Wrapped Leo and wrapped ETH trading pair
It occurred to me that this wrapped Leo project has been a huge success.
The price of Leo has soared, wrapped Leo scored multiple exchange invites and is now listed on five? more exchanges.
The complexity and expense of trading on Uniswap continues to be a factor, with gas fees on the Ethereum blockchain continuing to be very large.
So why not wrap ETH and bring it to Leodex?
So in this week of notoriety for wLEO I thought about what would it take to wrap ETH and create a wLEO and wETH Trading pair on leodex?
There might be a fee in Steem or Leo to wrap the ETH and the transfer it to a wrapped ETH wallet on Leodex of course, but then the transaction fees would be paid in Leo.
Maybe I am just a dreamer, but I am not the only one...
Other blockchains are in the discussion phase of bringing wrapped ETH to their blockchains to trade on their Dex’s ... so why not hear...on Leodex?
The Genie is out of the bottle.
Cross chain trading is a reality on Ethereum and other blockchains. Plus, it was a willingness to think and dream big, which led Leofinance creators to create wrapped LEO.
So I think if other chains think it’s possible, and their developers are making it happen, as I write, then this too could happen.
Are the other blockchain devs more creative?
Do they have better developers?
Are they more capable then Leofinance is to get help, to make big things happen?
I think not.
Leofinance is creating their own luck, by making things happen. Why not this?