... it's about all the things that are coming next!
As the gas fees on Ethereum are now higher than ever and LeoFinance team is going to delay the launch I really feel that the liquidity pool for wLEO on Uniswap will not be used very much, but this actually doesn't matter at all.
wLEO is just a beginning!
Even though Ethereum is slow and the gas fees are expensive it's also a very popular cryptocurrency. I am not exactly sure why LeoFinance team choosed Ethereum blockchain for their first big expansion, but really anything is better than just keeping the token on Hive-Engine forever.
Doing an expansion to Ethereum opens many doors - for example having wLEO on Uniswap will allow the team to list LEO token to Coingecko. It's a comprehensive website that tracks prices of cryptocurrencies and a lot more. There are many websites like Coingecko, but Coingecko is one of the most attractive in my opinion.
LEO token on Uniswap and Coingecko is a good start how to show the LeoFinance project and its token to more people. This expansion is hopefully not the only one because there are a lot of blockchains where LEO token could exist - a lot of them are faster than Ethereum and some are even feeless.
I think HIVE will have liquidity pools sooner or later too. @Aggroed made some post about them and we will maybe soon see them on Hive-Engine. This would not only help LEO, but all Hive-Engine tokens in general.
What I don't understand is why people started thinking about liquidity pools just now? Why not a few years ago? What changed? Was Ethereum just not mature enough? Aren't these liquidity pools actually making exchanges completely obsolete?
What do you think?
Posted Using LeoFinance