First WLEO LP Yield Payout - 121.70% APR and Approaching $400k in Total Liquidity
Liquidity Providers (LPs) are paid an additional incentive every 2 or 4 weeks (depending on whether their ETH address is eligible for HiveLink or not). Yesterday marked the first 14 days since the LP incentives program was launched.
This means that any Ethereum address that is providing liquidity to the Uniswap pool who has also linked their Hive account (by wrapping any amount of LEO before providing liquidity), will receive the bounty reward payout bi-weekly to their Hive address.
Yesterday (10/8/20) was actually the first day that the additional LP rewards were scheduled to be sent. Due to some Hive-related issues (that I'm sure you're aware of), we delayed the airdrop until today. The first round of LP bounties just went out a few minutes before this post.
The pool is so close to $400k! We've also got a few major announcements on the marketing/onboarding front next week as phase 1 of LeoFinance V2 is launched. It's been a busy few weeks at LEO HQ 🦁
Before jumping into the overall chart for LP payouts, here are a few commonly asked questions I've been seeing around LeoFinance and thought would be helpful for a number of users if we answer them here:
Frequently Asked Questions:
Is it Too Late to Provide WLEO - ETH Liquidity to the Pool and Earn LP Incentives?
No! You can provide liquidity any time and start accumulating the LP bounty incentive. The program automatically snapshots your daily standing in the LP pool every 24 hours. This means that you can change your liquidity, add or remove at any time during the next ~75 days and earn LP rewards for the amount of time you were in the pool.
There have already been a few users who have added some liquidity, removed some and/or added more liquidity back into the pool. They will notice that their rewards reflect those daily fluctuations in their LP balance.
How Do I Provide Liquidity to the Pool?
There are a number of guides out there. I always refer these general questions to https://leopedia.io/wleo (explore WLEO page). We also did a video covering the LP process on the LeoFinance channel.
What is LeoFinance?
A funny question to some of us, but there are a lot of new people entering the community. Some of them are from Hive and some are from outside of Hive. These users have no clue what LeoFinance is or how any aspect of this project works. In short, we are a second-layer community project built on the Hive blockchain with our own token and author/curator rewards pool (LEO). Learn more on our Landing Page.
What Can I Do with LEO / WLEO?
LEO is used as a rewards pool token (similar to HIVE) on the LeoFinance Platform. You can stake LEO and upvote content on the platform to earn daily rewards. The rough average for curation rewards (Staking APR) is about 20-30% APR.
In an upcoming upgrade to the LeoFinance blogging app, we're adding WLEO features to the interface. In the future, both LEO and WLEO will have additional use cases which will also be accessible from this UI:
LP Incentives Payout #1
This first payout for Liquidity Pool Providers covers the period of 9/24/20 - 10/8/20 (the first 14 days of the 90 day bounty pool).
The first column shows the ETH address that is participating in the pool. The second column indicates whether this address has been "HiveLinked" (linked to a Hive address) - note: all of these addresses have been linked as they are all participants in the first 2 week bounty payout. Non-linked addresses will receive their first payout after 4 weeks (2 weeks from yesterday).
Address | HiveLink | Payout #1 |
---|---|---|
