LEO: Liquidity Pools
Liquidity pools are one of the most important opportunities in the LeoFinance Web3 Ecosystem. On this page, learn about LP opportunities for buying LEO and earning anywhere from 25-86% APY on it
LEO is a versatile asset that as of this writing, can be wrapped to two external blockchains along with living on its home blockchain - Hive. bLEO represents BEP20 LEO (Binance Smart Chain LEO) and users can seamlessly wrap native LEO into bLEO to utilize bLEO on Binance Smart Chain.
CubDeFi is a yield optimization app built and continually developed for the LeoFinance Web3 Ecosystem. The app allows you to stake bLEO into the bLEO-BNB Liquidity Pool on https://cubdefi.com/farms and earn yield at 86% annualized (compounding earned CUB back into bLEO-BNB Position).
stake bLEO into the bLEO-BNB Liquidity Pool on https://cubdefi.com/farms, earn 62.78% APR (86.86% APY)
On the Ethereum blockchain, Wrapped LEO (wLEO) can be deposited with ETH into a wLEO-ETH liquidity pool on the Uniswap platform - one of the largest Decentralized Exchanges (DEXes) in the entire world.
This pool is incentivized via built-in AMM Swap Fees. Every time a user swaps wLEO or ETH, they pay a small fractional fee that is autonomously distributed to all the liquidity providers in the wLEO-ETH Pool.
In its current form, the Uniswap wLEO Pool favors large amounts of capital (Whales) who add to the pool. This is due, in large part, to the enormous gas fees on the Ethereum blockchain.
For most users, we recommend staking LEO as bLEO on https://cubdefi.com/farms to maximize your yearly ROI and minimize your gas fee costs.
In it's native form of LEO on the Hive blockchain, you can stake LEO with HIVE (SWAP.HIVE) on the https://beeswap.dcity.io/swap?pools&search=LEO platform. This allows you to stake LEO with HIVE and be exposed to two of the leading Web3 cryptocurrencies at the same time.
HIVE has some incredible features which you can learn about in the Technology Section of this paper.
The Beeswap LEO:SWAP.HIVE pool is incentivized with their BXT token and is currently paying about 19.422% APR which (depending on your compounding rate) comes out to roughly 26% APY.
PolyCUB is one of our newest applications and we're planning to release it in Q1 2022. The release of PolyCUB will also signal the release of a pLEO-MATIC pool (Polygon LEO).
This means that a whole new blockchain of opportunities will open up for the LEO token as we enter the Polygon network. The last time this happened was when CubFinance launched on BSC and we introduced the bLEO token. When bLEO was introduced, LEO shot up to about $1.20 per LEO and the APY for staking bLEO was in the range of thousands of % APY for the first weeks of CubFinance's launch.
We expect a very similar effect during the launch of PolyCUB!