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RE: Hey LeoFinance people...

in LeoFinance3 years ago

I think this is great idea. I think more coin being added to liquidity will help LEO more. Also this could be start of something great.

About the exchange platform to use, I feel uniswap is the my most preferred choice.

I am onboard with this.

The other benefit to having a second external market for WLEO is that it would be more likely that Coingecko, Coinmarketcap and the like would upgrade us to full listings with market cap stats and rankings and so on.
This is great for the platform in my opinion but I ßpeak for myself only.

About adding liquidity, I don't think I can add yet but if the fund arises, I would love to

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I think it would benefit, but I am hoping lots of people give feedback, I may be wrong.

The reason I suggest Balancer in particular as an option is because WLEO could be the first RUNE trading pair there, could drive some extra liquidity Volume of trade, plus the PR benefits.

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What about the cost of the transaction fee. The Transaction fee on uniswap is quite high

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Yes, indeed the fees on everything on ETH are high, but so are the volumes of trade and potential investors. Undoubtedly it would be hard for small investors to participate.

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Yeah. I thought it was a uniswap problem alone. Seems all exchanges transaction fee on eth is quite high. Have to look at other angles of me participating

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Undoubtedly it would be hard for small investors to participate.

That's kind of my issue! I like the idea and would love to participate but only have 400 Rune (and currently unable to acquire any more). Additionally, I'm going to have to swap some of it for BTC and perhaps cash out :(

Yes in principle, but unlikely in practice I'm afraid.

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Yup, sadly playing around on ETH is not possible for many. If it boosts the price of LEO, and the growth and visibility of the project, then everyone benefits even if they are not in the pools.

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