$$ DAILY USDC Rewards are LIVE! Get Paid Every 24 Hours (No Lockup)$$

STOP MISSING OUT: How to Claim Your DAILY USDC Payout (Backed by 100% DEX Fees).

sLEO: The Protocol-Owned Liquidity (POL) Reward Engine

The sLEO staking mechanism is the core of LeoDex's DeFi strategy, designed to reward long-term LEO holders directly with platform revenue and secure the platform’s future liquidity.

What is sLEO?

Definition: sLEO simply stands for Staked LEO.

Conversion Rate: 1 sLEO always equals 1 LEO.

Staking: You get sLEO by staking your LEO on the official LeoDex

interface. While staked, your wallet holds sLEO.

Unstaking: You can unstake at any time with no unstaking period. Your wallet burns sLEO and redeems your original LEO.

Where Do USDC Rewards Come From?

The rewards are generated entirely from the commercial activity on the LeoDex platform, ensuring all revenue flows directly to holders.

Source: 100% of the Affiliate Fees charged on every swap conducted through LeoDex are paid to the sLEO contract as USDC (USD Coin).

Fee Structure: LeoDex charges 0.45% on every swap.

Protocol Partners: Fees are earned via transactions routed through its protocol partners (including THORChain, Maya Protocol, ChainFlip, Rango, Relay, and Near Intents).

Decentralized Nature: This structure is unique: 100% of affiliate fees go to stakers. There is no team designation or treasury allocation, making it a truly community-owned product.

The New Frontier: Perpetual Futures

The team believes that the upcoming launch of Perpetual Futures (Perps) trading will become the single largest source of volume and fee generation for the platform.

This product opens LeoDex to a massive new market, with some competitor Perps DEXs earning millions in daily fees, highlighting the enormous potential for sLEO reward inflows.

Calculating Expected Yield (APR)

To estimate the Annual Percentage Rate (APR) for sLEO, you must consider the total fee inflow to the contract and the total LEO staked.

Formula: APR=(
Total LEO Staked
Daily USDC Inflow×365

)×100

Example Scenario (Illustrative):

If daily USDC rewards reached $1,000 per day ($365,000 per year) and there were 15 million LEO staked (approx. 50% of supply), a holder with 10,000 LEO (valued at approximately $1,300 in the example) would earn an 18.50% APR ($240.90 per year).

Harvesting: Active stakers can harvest their earned USDC rewards every 24 hours via the LeoDex interface.

The Protocol Owned LEO (POL) Fund

The Protocol Owned LEO (POL) Fund is the project's treasury, which autonomously benefits from the sLEO contract:

Function: Affiliate fees accumulated in the past were used to accumulate LEO for this fund.

Autocompounding: The POL Fund participates in the sLEO staking contract.

Starting from the contract launch, its USDC rewards are autonomously auto-compounded back into more LEO, permanently securing liquidity for the platform and increasing rewards for all stakers over time.

🛠️ The Great Migration: Upgrade to the New Staking Contract

The community recently completed a mandatory migration from the "Old Leo Staking" contract to the New Leo Staking Contract to enhance the platform's foundation.

Why the Migration Was Necessary

Limitations of Old Contract: The original smart contract was built on early architecture, which limited its gas efficiency and prevented the development of new, sophisticated features.

Security and Scalability: The new contract was a critical upgrade for enhanced security, benefiting from fresh audits, and provided the necessary architecture to support upcoming features like enhanced governance voting and dynamic reward cycles.

How to Stake (New Process)

The staking process is now highly optimized, leveraging the Arbitrum network for efficiency:

Required Assets: You need native LEO (Arbitrum) and a small amount of ARB.ETH for network gas fees (often just pennies).

Acquisition: Native LEO can be bought on LeoDex or bridged from other forms (bLEO, pLEO, heLEO) using the integrated bridge tools. ARB.ETH can be swapped for on LeoDex.

Steps:

Connect your wallet and navigate to the Stake Tab.

Select the amount of LEO to stake.

Click Stake.

The migration process was made straightforward for existing users, requiring only a few simple clicks to unstake from the old contract, approve the tokens, and restake into the new, fortified contract.

.

✍️ About the Author & The INLEO Community

🙋‍♂️ Author: Shortsegments

This post was written by @Shortsegments, an author who has been covering cryptocurrency, blockchain technology, decentralized finance, Bitcoin, Ethereum, and digital ledgers for seven years.


🦁 Join the INLEO Community: Social Media Where Likes Become Money

INLEO is a monetized social media platform built on the Hive blockchain where your engagement is rewarded.

  • Open an Account for Free: JOIN4FREE
  • Special Referral Offer: Once you join, tag me by typing @shortsegments at the bottom of your post or thread. I will find it and reward you for joining our community!

🌐 The Hive Ecosystem

  • Learn About Hive: For a deeper understanding of the decentralized social media platform powering INLEO: Hive FAQ Page Link
  • Join Hive Directly (Free): Link

💰 Trade Smarter with LeoDex

LeoDex Decentralized Exchange simplifies cross-chain swaps by handling the complex trading across multiple blockchains for you.

  • ⚡️ LeoDex: Your Portal to Profit! ⚡️
  • Exclusive Discount: Use my secret referral code: LeoDex.io/?ref=shorty for a 10% discount on all trades!

Thank you for reading my post!

The End

Posted Using INLEO

Sort:  

thank you

I am really loving this new developments and update

This is really great news for LEO stakers. Daily USDC rewards with no lockup sounds very attractive. I also like how the rewards come directly from DEX fees.