Delay in Launch due to Uniswap Airdrop

Those of you following DeFi know that wrapped LEO laucnhing as a ETH wrapped LEO pair in the Uniswap liquidity pool was suppose to launch yesterday, but Uniswap decided to do an airdrop which was incredibly profitable for many people, but the volume of transactions drove gas/transaction fees much higher then normal, with gas priices over 50 dollars at times, so it was a prohibitivelky expensive time to launch a project, so the I belive that was why the lauch was delayed.

However the delay represents an opportunity

If you are liquidating or powering down LEO to invest in this opportunity you were gven an extra day or two, as gas fees are still high today. So due your own due diligence and read up on the project.

This is my understanding of the wrapped LEo ETh pair project:

It is a unique opportunity to participate in a liquidity pool on the ethereum blockchain providing liquidity to a LEO ETH pair, or more accurately a wrapped LEO and ETH pair Liquidity pool.

This is a unique opportunity for many reasons:
First,you get to provide liquidity to a new liquidity pool LEOFINANCE will create on Uniswap containing wrapped LEO and ETH. Its a first for our Hive-Engine Token and a second for the Hive blockchain as wrapped HIve is currently in a Liquidity pool on Uniswap with ETH. So your contributing to the success of LEOFINANCE and indirectly to the value of your token LEO.

Second, you get to invest in a wrapped Token from our blockchain without actually learning the mechanics, it's a truly passive DeFi investment.

Third, you get to invest in what is the Wild Wild West of cryptocurrency, where any money invested could 2x, 5x, 10x or just disappear. This is the beginning of something new and scams and losses abound, but so do wild success stories. So if you do this, know your saddling up for a ride on a wild pony: you may get thrown off and severely bruised, but you may also have the ride of your life...as in $$$$

Fourth, if you are really wanting to learn to invest in DeFi you can invest in this pool to save on Gas fees, which are transaction fees on the Ethereum blockchain and all its dAPPS. We don't have transaction fees here, so many are not familiar with them. But they can be very large and consume all the profits of small margin transactions.

Fifth, you get to invest with a seasoned investor, who does take 25% of the profit, but if you don't know how to do this, you get zero % profit, so I consider it a fair trade.
The opportunity is explained in the post below.I missed this post, but read another referring to it, I think, so I am posting this reminder because the original post is 7 days old, and I am using alot of the material from that post, so I am splitting post rewards just to be fair.

Opening up a WLEO option for smaller investors.

@spinvest-leo/opening-up-a-wleo-option-for-smaller-investors

By @spinvest-leo

Firstly - Important note:

Involvement in this process will require you to trust me (@jk6276) with your money. It is custodial and you would be sending an account that I run, and @silverstackeruk (the founder of Spinvest) holds keys for. If this is not for you, or you have any concerns about this, please don't participate. You could lose money. There is risks involved. I can not and will not cover any loses any individuals may incur in this process for any reason. Caveat Emptor - Let the buyer beware.

Second, How will it work.

A new Spinvest sub-account @spinvest-eth has been set up.
A new Ethereum wallet has been created - 0x9744dF35394B77860337d4b17a844B87EF341e83 . This is a separate wallet within my Metamask that I am sole key-holder for. The account address can be verified and audited by anyone at anytime. View on Etherscan

All you will have to do to participate will be to send LEO tokens to spinvest-eth. I will set a minimum to participate of 500 LEO. I need to do this to make the admin time worthwhile. Amounts below this will be manually refunded when I have time. Deposits will be open for a limited time. Deposits open now, and will close on Monday 21st of September. That gives 2 1/2 weeks to join in. I will track each persons contribution.
I will set a total minimum of 10,000 LEO contributed before this will be done. If we do not reach 10,000 LEO, all tokens will be refunded and the pool will not happen.After deposits close,

I will sell a portion of the LEO tokens on LeoDEX, and convert the proceeds to cover GAS fees.

Next I will convert all remaining LEO into WLEO.

Once the liquidity pool is up and running on Uniswap, I will swap around half of the WLEO into ETH. After that, I will deposit the WLEO and ETH into the Liquidity Pool.

Each week, a report of will be produced from the @spinvest-leo account outlining the progress.

Once the rewards for providing Liquidity are received from LeoFinance, 25% will be retained by @spinvest-leo as compensation for my time and management of this process.

This is being done to help smaller accounts to get involved, and bigger accounts that don't want to personally deal with the Ethereum eco-system.

This is also being done to add a little income in to @spinvest-leo. If you don't like that, don't participate.

The remaining rewards (LEO tokens) will be transferred to contributors on a weekly basis. These will be payed proportionally to the share of this pool each user contributes.

Why should you participate.

A pooled approach shares the GAS costs among many people.
Open to anyone - no requirement to be a SPI member.
A pooled approach makes smaller contributions economically viable.
ROI - I have no forecast of what it will be - but there will be some unspecified return on your investment - hopefully.
Contributing to the growth of LeoFinance - and thus helping HIVE overall.
It will be a fun and interesting learning experience for all.

Deposits are now open.

Please send any LEO you wish to participate with to @spinvest-eth - minimum 500 LEO. You have until Monday 21st September to send funds. Please re-read this post before sending funds and ensure you understand and take full responsibility for what you are doing.Remember, if we do not reach 10,000 LEO total by the cut off date, this won't happen, all LEO will be refunded. This is open to anyone, you don't have to be a Spinvest member to participate.

Questions/Answered:
Question:

Will this liquidity be perpetually locked in the pool or do you plan to remove it at some point? I mean, what if I want all my funds back after some time. Is there a way out?

Will this return be provided from SPInvesr or you have some exclusive tie up with LEO Finance? A little clarificatio will be helpful.

jk6276 67
In the short term, (the first few weeks) I expect it will be locked in.
Once everything stabilizes, I plan to open up windows (perhaps one week each month) where people can request a withdrawal. The reason to try and manage exits like this is the same as why we are offering a pooled approach - minimising GAS FEES. Of course, in the event of an emergency, individuals may request an urgent withdrawal, which I would process as soon as I can, but they will have to wear the full gas cost deducted from the total.

As for the returns, they are hard to predict and I definitely don't want to make any promises. This pool will earn the same potential income as any other investor in the WLEO/ETH LP, there is no special arrangement and this is not an official LeoFinance project. For expected returns on being in the LP, it would be best to check the official posts from @khaleelkazi, and LeoFinance and draw your own conclusions. There are no benefits from Spinvest - infact a portion of the bonus is being payed to Spinvest - reducing returns to individual participants. This "fee" if you like, is payed in compensation of my time running this, and is a price for the convenience for not having to personally wory about GAS, or ETH conversions or any of that. I'll look after that, for 25% of the bounty (paid to @spinvest-leo)

Delayedwrapped LEO launch due to Uniswap Airdrop? A second opportunity to get in on the ground floor!