0x0048144d60c414c8c972784471646f0f0f3d5e2d | TRUE | 379.158 |
0x0f2fe662e8a0773220dbc0d5c90c8784ce1e0df3 | TRUE | 141.376 |
0x1d32a9752a0feb3510dabb30b03499bcfcd8ecc6 | TRUE | 390.440 |
0x1da04944e47360ac0c98b62a3c6ad03fe2da9af7 | TRUE | 129.383 |
0x1f979d06b999d058a6a950452260beacf2f9d903 | TRUE | 172.318 |
0x20fcda706363bda8d54f5f2a5608ef1a3b4855bc | TRUE | 1.693 |
0x23416ddb5f9f6143b6aa8b8e1d4c04a40977bc97 | TRUE | 89.232 |
0x246d8680c96e8db43e5de88b61f414cb2c6d4a11 | TRUE | 1025.597 |
0x28bbedfd973599e2dcc368e63a613d4fb0d9a410 | TRUE | 1215.199 |
0x29452b57f77ec0c6901a306056f20312bfb29817 | TRUE | 146.963 |
0x2a4cdc9bbd937023a95e50185c0c027647f5a7b5 | TRUE | 358.190 |
0x3af35485ead59d821fa9aba426057845d88ce683 | TRUE | 437.266 |
0x3b5c82706185a9e6e4faaa4eae99a10fd457898b | TRUE | 112.387 |
0x44d7079027e087fc727a1cd45c2c3a9f3f774591 | TRUE | 74.800 |
0x479aa441683f3a914eebd76491e33f289135a501 | TRUE | 1608.918 |
0x4f0cf8df1caa7efaa7fc64c2acf30d306fe50b93 | TRUE | 250.166 |
0x56a436ffbe78ae442b9079e23babe90e1f4c7d36 | TRUE | 58.867 |
0x5b95887757f9f6b12ebbc18a8f99deff1a2757b7 | TRUE | 1825.579 |
0x65f6d626f575571d193ab303ef0ec4c0dffcb2df | TRUE | 667.806 |
0x6ab999844cac555093c2357c04f8c8010722ef6d | TRUE | 645.137 |
0x7015d4f5f0deac0023dfe7f384dcbd878ecb223b | TRUE | 13608.258 |
0x72a13b318163c7cc0ba7f588caefe43860371d89 | TRUE | 847.323 |
0x734743f2753c520477dee0acf08614960d4a962e | TRUE | 1178.695 |
0x7c45a434b62af9f279ae698b91c32cdb5c408085 | TRUE | 206.016 |
0x7fcfdebe582fccdd931fd5ed68730fa13b7c75e3 | TRUE | 54.096 |
0x833bac36c261ea0778a13e9aa11c3b4154b9b3b6 | TRUE | 5093.039 |
0x8e5f1521a96347008022735c48662b9b89a379c0 | TRUE | 55.048 |
0x8ef7bd6fbb0a6ef6143eae60a5a0f63a52a22ac2 | TRUE | 363.587 |
0x9640a35e5345cb0639c4dd0593567f9334ffeb8a | TRUE | 144.085 |
0x9744df35394b77860337d4b17a844b87ef341e83 | TRUE | 1784.238 |
0x9f22bd311999ec59a381836b983a12e5437e36e2 | TRUE | 1754.306 |
0xa614afec999f93928f656ccc0ed3cea0b8410c59 | TRUE | 533.590 |
0xadfb3e47600d4009e353fa812a751ce225c0d498 | TRUE | 449.696 |
0xae9083b40cb144e7f07de92b7255dfbe820326dc | TRUE | 146.615 |
0xb06a534c4f4c9ca687dbba9b38e552d016834585 | TRUE | 2832.073 |
0xb1d85f987bfaafa444111f016651fe45836b7465 | TRUE | 586.682 |
0xb5300f04ba3082f73fd8b38925e240516429fdaf | TRUE | 500.047 |
0xb95cd43225201f2f848c431e00d478a3698d3e25 | TRUE | 2349.774 |
0xbaf375633ed4a31fe13c5469c1cda341b517a0db | TRUE | 356.914 |
0xcde62ef95c01248dceb725d2994787277778f5c5 | TRUE | 45.216 |
0xd13df2385545795ee65a11921c0c10bb2eb2ad3e | TRUE | 55.729 |
0xd8e847f8569c326698113e88a2cb40524269b254 | TRUE | 398.215 |
0xdfb13bd4558fbac8cbb8b617bcc07ad58849f286 | TRUE | 263.765 |
0xe0b8c5e49d384ca396e8471feb57a7d72e9f80c4 | TRUE | 29.144 |
0xe2b7da9d93e09af93e52f19fda221fe601954aa6 | TRUE | 18.794 |
0xe2ef72b56cdc46e4faf16f564a2df10d803b1c63 | TRUE | 162.036 |
0xfc8c104cce85f7f2f62f2bf281fac13d055a98cc | TRUE | 371.815 |
0x3d49a0f8b78d474d609ae3c8d6ca9c641b710bc2 | TRUE | 1754.947 |
0x4e6fcff40ceb7c10db9a786d17221ad24c075645 | TRUE | 1.428 |
0xb7f7db91fd08ad2d4fa3a8c3c2961438da93899a | TRUE | 38.782 |
0xdb19c47e87ed3ff37425a99b9dee1f4920f755b9 | TRUE | 28.762 |
0xfe922bd1cfb6f2317ac533365fae9ccb9b95f254 | TRUE | 9.826 |
0x22ed814cea01123cab46bd95252aa1f208c8d64c | TRUE | 133.430 |
0xdf68ab0fb3195bae432fa380913009a98c64090f | TRUE | 14.735 |
0xc127bbefcf5df84b8d0cc79a617e4bc6c7a8188b | TRUE | 685.705 |
0xbc76b5e2e535775794fb794c2a9c032b0458aedf | TRUE | 9.623 |
121.70% APR Yield
In this chart, we tracked each of the above ETH addresses that has contributed to the pool. Based on their last payout (for the previous 14 days), they're earning a 121.70% APR yield.
