The State Of Leofinance
Leofinance is making a bit of noise with their decision to set up an ERC20 token. This is causing the price of LEO to go up hard.
In this video I discuss what I see as the state of Leofinance and where it is going. I cover how I see things unfolding between now and the end of the year.
▶️ 3Speak
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You need to stake more BEER (24 staked BEER allows you to call BEER one time per day)
Overwhelming possibilities into which LeoFinance could transform into. While I've got involved not too long ago into this community and considering the incoming changes, should I continue to stake my LEO or keep them liquid...?
Posted Using LeoFinance
It depends. For me, my foundation is staked tokens. I will continue as I have always done with Leofinance, posting and curating.
But I do have some liquid that is going into the liquidity pool for wLEO.
Posted Using LeoFinance Beta
Taskmam why are you not reporting on the huge drop in crypto. A clear sign some big dogs ordered exchanges to lower the entry. It never makes sense when money exits all at once like that. There's always a juicy recovery coming.
Buy buy buy but don't hold for too long.
I could be wrong though.
I'm rarely wrong though.
I eat a lot of sour dough bread.
You are right. Of course I could have talked about the big drop in the stock market or gold. I could discuss how Tesla dropped near 20% in 3 days. Or how Apple got crushed.
Maybe Elon Musk figured out how to get his stock killed other than tweeting.
Posted Using LeoFinance
lol yeah there's strange thins at play.
Crypto is climbing back too.
Btw, not telling you how to do your posts..
I have come to respect your commitment to posting actually.
Summary:
In this video, the speaker discusses the state of Leo Finance, providing insights into the developments and updates within the platform. The main highlights include the upcoming launch of W Leo, a wrapped form of Leo that is set to be created within the next few days. The excitement around W Leo stems from the strong community support and the potential for increased liquidity on Ethereum's DeFi world. Additionally, there is mention of a new interface for Leo Finance, which aims to provide a more user-friendly experience compared to the current setup resembling steemit.com. The speaker also speculates about potential features and updates that may be introduced in the future, emphasizing the importance of community feedback and involvement. The Leo decks and Leo shop are also mentioned as areas for future upgrades and revisions to further enrich the Leo Finance ecosystem.
Detailed Article:
The speaker delves into the developments surrounding Leo Finance, shedding light on the upcoming launch of W Leo, an ERC-20 token wrapped form of Leo. This new token is anticipated to generate significant interest due to the backing of the community and the potential for a robust liquidity pool on Ethereum's DeFi platforms. The emergence of W Leo signifies a pivotal step towards expanding Leo's presence and engagement within the DeFi space.
Furthermore, the speaker provides insights into the forthcoming new interface for Leo Finance. This interface, set to be a beta version initially, is designed to offer a more streamlined and user-friendly experience. The purpose of this interface overhaul is to move away from the limitations of the current setup resembling steemit.com and enhance flexibility and user engagement. The speaker speculates on potential features of this new interface, hinting at a more dynamic and interactive platform that merges the benefits of blockchain immutability with traditional social media engagement.
The talk extends to the future outlook of Leo Finance, with discussions on possible updates and enhancements expected to be rolled out before the end of the year. The speaker anticipates features catering to the financial and crypto sectors, possibly including investment opportunities, trading functionalities, and rewards mechanisms. Moreover, there is mention of potential revisions and upgrades for the Leo decks and Leo shop, aligning with the platform's vision of enriching the user experience and building a comprehensive ecosystem.
Throughout the discussion, the speaker emphasizes the collaborative nature of the Leo Finance community, encouraging members to contribute ideas and suggestions via Discord. The community's input is seen as instrumental in shaping the platform's evolution and ensuring that new features and developments align with user expectations and preferences.
In conclusion, the speaker portrays Leo Finance as a platform in active development, with a clear focus on enhancing user experience, expanding functionality, and fostering community engagement. The envisioned updates and features are poised to transform Leo Finance into a comprehensive financial and crypto hub, offering a blend of traditional financial services and decentralized blockchain benefits.