Is wLEO a gamble on Uniswap and the price will fall when Liquidity Pool incentives will stop?

over 3 years ago (Edited)

Fron the moment wLEO was launched on Uniswap and together with the Liquidity Pool incentives given to participants for a 90 day period, the price rise and continues to do so. Wheter thinking on other projects from Uniswap or particular to wLEO, a question comes to mind...

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1 comments

@eturnerx 69

over 3 years ago

I think it's expected that some liquidity will disappear when the incentives stop, but not that much. The usefulness of having a liquidity pool for LEO gives an easy on-off ramp for the leofinance community, so once ETH gas fees come down, I'd expect the liquidity pools to be used more.
There are other things that probably affect the price of LEO more: the ad funded buy-and-burn does add quite a bit of positive buy pressure.

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