LeoBridge V3 is a Game Changer for the LEO Web3 Ecosystem | BSC -> Polygon Swaps
We're pushing hard to get the development of LeoBridge completed by the time PolyCUB goes live. We're in the late stages of our development of the bridge to handle BSC -> Polygon cross-chain swaps.
ICYMI: we launched LeoBridge a few months after CubFinance went live. This was an important moment for our project and Web3 Ecosystem as the very vision of what LeoFinance could be some day shifted dramatically.
The LeoBridge is going to be one of the most important aspects of the LeoFinance Ecosystem.
There are a lot of reasons for this, namely that LeoBridge drives insane levels of value to the LEO token by creating the ultimate utility for LEO that also maps directly to our core mission:
Increase the width and depth of our Web3 Ecosystem.
A successful LeoBridge means that there is continuous trading volume across the bridge and also continuous development to add new blockchains and usability to the Bridge.
Not too long ago, I wrote a post about Liquidity Black Hole Theory and how LeoBridge gaining traction would create an absolutely black hole for the LEO token. The bridge would suck in LEO forever and create deeper and deeper liquidity which will attract more LEO to be staked on various checkpoints across the bridge. This means that the Bridge will continuously suck LEO out of the circulating supply and deploy it as liquidity. As this LEO grows, the amount of potential trading volume will grow as well since slippage will dramatically decrease.
LeoFinance is building a massive Web3 Ecosystem from scratch. We started this process last year with the introduction of WLEO on Uniswap, bLEO on BSC and CubFinance on BSC. We're continuing this vision with PolyCUB and pLEO. LeoBridge and the LEO token are the base layer that connects the entire Web3 Ecosystem.
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.