When wLEO launches, providing liquidity to the Uniswap liquidity pool is an essential way to grow the usage and volume of Wrapped LEO on Ethereum. By having deep liquidity reserves on Uniswap, we open up the door to new wLEO investors and create a self-reinforcing cycle of having new wLEO buyers who then turn around and provide additional liquidity to the pool. We saw a somewhat muted launch for wHIVE. The primary reason is that there weren’t any liquidity pool (LP) incentives in place. Most successful Uniswap token listings include some sort of additional “bonus” in terms of LP incentives. LP incentives are vital to a successful launch on Uniswap because the initial volume is likely to be low until you get deep liquidity reserves. As we mentioned in the announcement post of the wLEO token: this is a classic chicken and egg problem. If you don’t have a deep liquidity pool on Uniswap, then you won’t get much trading volume. If you don’t get much trading volume, then the rewards for being a liquidity provider are extremely low. If the rewards for being an LP are extremely low, then there is no reason to be a liquidity provider to that pool as you can turn to others where the rewards are better. An LP incentive bonus is the solution to this problem. By having an initial bonus period — think of it like an early bird special — you give people an incentive to become an early liquidity provider to a pool that doesn’t have a lot of liquidity/volume yet. Show Notes: https://leofinance.io/hive-167922/@khaleelkazi/xmmbotgy --- LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized blogging platform (https://leofinance.io) allows users and creators to engage and share content on the blockchain while earning LEO token rewards. Join Our Community and Earn Crypto Rewards for Your Content: https://leopedia.io/onboard Socials: - Twitter: https://twitter.com/financeleo - Medium: https://medium.com/@leofinance - Reddit: https://www.reddit.com/r/LeoFinance - Apple Podcast: https://podcasts.apple.com/us/podcast/khaleelkazi/id1466486814?uo=4 - Spotify: https://open.spotify.com/show/636829JegiuHF8f2h0s9RZ ... https://www.youtube.com/watch?v=9vcH3UWHHHk

We have a need. A need for diversification. I just had a conversation on Sunday about markets at all time highs, irrational greed and the potential impact of the Corona Virus and other global market factors. In the conversation, I was asked what I would do if I was holding stocks for the long-haul — 10+ years — in an environment when prices seem irrational and greed is continually mounting. My answer: sell small %’s on the way up and diversify into things that might do well in a potential bear market. This is what I’ve been doing since the start of 2020. Moving my long-term positions around (in very small chunks) into things that hedge against the risk of a potentially major correction in the markets. https://steemleo.com/approachtodiversification ------------------------------------------ Links Mentioned: https://www.tradingview.com/chart/ (Charts for S&P500, Gold and Bitcoin) ------------------------------------------ Our Community: https://steemleo.com is an online community for crypto & financial content creators, powered by the LEO token economy. - Learn more about our community at https://steemleo.com/faq. - Trade Steem-based tokens on Leodex at https://dex.steemleo.com. - Buy & Sell Digital Products and Services with STEEM & LEO on the Leoshop at https://shop.steemleo.com. ... https://www.youtube.com/watch?v=SZheCn42xp0