Threadcast link:
@khaleelkazi/re-leothreads-jjlezdfj
Link to recording:
https://x.com/khalkaz/status/1904564927055966405
Speakers
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Open Sourcing and API Integrations
The InLeo team has been heavily focused on open sourcing more of their technology and providing APIs for other Hive applications to integrate. This shift in approach is a major reason why InLeo's proposal is now funded on the Hive Development Fund.
Rather than just open sourcing raw code bases, InLeo is building final products as APIs that can be easily plugged into other Hive interfaces and applications. This allows for true "plug and play" integration, rather than requiring other teams to fork code or figure out how to adapt InLeo's technologies to their own frameworks.
Some of the key APIs and open source code bases that have already been released include:
- Keystore Hive accounts
- X and Google Lite accounts
- Dynamic resource credit delegation system
- Account creation tokens
- Hive SQL API access
InLeo is also preparing to release APIs and open source code for their accounts system, creator subscriptions, cross-UI bookmarks, and new signup options like Ledger, Trust Wallet, and Trezor.
The goal is to not just build innovative technologies for InLeo's own application, but to provide these as reusable, plug-and-play APIs that any Hive UI can integrate. This allows InLeo to add value to the broader Hive ecosystem, rather than just focusing on their own platform.
LeoDex Updates
InLeo has been heavily focused on improving and expanding their decentralized exchange platform, LeoDex. Over the past 7 days, LeoDex has seen $4.7 million in trading volume, making it the top protocol on the Maya DEX.
In the next 48 hours, InLeo plans to release a major LeoDex update that will add support for ThorChain, ChainFlip, and Rango in addition to Maya. This will allow LeoDex to quote swaps across all four of the major cross-chain trading protocols, showing users the cheapest and fastest routes.
The update will also integrate support for a wide range of wallet options, including Coinbase Wallet, Ledger, Trezor, and Trust Wallet, in addition to Hive Keychain.
InLeo sees LeoDex as crucial to the future of the Leo token economy. By providing a robust, multi-chain DEX, they aim to drive significant trading volume and liquidity. Future plans may include adding referral and fee-sharing mechanisms to further incentivize growth.
Funding Proposal and Community Support
InLeo's funding proposal on the Hive Development Fund was recently approved, making them one of only two projects currently funded solely based on community support. This is a significant accomplishment that speaks to the strength of InLeo's community.
However, InLeo is still only about $200,000 above the funding threshold. The team is committed to continuing to gather more votes and support to build a larger buffer, as they don't want the funding to be at risk of being lost.
InLeo believes their open source and API-centric approach, combined with a focus on taking their technologies to market, will help them gain more community support. Rather than just asking for funding to build, they are using the proposal to fund the go-to-market efforts for their innovations.
Overall, the InLeo team remains highly committed and "stubbornly" focused on their vision of growing the Hive ecosystem. They see collaboration with other blockchains and Hive applications as key to this growth strategy.