LEO Weekly Recap | LEO is Outperforming all Other Cryptos

in LeoFinance14 hours ago

The tokenization of all assets is upon us and LeoDex, LeoStrategy and most importantly; the LEO Token are at the center of this convergence.

This convergence will bring massive swaths of capital onto the blockchain. The financialization of everything and the tokenization of all assets will drive more users and capital to the blockchain platforms that solve these problems and serve as a launchpad than has ever been seen in this industry before.

With LeoDex, we aim to build the best DEX interface for onchain trading and finance.

With LeoStrategy, the community-operated project seeks to be a launchpad for tokenized assets. Using LEO on the balance sheet as pristine collateral backing all of the assets. Then being a profitable economy within itself: launching assets, market making those assets and generating profits for the fund. Purchasing more LEO which continuously over-collateralizes their balance sheet.

In this weekly recap, we give you all the happenings in the LeoVerse over the past 7 days:

📈 SURGE token now tradable on LeoDex
🎤 LEO AMA recap
🙊 Rafiki AI copilot will debut soon
🏦 Perps UI Updates
📲 LeoDex Mobile Wallet with Multi-Sig coming soon
🦁LEO token performing incredibly well during this market crash

SURGE token now tradable on LeoDex

SURGE is a tokenized convertible yield instrument. Holders earn weekly USDC yield (15% APR). SURGE is a cross-chain instrument and can be held/traded on Base or HE

This token is owned and operated by LeoStrategy which is a LEO DAT (Digital Asset Treasury) that is tokenizing financial products on the blockchain and backing them with $LEO as collateral

SURGE is the first in a long line of products that LeoStrategy will debut. LeoDex plans to support all of the products that are rolled out by LeoStrategy as they are built using the LEO Token. All profits earned by LeoStrategy purchase additional LEO. This grows their balance sheet and further overcollateralized LeoStrategy products

Key features of SURGE:

  1. 15% APR
  2. $1 floor price
  3. Convertible to LSTR shares (LeoStrategy's token) at a 50:1 ratio
  4. Natively on Base
  5. Wrapped version on Hive
  6. Bridge & Market Makers operated by LeoStrategy
  7. Profits purchase additional LEO for the treasury which are perma-staked on their balance sheet

Learn More about SURGE on LeoDex.

LEO AMA Recap

LEO AMA Discusses the SURGE launch on LeoDex and the future of the LEO Token Economy

LEO's mission is to democratize financial knowledge and access. Knowledge of Finance is democratized on our INLEO Social Media app

Access comes with LeoDex and LeoStrategy which is tokenizing finance onchain

Listen to this week's AMA to catch up on all things LEO.

Rafiki AI Copilot will Debut Soon

Rafiki set to deploy soon.

Rafiki is an AI that the LEO Team has been building for quite some time now. Rafiki is an agent that will act as a copilot on INLEO as well as do support for the entire LEO Ecosystem.

When Rafiki is live, users of LeoDex and INLEO will have instant access to a hyper-intelligent, real-time support agent and copilot.

Perps UI Updates

The LeoDex team has been hard at work to refine the Perps (Perpetual Futures) UI.

The main thing to get right has been the charting API. Our team built a new API for chart data entirely from scratch. This API has become an essential part of perps.

Next for Perps will be integrating more protocols and perp platforms so that we can scale usage and bring more traders onchain.

After the recent liquidation event in crypto on CEXes, the need to move trading (especially leverage trading) onchain has never been higher.

LeoDex's mission is to democratize finance and this means putting the power back in the hands of users and away from CEXes.

Try out our perps platform as we continue to improve it -> https://leodex.io/trade/perps/BTC_USDC

LeoDex Mobile Wallet with Multi-Sig Coming Soon

Our mobile team is working hard to deliver the mobile wallet app that we've developed for LeoDex. The mobile wallet will have unique multi-sig features and will also have various trader-centric use cases.

If you've ever wanted a clean, intuitive and powerful experience for trading crypto onchain on your mobile device, LeoDex will deliver the best DEX experience right in the palm of your hands.

Coming SOON!

LEO Token Performing Incredibly Well During this Market Crash

LEO is the heart of the LEO Economy and it has performed incredibly well during this crypto dip. LEO has only dipped from $0.15 to $0.13 while most alts have dropped over 50% in value.

Key features of LEO:

  1. 30M Max Supply (fully circulating to users via fair launch)
  2. Deflationary from Cross-Chain Bridging Revenue
  3. 100% of LeoDex affiliate fees pay to sLEO users (staked LEO) on http://leodex.io/leo
  4. POL on LeoDex earns a fair share of affiliate fees (based on its stake) and autocompounds. Acting as a permanent buyer soaking supply

Posted Using INLEO

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