Leo Dex is finally live and to be frank, this is good news to leofinance and hive blockchain at large. It looks like the front runner in here that we see is the launching of Leo Dex but there is more to Leo Dex and what it stands to represent in addition to what it is capable of drawing inside the system of hive blockchain. In Addition to the joy of smooth swapping that the integration of Leo Dex has brought to hive users and more, there is another yet to mention advancement that this integration has or will bring to the entire hive blockchain. Leo Dex is more or like buy one and get one free. Keep calm and read through while i dissect more on this.
Long before now, there have been initiatives and slotted programmes targeted at letting the audience know more about hive blockchain and what is involved in it and this has been done for series under the umbrella of #Hiveadoptioncampaign. Hive adoption campaign is a campaign targeted towards the public to let them know of the existence of the best blockchain in the world currently and through the sofisticated communities added in it, more value are been added to the system.
The goal of hive adoption campaign is to firstly introduce web3 and its strong emergence and prevailance in the world currently and where hive blockchain comes to play in part in it. With the coming in of hive blockchain, interested users captured during the awareness gets to know more about crypto and some of its way-abouts and this on the other hand increase the adoption of crypto currency generally.
Leo Dex Integration Playing a Significant Role in Hive Adoption
With the integration of Leo Dex into the system of hive blockchain, a big door has been opened for hive blockchain and its methodology. Earlier before now we know about most of these exchanges not necessary we have more do with the development and tech teams that built the interface, front end and back end development but because of the need of the app and the trust we have in it pending its long standing record we are deeply engaged in most of these exchanges removing in mind that we don't actually gain that much from it outside of the swapping rather we compensate the owners through the gas fees they charge and life continues. This is just about the exchange.
Now with the integration of Leo Dex into the system and its link up with maya protocol, which of course there is a great number of people out there that don't know about the coins they swap and hive blockchain, then image through of process of swapping LEO or its wrapping with Cacao and one gets to know that this token can be getting for free when you sign up with a link provided and participate in the tasks underneath it, imagine the kind of response this will generate from this hundreds of people that is swapping through this and this number signing in on hive blockchain through the help of leofinance, indeed this is a great adoption.
Once these numbers of people signs in, first because they are crypto enthusiast, they will get to know more about the leofinance community and what it stands for,ask questions in the form of threads and gets attended to and as time goes on, they start the write-up processes, starts getting upvoted, engage through comments, threads and staking of tokens. With the continual routine of this, the number of monthly active users on hive blockchain automatically increases, paving way for engagement opportunities and introduction of news ideas to the system.
Firstly Leo Dex initiated the whole process, secondly hive adoption followed, thirdly there is an increase of monthly active users and the rest is history with a better impact to the blockchain.
Posted Using InLeo Alpha