RE: Just got my 10K LEO back, cheers @Khal!
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Can you explain wrapped Leo to me in simplest way possible?
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Can you explain wrapped Leo to me in simplest way possible?
It's essentially an ERC-20 (eth) version of the token so you can easily swap LEO into ETH.
As far as I'm aware WLEO is minted on the Ethereum chain but only released on that chain once you send LEO to the @wrapped-leo account.
There's more details here:
https://leofinance.io/hive-167922/@leofinance/what-is-wrapped-leo-wleo-or-liquidity-provider-incentives-and-project
Posted Using LeoFinance Beta
Ah makes sense.. thanks so much!!!
This thread by the team may also help with the usage side of things :)
https://twitter.com/FinanceLeo/status/1327472102526623757
Posted Using LeoFinance
Thanks @leovoter