Why do we need Thorswap and Cacaoswap?

Remember me? Celsius

Bitcoin was always about permission less peer to peer transactions, no middlemen and a transparent, immutable, distributed digital ledger. And it delivered on that promise.
But many things in cryptocurrency aren't secure, aren't permissionless and aren't transparent.
That is a big reason why investors in Celcius, 3Arrows Capitol, Terra Luna, FTX, name your bad experience... lost their money.

But don't assume everything in crypto is like Bitcoin, most are not, and you will lose your money.
Bitcoin was always about permission less peer to peer transactions, no middlemen and a transparent, immutable, distributed digital ledger. And it delivered on that promise.

They represent the return of peer to peer swaps, decentralized exchanges, transparent, immutable, distributed digital ledgers and elimination of middlemen or 3rd party risk components has shown that the bright minds in cryptocurrency are slowly delivering the dream product.
There is still risk; you need to know the tokens are not scams, you need to know the platform is secure, you need to know how much it costs to transact and what token you need to transact.
You still need to Do Your Own Research to determine which of these decentralized products has the right balance of security, transparency, speed and cost for your needs.
But the reason for this article is that Cacaoswap is new and it presents a unique opportunity for Hive and Inleo Community members, because it gives us a chance for the first time to trade our tokens on a dex at the beginning when the big rewards and financial gains are made by initial investors.

The release and evolution of Thorchain, and the huge pump in its daily volume to number 12 on the decentralized exchange list are very encouraging.
The spinoff of similar but different Cacaoswap, and coming Azetecswap, all promise to deliver the dream goal of Bitcoin and all Crypto; Your Crypto, In Your Wallet or Controlled By Your Wallet, Secured by Your Keys, and free of third party risk.

This makes the w-Leo-Cacao trading pair especially interesting. It the Commuity on Inleo a chance to be part of the evolution of cryptocurrency financial ecosystem.
Thorchain, Maya Protocol, and Cacaoswap are an attemmpt to build a better version of DeFi.
They are attempts to make better versions of Uniswap, Pancakeswap, Polyswap, etc..
All efforts towards the ultimate goal; allowing users to use DeFi safely, and take part in the fulfillment of the economic dream of cryptocurrency.
Plus we get to be part of the history of the Inleo Community. The journey from Steemleo, to Leofinance, to Inleo, included wLeo-Ether on Uniswap, b-Leo on Binance Smart Chain (Cubfinance), p-Leo on Polygon (PolyCub) and now w-Leo on Maya blockchain via Cacaoswap a "friendly" fork of Thorchain. (A copy of Thorchain code repurposed to be complimentary to Thorchain, not competitive.)
Just remember that we who enter here are explorers in a new realm, and that has both great opportunities and great dangers. Invest only what you can afford to lose. If you go all in for big gains, remember the flip side is big losses. No risk and no reward. There's nothing wrong with whatever decision you make, but OWN IT. Take responsibility for the success and the failure, learn and keep moving forward towards your goals.

The Hive blockchain has zero transaction fees, 3 second transaction time, and proof of stake consensus.
Hive also has a Community DAO with a 25 million dollar DAO treasury paying developers and builders to build applications for the community.- Maybe your project should be here.

Hive Blog is a Social Media PlatformHive is a blockchain based social media platform where you own your content and you earn a cryptocurrency token when your readers like your content.
There are other applications on the Hive Blockchain, including other social media platforms like Inleo.io and Pay for Play games like Splinterlands and Pay for Move exercise or activity applications like Actifit.