Leofinance is writing cryptocurrency history here. The story so far involves a second layer coin Leo, which uses it’s talent and creativity to launch a clone called WLEO into a larger orbit around a star or Dex called Uniswap. This clones presence around Uniswap soon provides appreciation benefits to the original token Leo and drives volume on exchanges of the first layer token, Hive which continues to provide very important underlying architecture to the second layer coin and its clone.
The current announcement from El-Khal includes not only news of the newest clone WLEO2, about to be launched into a larger orbit via a new star-dex called Uniswap. But also an evolutionary adaption of the Leoborg collective where the Leo Community will assimilate an additional method of earning income: Liquidity Provider.
Providing Liquidity will now be rewarded with a fixed percentage of the Leo Reward Pool. Prior to assimilating information on LPs or Liquidity Pools. The members of the community earned rewards from the reward pool by producing content, consuming content or owning miners. These methods are referred to as author rewards, curation rewards or mining rewards respectively. Now the community will have Liquidity Provision as a fourth method of earning or a fourth potential stream of income.
As the members of the community save up its liquid Leo and Ethereum to participate in this new Liquidity Pool or other members start to power up their Leo and do the hard work of curating, to provide greater author and curation rewards to content producers and content consumers alike... there is a palpable excitement. As we peer out into the cryptocurrency galaxy where we orbit our beloved star exchange hive-engine we know it’s our destiny to have our clones walk in the light of other star Dex’s in the galaxy, like Uniswap and perhaps one day centralized dex’s like Bitrex or Binance.
to Liquidity Providers get both a portion of the transaction fees as rewards and 15% of the annual inflation of 2,000,000 Leo, distributed via snapshots over time, so that the earlier and longer you provide Liquidity, the greater your APR or rewards are...
This is great news for experienced Liquidity Providers and Yield Farmers, because instead of moving your investment capitol constantly in search of the best yield, you can increase your yield by not moving it.
Hmmm less work, more money
But seriously it’s true! Do the math!
But the WLEO-ETH pair changes that dynamic. Investors don’t have to buy Leo, they can blog for it, send it to www.wleo.io and change it to wrapped Leo. Then deposit it into the wLEO-ETH liqquidity pool to yield farm. LEO bloggers save the money/capitol they would have invested in Leo and can use it for Gas fees (transaction fees) on Uniswap/Ethereum. Ethereum investors and other Yield farming investors can sign up for a LEO account to start blogging about financial topics, especially trading and earn LEo. And signing up for LEO account is free.
Investors that buy and stake (power up) their Leo can create a stream of income from being post authors or video authors who write or talk about investments, and those that don't create content can still profit by content consumption, reading articles or watching videos and casting upvotes and earn through this voting curation rewards. The term "curation" which is upvoting quality content on the Leofinance Blogging interface which pays them weekly, and as the token appreciates from the success of the Uniswap project, listing on other exchanges and increased demand should result in appreciation and a valuable income stream for people who hold their tokens instead of cashing them out right away.
Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@shortsegments/the-leoborg-chronicles-the-next-voyage-of-wleo) ### Fun random fact: ## Top Ten Questions about the Blockchain on Google Search Engine for October were: What is Blockchain What is Blockchain Technology What is Blockchain wallet What is Blockchain explorer What is Blockchain meaning What is Blockchain exchange What is Blockchain login What is Blockchain dns What is Blockchain definition What is Blockchain explained