The time is here, just became a LP for wLEO!

in LeoFinance4 years ago

Just wrapped about 15k LEO and added them to the Liquidity Pool on Uniswap

The day we have all been waiting for is finally here...

wLEO is alive!

(Source: https://app.uniswap.org/#/add/0x352c0f76cfd34ab3a2724ef67f46cf4d3f61192b/ETH)

Looks like I will need to add some more Ether if I want to add any more wLEO to the pool.

Good problem to have!

Not much activity on the trading side just yet:

(Source: https://uniswap.info/token/0x352c0f76cfd34ab3a2724ef67f46cf4d3f61192b)

I suspect that will change over the coming hours.

The official launch announcement and instructions can be seen here:

https://leofinance.io/hive-167922/@leofinance/the-time-has-come-wrapped-leo-is-now-trading-on-ethereum

Let me know if you have any questions or need any help.

Stay informed my friends.

-Doc

Posted Using LeoFinance

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Yep ... just added some as well :)

Nice, any price predictions for today? :)

Lol .... min 14c :D

So you have to pay the gas fee as well?

Posted using Dapplr

Yes, the joys of dealing with the ethereum blockchain.

Ouch.

Yep, looks like the fees are about $6 right now as well...

I don't have that to spare right now but sheesh. That's wild. Be glad when ETH 2.0 comes around

You can join Spinvest's shared pool.

Wow!

What's the minimum amount for adding to liquidity pool?

Don't seem to have up to 15k leo😏

Posted Using LeoFinance

I believe it is 100 LEO, but I'd have to double check...

100 LEO won't yield meaningful interest. It's better I just focus on blogging here.

Posted Using LeoFinance

But remember you need an equal dollar amount of ether in order to add to the liquidity pool...

WTF!
I don't think I will be able to be a liquidity provider then. Don't have ETH

Posted Using LeoFinance

What happens when you add to the liquidity pool. I mean what are the benefits.

You get a share in the trading fees generated plus you get a share of the 300k LEO bounty put up by Leofinance.

Make sure you're checking the pair page as opposed to the overall token page - the info can be misleading on the overall.

On the pair page for wLEO-ETH:

image.png

Posted Using LeoFinance Beta

Yep, double the liquidity for the total liquidity numbers! Time for the defi groups to step in... :)