In case you didn't see it, @jk6276 published a powerful article about what the future of LeoFinance could look like. The ideas set forth in his post open up possibilities in Decentralized Finance that make the mind spin. And they could all take place right here on LeoFinance.
Crosschain Swapping From Your Leo Wallet?
Indeed. Adopting the Thorchain bridge to Decentralized Ethereum could make this possible right here from your LeoFinance wallet.
This Got Me Thinking
Not that it's a huge deal, but one thing the LEO wallet doesn't offer is a savings feature. I was ready to dismiss this thought as unnecessary until I remembered John's article.
It would be nice to have a place to keep earned LEO while I'm planning future liquidity positions. Why not just do my own planning? I do. But how cool would it be to plan right from your Leo wallet, then pull the trigger when ready?
What do I mean by that? John spelled it out pretty well in his article. Imagine you could swap your LEO for any token you desired right from your LeoFinance wallet.
Now think that once swapped, you could add that token to any Liquidity Pool you wanted on an AMM of your choosing? That would be Top Notch!!!
I've been blogging about a position in a Balancer LP the past few weeks. With a tool like this in the LEO wallet, I could easily swap LEO to BAL or wETH and then add it to the pool.
Services such as ZapperFi and APY.Vision offer a similar service. But they do it without the enormous backing of a community like the one behind LeoFinance. They do it without a powerful blockchain such as our very own HIVE.
A LeoFinance AMM? Preparing The Tribes For LPs
Another idea I think John was alluding to in his post falls along these lines. What if LeoFinance built an AMM for investors interested in HIVE and all its Tribes?
LeoFinance is leading the charge in development and seeing the results of that hard work. What's going to happen to HIVE Tribes when the masses flood in?
As I see it, they'll face the same challenges LeoFinance did without the ability to offer liquidity. Why wait until that time comes?
John also brings up the point that all this may not be worth the cost or effort to the LeoFinance team. One option around this is to look at available grants in the DeFi industry.
Thoughts On A Page
For LeoFinance and all involved, the future seems limitless. What we can imagine could be possible. Nothing exposes those possibilities better than driving the conversation. What can you imagine that LeoFinance might not one day make true? Only the ideas that go unspoken.
Thanks for reading and as always...
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