B-Leo is coming to Binance Smart Chain 🗣

Great News!

@leofinance made this announcement in a recent post, link below.

As I understand it; @khaleelkazi and his development team have completed a Smart Contract to wrap the Hive token Leo into a Binance token B-Leo. This will allow the creation of a Liquidity Pool “B-Leo and Binance Coin BNB”, on the Binance Smart Chain platform called PanCake. The purpose as I understand it is multifold.

First, it creates a bridge from our second layer Hive token to another DeFi ecosystem on Binance Smart Chain, so another group of non-Hive investors learn about Leofinance.

Second, it creates another portal of entry for people who Blog or V-log to want to enter Leofinance and Hive, so they can earn Leo, wrap it to B-Leo and trade B-Leo for BNB, or they may decide to stack/hodl B-Leo as a rapidly appreciating investment. Leo’s token price below one dollar will be very attractive to Prospective BNB investors as that token is trading at 300 dollars plus a piece.

Third, it creates another investment opportunity for Leo token holders on Binance Smart Chain, where transaction fees are 1/100th that of similar transactions on the Ethereum blockchain.

Fourth, it means potentially another exchange listing, as B-Leo may subsequently be listed on Coin Geko, or other cryptocurrency exchanges.

Fifth, it links Leo to yet another mooning token, in this case Binance Token BNB. This is good for our token price. I expect this link to help raise the Leo price just the link to Ethereum did with WLEO.

Remember when @khaleelkazi and the Leofinance Development team created W-Leo? The purpose was to reach out beyond the Hive ecosystem, and tie our token to Ethereum, plus give our community cryptocurrency token some exposure to investors outside the Hive ecosystem. That move was very successful and the token price has more then quadrupled in price after that strategy was completed and W-Leo created as a wrapped token on the Ethereum blockchain.

Good News Update here.

and this isn’t all that was covered in the post, you can read more here: post.

Other great projects are on the way.

It’s an amazing time to be a member of Leofinance and the Hive Blockchain!

. . .

✍🏼 Penned by my hand

@shortsegments

I came for the crypto and I stayed for the Community.

Shortsegments has been writing on the Leofinance Crypyocurrency and Financial Blog since its beginning on the Steemit platform as Steemleo.

Learn more below👇

Seven Minute Read! Short & Quick!

Quick overview

Quick Start Earning Guide

Join for FREE!

Signup takes 20 Seconds!

Click Here

. .. .

Leofinance Vision for 2021 by @khaleelkazi the creator of Leofinance Here

. . .

Learn more about Hive Here.

. . . .

Nice Pictures Below about Hive

. .

Posted Using LeoFinance ^Beta