEO to the liquidity pool given the gas fees?

If you deign to answer don't worry I know it won't be financial advice!

And will you be doing an instructional video of how to add to the Liquidity pool for WLEO - like you did for WHive, that was most useful, given that this is all so new.

Posted Using LeoFinance