Doing my first test deposit to Leo/CACAO pool

in LeoFinance16 days ago

First post this month, I got draw back to doing leo stuff with the Introduction of https://leodex.io/, I created my wallet account a few days ago, bought gas 2-3 time with the faucet to get ArbitrumLeo. I think I also did like a Hive to something swap and it worked.

And today trying to deposit liquid on the pool which has already 100k+ liquidity. I am trying a small amount and see how it works.

I don't know if it is normal but I am connecting with the Keystore from Brave browser on a Linux computer and I have to login every time (including re adding the file and input password).

Anyway on the screenshot below you can see the status is pending.

it got confirmed and after a refresh and relogin I can see my liquidity on leodex and the explorer.

I am not sure if there is a return on that and if all the fees are going to perma liquidity in the pool. I do have some more research to do but exited to see stuff keeps happening inside the Leo Ecosystem considering we were at a very different place just one year ago.

It looks like we still have a bit of time before the next big altcoin bull run, I am not sure altcoin is still an appropriate name now since other chains are becoming industries and ecosystem on their own and not just a token for raising money like back in the days.

As of 21st of March 2024, $LEO is at 0.11c USD and $HIVE is at 0.33c USD. Putting that in the post to see where we are in 2025 and beyond.

Posted Using InLeo Alpha

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I definitely want to try it, but think I'll wait for MM integration, I'm not that keen on creating yet more wallets! :P

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