RE: My Curating Experience in Leo Finance
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A LEO awakens! How was your nap? Glad to see you're back to take up the hunt. Noticed that new vote on my post yesterday and it's good to have a chance to say hello. And thank you. 🦁
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Hello to you and you are welcome! :) As well written and documented as your post was a lot of it was beyond my comprehension for now. I think I am entering the "I know what I don't know" phase right now and posts like yours drive me to learn a little more. :)
Thank you for stopping by!
Posted Using LeoFinance Beta
As you read more about wLEO v2, it'll all make sense. DeFi has seen the rise of all these different AMM's. Uniswap is probably the most popular one. We can now pair tokens and enter them into Liquidity Pools. The pools can be risky, as LeoFinance found out. But they can also pay 100-130% APR. That's not including extra incentives newer tokens might offer.
Hope that helps a bit. Balancer is another AMM with a different twist. Pairs don't have to be 50/50 on Balancer and you can have more than 2 assets in the liquidity pool.
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I almost took the plunge right before that all happened. I was going to add to a pool @jk6276 was running for the @spinvest group. Not sure if he is going to do that for v2 though. I may have to go it on my own because those type of APR's are too good not to at least give it a try. :)
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Seriously. wLEO is new and improved. They've locked down the security this time. I'll be ready with some LEO & ETH. 👍
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