Note: the yield fluctuates when an LP changes their balance (either adding to or removing from their total WLEO-ETH liquidity) because it throws off the total value of their pool against the yield they've earned over the 14 day period. i.e. if a user adds more to the pool 8 days into the 14 day period, we've only tracked their heightened rewards for 6 days so the payout APR shows a lower %.
With that in mind, if you look at the addresses who added liquidity 14 days ago and did nothing, they earned a 121.70% yield on their LP investment. This also doesn't include the normal fees that they earn by being an LP on Uniswap. The current yield on trading fees for WLEO-ETH is about 8-12% annualized.
Address | LP Value (USD) | APR (%) |
---|---|---|
0x0048144d60c414c8c972784471646f0f0f3d5e2d | $3,242.46 | 76.22% |
0x0f2fe662e8a0773220dbc0d5c90c8784ce1e0df3 | $757.15 | 121.70% |
0x1d32a9752a0feb3510dabb30b03499bcfcd8ecc6 | $2,091.04 | 121.70% |
0x1da04944e47360ac0c98b62a3c6ad03fe2da9af7 | $933.89 | 90.30% |
0x1f979d06b999d058a6a950452260beacf2f9d903 | $922.87 | 121.70% |
0x20fcda706363bda8d54f5f2a5608ef1a3b4855bc | $17.00 | 64.94% |
0x23416ddb5f9f6143b6aa8b8e1d4c04a40977bc97 | $697.49 | 83.38% |
0x246d8680c96e8db43e5de88b61f414cb2c6d4a11 | $8,923.93 | 74.91% |
0x28bbedfd973599e2dcc368e63a613d4fb0d9a410 | $6,931.37 | 114.27% |
0x29452b57f77ec0c6901a306056f20312bfb29817 | $896.04 | 106.90% |
0x2a4cdc9bbd937023a95e50185c0c027647f5a7b5 | $2,415.51 | 96.65% |
0x3af35485ead59d821fa9aba426057845d88ce683 | $2,666.03 | 106.90% |
0x3b5c82706185a9e6e4faaa4eae99a10fd457898b | $1,183.02 | 61.92% |
0x44d7079027e087fc727a1cd45c2c3a9f3f774591 | $400.60 | 121.70% |
0x479aa441683f3a914eebd76491e33f289135a501 | $8,616.73 | 121.70% |
0x4f0cf8df1caa7efaa7fc64c2acf30d306fe50b93 | $2,205.63 | 73.93% |
0x56a436ffbe78ae442b9079e23babe90e1f4c7d36 | $315.27 | 121.70% |
0x5b95887757f9f6b12ebbc18a8f99deff1a2757b7 | $9,777.09 | 121.70% |
0x65f6d626f575571d193ab303ef0ec4c0dffcb2df | $3,576.51 | 121.70% |
0x6ab999844cac555093c2357c04f8c8010722ef6d | $3,884.95 | 108.24% |
0x7015d4f5f0deac0023dfe7f384dcbd878ecb223b | $105,039.78 | 84.44% |
0x72a13b318163c7cc0ba7f588caefe43860371d89 | $5,461.46 | 101.12% |
0x734743f2753c520477dee0acf08614960d4a962e | $8,607.10 | 89.26% |
0x7c45a434b62af9f279ae698b91c32cdb5c408085 | $1,103.34 | 121.70% |
0x7fcfdebe582fccdd931fd5ed68730fa13b7c75e3 | $289.72 | 121.70% |
0x833bac36c261ea0778a13e9aa11c3b4154b9b3b6 | $36,765.14 | 90.29% |
0x8e5f1521a96347008022735c48662b9b89a379c0 | $294.82 | 121.70% |
0x8ef7bd6fbb0a6ef6143eae60a5a0f63a52a22ac2 | $1,947.23 | 121.70% |
0x9640a35e5345cb0639c4dd0593567f9334ffeb8a | $2,492.22 | 37.68% |
0x9744df35394b77860337d4b17a844b87ef341e83 | $9,555.68 | 121.70% |
0x9f22bd311999ec59a381836b983a12e5437e36e2 | $9,395.37 | 121.70% |
0xa614afec999f93928f656ccc0ed3cea0b8410c59 | $2,857.70 | 121.70% |
0xadfb3e47600d4009e353fa812a751ce225c0d498 | $3,002.79 | 97.61% |
0xae9083b40cb144e7f07de92b7255dfbe820326dc | $785.21 | 121.70% |
0xb06a534c4f4c9ca687dbba9b38e552d016834585 | $16,711.33 | 110.46% |
0xb1d85f987bfaafa444111f016651fe45836b7465 | $2,954.41 | 129.43% |
0xb5300f04ba3082f73fd8b38925e240516429fdaf | $2,678.06 | 121.70% |
0xb95cd43225201f2f848c431e00d478a3698d3e25 | $12,584.47 | 121.70% |
0xbaf375633ed4a31fe13c5469c1cda341b517a0db | $2,580.16 | 90.16% |
0xcde62ef95c01248dceb725d2994787277778f5c5 | $295.92 | 99.59% |
