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<h2 WLEO Listed on Maya Protocol | Advancement for the Hive Blockchain
We have several news today, but for us The Daily Leo, the news of the $LEO token on Maya Protocol takes de Spot-light. To be executed soon, the listing of WLeo has been announced by both Inleo and Maya on X. A great step for the Inleo community and for the Hive Blockchain.
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The soon to proceed integration of WLEO with Maya Protocol, enabling seamless cross-chain operations with major cryptocurrencies, further enhances Hive's accessibility and interoperability, positioning it as a valuable asset in the Web 3.0
The liquidity pool $WLEO - $CACAO will be launched in the next 7 days, This integration allows users to easily convert Hive and LEO into Layer 1 tokens of their choice, such as Bitcoin and vice versa. The WLEO-CACAO liquidity pool, set to launch soon, exemplifies this partnership's potential to streamline access to Hive, enabling both existing and new users to leverage Hive's no-fee, nearly instant transaction capabilities more effectively.
WLeo will soon join the ranks of tokens available on Maya, a DEX influenced by Thorchain but distinct in its cross-chain L1 focus. And this Maya listing also will give us access to Thorchain, LEO will be in the same arena. as some of the biggest players and it will be inevitable to increase its value. It also will become a bridge to trade HIVE against the other tokens. Lets brace to the the value go up.
Now lets move to Ethereum a bit, we have an awaited event. The Dencun upgrade, marking Ethereum's most significant advancement since the Merge, was successfully deployed, aiming to slash transaction fees on layer-2 networks and bolster scalability, efficiency, and security through various Ethereum Improvement Proposals (EIPs). Dencun's benefits, focusing on layer-2 users, leave Ethereum mainnet fees untouched, highlighting a trade-off between decentralization and lower costs. This development underscores Ethereum's evolving ecosystem, striving for wider adoption and improved blockchain infrastructure.
The evolution of tech is wild, iconic gadgets like the headphone jack and Motorola phones symbolize the ebb and flow of innovation. From Roomba's household revolution to GoPro's extreme capture, each device embodies a cycle of rise and reinvention, illustrating the relentless push towards progress and adaptation in the dynamic tech landscape. Those that were once the top are now forgotten items collecting dust and opening the field for new innovations.
Luminary Cloud disrupts engineering simulations with its modern cloud-based platform and AI-driven capabilities. They have reduced processing times from weeks to minutes and real-time results, clients like Puma and Joby Aviation benefit from increased productivity and cost savings. Backed by significant investment, Luminary Cloud is poised to revolutionize the engineering simulation landscape.
But the growth of tech is not always bright and innocent, currently we are seeing an Impact of the European Armament Plan on the Technology Sector. Semiconductors and microchips play a crucial role in Europe's quest for self-reliance in armaments. However, the continent currently lacks a robust semiconductor industry and heavily relies on suppliers from Asia and the United States. This dependency underscores the urgent need for Europe to bolster its domestic semiconductor sector to meet the demands of military equipment manufacturing. Until then, Europe must seek external suppliers to fulfill its semiconductor needs, highlighting the imperative for the continent to achieve stability in semiconductor production. This benefits companies such as Nvidia. War is horrible and lives are lost, but has been always a motor of the big economies of the world.
But let's end in a high note. Stay tune to the launch of the $WLEO - $CACAO pool on Maya protocol! It's not financial advice, but you might want to get some $LEO!
InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.