It’s not about having much LEO power (LP) anymore. It’s about owning the real machine for wealth accumulation
When the candles flashes green lights and Lions uncork champagne for LEO reaching new all time high, the community drunk on price, speculative investors cheer, and adjust their strategies, for a re-entry for a new position. But these experiences are only a distraction that can keep your eyes only on price going up, while the real wealth accumulation happens behind the stage. While the speculative investors celebrate price increase, they miss out on the actual alpha, the decentralized money printing machine: Leodex sLeo staking.
It’s no longer news that Leodex sLeo staking has gone live and it's becoming the new oil well. With just a day of its rewards paying out, sLeo stakers are already in the wealth accumulation mode, an infinite system of money printing in a decentralized platform.
LeoDex sLeo staking is not just a decentralized finance product, it's a money printing machine and the most essential element in the Leo economy. It's the economic engine that opens the door for everyone to build wealth in a decentralized manner with minimal effort.
As a decentralized money printing machine, you decide how much money you want to print, which is measured by the amount of sLeo you stake. Rewards are dripping out by the minute and stakers can decide to claim them or allow them to accumulate for some days before harvesting.
Interestingly, the rewards are payout in USDC, a currency equivalent to the USD. This means stakers wouldn't have to go through additional swapping and fee payment if they want to cash out their rewards. sLeo stakers are already sharing testimonies of their rewards with screenshots flying around on thread every minute. This is revolutionary and anyone who is serious about building wealth in a decentralized manner needs to plug into it fast.
The Defi space needs a reliable, dependable and solid system of wealth accumulation, Leodex sLeo staking answer this call. With up to $4M in volume a month and Perpetual futures launching on Leodex very soon, tens of millions of dollars in volume leading to hundreds of thousands dollars in yearly fees payout as USDC for sLeo Stakers, the wealth accumulation journey with LeoDex looks enticing already.
The sustainability of LeoDex sLeo staking is solidified by LEO robust tokenomics and growing ecosystem. Unlike most Defi platforms that offer unsustainable APRs and eventual decline and total collapse, LeoDex sLeo staking model is built on real trading fees and actual market activities. This makes it a self-sustaining system where increase in trading volume naturally leads to higher staking rewards, good for long term participation rather than short-term speculation.
For those interested in staking LEO on LeoDex sLeo staking pool but are concerned about the learning curve, the staking process is simply straightforward. LEO holders on Hive engine can simply bridge their LEO to Arbitrum Chain using the weleo bridge and then convert to sLeo on LeoDex on 1:1 rate, and then stake the sLeo tokens with just a few clicks. Others who want to acquire LEO for the first time, can simply swap any other assets to LEO on LeoDex and get sLeo for staking. The LeoDex intuitive interface makes reward tracking and claiming a seamless experience for both Defi veterans and newcomers in this wealth Building opportunity.
Remember that LeoDex is a multichain decentralized exchange platform hosted on Thorchain. This means that anyone with any asset from multiple blockchains can use the platform for cross chain swap and trading, making it open for anyone to participate.
Moreover, the integration of perp futures on LeoDex will be the game changer for sLeo stakers. As the platform trading offerings expands, the potential for increased trading volume leading to higher staking rewards becomes even more promising. This development positions sLeo staking not just as a staking opportunity, but as a money printing machine, and a growing source of passive income in the Defi space.
For more details about LeoDex and sLeo staking, check out the platform team's recent blog post here .
Posted Using INLEO