0xd13df2385545795ee65a11921c0c10bb2eb2ad3e | $389.34 | 93.30% |
0xd8e847f8569c326698113e88a2cb40524269b254 | $2,132.69 | 121.70% |
0xdfb13bd4558fbac8cbb8b617bcc07ad58849f286 | $2,144.08 | 80.18% |
0xe0b8c5e49d384ca396e8471feb57a7d72e9f80c4 | $156.08 | 121.70% |
0xe2b7da9d93e09af93e52f19fda221fe601954aa6 | $131.30 | 93.30% |
0xe2ef72b56cdc46e4faf16f564a2df10d803b1c63 | $867.80 | 121.70% |
0xfc8c104cce85f7f2f62f2bf281fac13d055a98cc | $2,336.39 | 103.73% |
0x3d49a0f8b78d474d609ae3c8d6ca9c641b710bc2 | n/a | n/a |
0x4e6fcff40ceb7c10db9a786d17221ad24c075645 | $18.68 | 49.84% |
0xb7f7db91fd08ad2d4fa3a8c3c2961438da93899a | $507.15 | 49.84% |
0xdb19c47e87ed3ff37425a99b9dee1f4920f755b9 | $376.12 | 49.84% |
0xfe922bd1cfb6f2317ac533365fae9ccb9b95f254 | $152.24 | 42.07% |
0x22ed814cea01123cab46bd95252aa1f208c8d64c | $2,483.16 | 35.02% |
0xdf68ab0fb3195bae432fa380913009a98c64090f | $346.68 | 27.70% |
0xc127bbefcf5df84b8d0cc79a617e4bc6c7a8188b | $21,929.98 | 20.38% |
0xbc76b5e2e535775794fb794c2a9c032b0458aedf | $926.95 | 6.77% |
Total Pool Value On the Rise
As mentioned previously, the Uniswap pool has been continually climbing in value. It's about to cross the $400,000 USD mark (and with these additional payouts, I assume that it will cross that mark and then some within the next 24 hours).
As we approach $500,000 USD in the LP, it's amazing to think back on the original goal to simply get $100,000 USD in the pool. $100k - $200k puts you in a certain tier of Uniswap pools.
This means you're out of the "probably a shitcoin" territory and have entered the "might not be a shitcoin" territory. This honorable status grants you a lot of attention as people research your project via Coingecko, CoinMarketCap and other listing sites to figure out whether or not your project should be booted to the former status or whether you can move on to the next stage: "not a shitcoin".
$400,000 USD in the pool puts us in a respectable tier of projects listed on Uniswap. Considering that our project has such a tight supply (only about 5.5M tokens) and 70% of that supply is staked, we are a Unicorn amongst Unicorns built on a Unicorn platform.. try saying that 3 times fast
We've been contacted by a number of CEXes (centralized exchanges) about listing WLEO. Some of these exchanges have a great reputation and others have a less great reputation for their "market making" offerings. We're considering a few different options, but it's pretty likely that WLEO will hit a major CEX by the end of 2020. Right now it's mostly about deciding which one we want to target specifically - especially since the supply of liquid LEOs is so small.
DEXes like Uniswap still hold the spotlight (and are continuing to gain market share). Needless to say, it's going to be a fun year of collaborations between LeoFinance, WLEO and other projects in the crypto space - whether they're a centralized exchange, a DEX or a dApp protocol on Ethereum.
The next update from here should be the official release of LeoFinance V2 Phase 1: Metamask Onboarding, WLEO Wallet Operations and LeoInfra V1. We're working hard on the final testing and polishing of these feature and I'm really excited to see the progress we make on the onboarding front.
We've already seen the ability of LeoFinance to draw Ethereum-based attention (outside of Hive). Now is our chance to onboard hundreds, thousands and (one day) tens of thousands of new accounts to our platform.
LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized blogging platform (https://leofinance.io) allows users and creators to engage and share content on the blockchain while earning LEO token rewards.
Track Hive Data | New Interface! | About Us |
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Hivestats | LeoFinance Beta | Learn More |
Trade Hive Tokens | Wrapped LEO | Hive Witness |
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LeoDex | Trade on Uniswap | Vote |
Posted Using LeoFinance Beta
https://twitter.com/FinanceLeo/status/1314631912959377409
https://twitter.com/FinanceLeo/status/1314632099459149829
https://twitter.com/FinanceLeo/status/1314632550384635904
Ok, Leo is not a shitcoin
Posted Using LeoFinance Beta
Not a shitcoin territory achieved 😎
Posted Using LeoFinance Beta
😂🤣😂
Posted using Dapplr
it's out of the shitcoin status, but it's possible there is a whiff of fart somewhere... now only to find out who farted...
Posted Using LeoFinance Beta
If it gets stale... May catch a wiff 🤢
Posted using Dapplr
Candyman needs to hear this. Hahaha
Posted Using LeoFinance Beta
whos Candyman? I want to be friends with him
Posted Using LeoFinance Beta
Depends on if there is really any candy involved.
Posted using Dapplr
Does he have candy?
Posted using Dapplr
yeah leo and wleo are not shitcoin but are coins with good team and future
Posted Using LeoFinance Beta
Yea this is definitely out of the shitcoin category. It has smart tokenomics followed up by an honest development team. That alone punts it out of shitcoin land. :)
The rising market cap is just gravy on top.
Terrific earnings in two weeks. Seeing an account earning 13608.258 LEO, that's equivalent to $3265.98192 as a bonus is terrific. When LEO prices move further closer to $1, that would be massive.
Posted Using LeoFinance Beta
Scary massive.
Posted using Dapplr
Whoever thought LEO was a shitcoin really knows little.
It was evident from the start this one was a bit different from a lot of other projects out there.
Posted Using LeoFinance Beta
thanks for all the great work, and happy with my loot :-)
Posted Using LeoFinance Beta
Congratulations @leofinance! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
No doubts about it!
Posted Using LeoFinance Beta
whoever calls this a shitcoin gets a punch in the nose, awesome update, and congrats to those getting paid!
Posted Using LeoFinance Beta
🤔
Posted using Dapplr
that a lot and that prove that leo and wleo are not shitcoin I'm investing in leo and hive in the hope for a great return
Posted Using LeoFinance Beta
lol
I love the super low # of liquid coins
Posted Using LeoFinance Beta
LEO token: The rising.
Well done, LEO team.
Excellent indeed LEO is an exceptional project, very well done by the whole LEO team.
Posted Using LeoFinance Beta
I'm amazed. Great work folks
Posted using Dapplr
its TRUE
Posted Using LeoFinance Beta
Am so wowed by the number of on going development on the leo platform.
Okay, so if I were to wrap, say, 5000 LEO tomorrow - what would my "expected" yield be after 1 week? The bonus period payouts are weekly, correct? I'm still trying to piece all of this together - I have about an 8k HIVE powerdown hitting in 20 hours and trying to figure out what I'd like to do with it...
TIA!
Posted Using LeoFinance Beta
There is 300k LEO bounty for 90 days.
3333 LEO per day.
Divided between the LP providers.
403k USD LP pool atm. Minus 50k owner, around 350k.
5k LEO, at today's price, 0.25 = 1250$. Plus matching amount of ETH, total 2500$.
2500/400,000=0.62%, out of 3333 LEO = 20.6 LEO (5.1$) for today :), around 72% APR.
If the pool goes up, APR goes down, and the opposite.
Maybe I'm overtired and i'm just not getting it - but what is every "1" token worth at this point in time by wrapping it?
Viva Leo !!!
Posted Using LeoFinance Beta
I am thinking about maybe selling some Splinterlands cards to get some more LEO before there is none left! Waiting for their upcoming announcement to see if I can get a bit more for the cards I have.
Posted Using LeoFinance Beta
very active person at block chain platform . U are
Posted Using LeoFinance Beta
Now we should be finally getting some attention from the crypto-mainstream on Hive and Hive Dapps. Thank you so much and congratulations guys! We did it!
Posted Using LeoFinance Beta
@leofinance, just a qestion. 16 days ago I bought wLEO on Uniswap and provided it as a liquidity. I haven't received any bounty so far. Does it mean that I am not eligible for the bounty program?
Posted Using LeoFinance Beta
Look forward to the additional LEO & WLEO use cases. Great work guys!
Posted Using LeoFinance Beta