create account

LEO's Continued Adoption Of Ethereum Has Far Reaching Upside by chekohler

View this thread on: hive.blogpeakd.comecency.com
· @chekohler ·
$9.77
LEO's Continued Adoption Of Ethereum Has Far Reaching Upside
Hey Leo's

The now infamous hack of wLEO has been the talk of the community for some time now and while the strong hands of an investment community like this aren't easily rocked, and the sentiment has been overwhelmingly positive, which really speaks to the type of people getting involved in this project. While the LEO community is still small, the knowledge and bullishness and the view of a long term are pretty awesome to watch and be a part of as there is so much upside still to go.

I've been reading the banter in various chats and comments and reading posts, I try to curate and engage with fellow LEO's, and I've learned a fair bit from the use of the platform. Since most of my content is heavily finance-based, this place has suited me like a glove.

The foray into wLEO and Uniswap liquidity pools gave us a view into what LEO's tokenomics policy can do the tokens get a new use case and having only 1 extra use case saw an 8x gain at a price of around $0.25 or so ATH.

The move to ETH allows LEO to tap into a whole new set of supporting use cases as ETH has so much support from various ecosystems such as:

![ALLY JANE 1.png](https://images.hive.blog/DQmNnUyqjru8WNFuxB76jq6tZiowpUobyFDmT7xAD3oqfWa/ALLY&%20JANE%20(1).png)

## Exchanges

Each exchange that lists LEO or wLEO would require liquidity for traders to swap between whatever pairs they make available. Each exchange listing exposes LEO to new traders pull in new liquidity drive daily trade volume and extract tokens from the main chain putting continuous pressure on liquidity minted by the main chain each day. 

With so many DEX's and CEX's providing support for ERC-20 tokens the amount of listings LEO could pursue from smaller exchanges is far too many to count at this point. The continuous adding of exchanges presents one method of expanding the LEO ecosystem. 

## Hot wallets and cold wallets

Next up would be [hot wallets](https://www.nichemarket.co.za/blog/money-talks/hot-wallets-store-cryptocurrency) like Jaxx, Edge, BRD and Atomic Wallet to name a few, while Tezor and Ledger as popular cold wallets. Getting support on wallets allows you to tap into the casual HODL'r marketing, pulling more tokens off the main chain and competing for reward and also a new way to pull liquidity out of exchanges as well as the main chain. 

Having tokens available in long term storage puts even more pressure on liquidity that could move the price upward. 

## Investment platforms

Finally, investment platforms like Celsius Network, Crypto.com, BlockFI and other DE-FI platforms provide a new use case to earn, encourage HODL'ing of the coin, tap into a new range of investors and create a new level of demand for the token.

## Pulling out liquidity 

Each time a new use case and platform is added it continues to put pressure on liquidity if LEO can build out such an ecosystem over the next few months and years any price prediction you run now would be undershooting the possibilities. 

If you look at the value of many ETH tokens that don't even have half of a working product but are in these platforms, you'll see how strong an effect it has on a tokens price. 

LEO has so much upside potential, and this does not even count the additional uses it could bring from traders, wallet users and exchange users that would flock in wanting to know more about where this token comes from and how it can be used. 

The more exposed the token becomes with the help of the various uses of LEO would do more than many marketing campaigns would. It would then hopefully encourage users to follow the path back to the site itself. 

This would create a healthy flow of tokens in and out of the system.

## Have your say

What do you good people of HIVE think? What other use cases would you like to see for LEO?

So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."

## Let's connect

If you liked this post, sprinkle it with an upvote or esteem and if you don't already, consider following me @chekohler  and subscribe to my [fanbase](https://hive.vote/dash.php?i=2&fan=chekohler)


| Browse & Earn Crypto | Stack Sats For Free | Earn Interest On Crypto |
| -------- | -------- | -------- |
| [![brave.jpg](https://files.steempeak.com/file/steempeak/chekohler/EHElavd8-brave.jpg)](https://brave.com/nic688) | [![EarnSats.jpg](https://www.earnsats.co/banners/250x250.gif)](https://www.earnsats.co/?r=thinkerreborn)| [![cryptocom.jpg](https://files.steempeak.com/file/steempeak/chekohler/YXJUY7oD-cryptocom.jpg)](https://crypto.com/app/7svdqvmqx6)| 

<hr>

[![celciusnetwork.jpg](https://files.steempeak.com/file/steempeak/chekohler/fh3Eg5v4-celcius-network.jpg)](https://celsiusnetwork.app.link/175623c5f1)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@chekohler/leo-s-continued-adoption-of-ethereum-has-far-reaching-upside)
đź‘Ť  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 73 others
đź‘Ž  ,
properties (23)
authorchekohler
permlinkleo-s-continued-adoption-of-ethereum-has-far-reaching-upside
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["tokenomics","altcoin","cryptocurrency","crypto","leofinance","palnet","neoxian","ctp","ethereum","de-fi"],"links":["https://www.nichemarket.co.za/blog/money-talks/hot-wallets-store-cryptocurrency","https://hive.vote/dash.php?i=2&fan=chekohler","https://brave.com/nic688","https://www.earnsats.co/?r=thinkerreborn","https://crypto.com/app/7svdqvmqx6","https://celsiusnetwork.app.link/175623c5f1"],"image":["https://images.hive.blog/DQmNnUyqjru8WNFuxB76jq6tZiowpUobyFDmT7xAD3oqfWa/ALLY&%20JANE%20(1).png","https://files.steempeak.com/file/steempeak/chekohler/EHElavd8-brave.jpg","https://www.earnsats.co/banners/250x250.gif","https://files.steempeak.com/file/steempeak/chekohler/YXJUY7oD-cryptocom.jpg","https://files.steempeak.com/file/steempeak/chekohler/fh3Eg5v4-celcius-network.jpg"]}
created2020-10-16 21:19:00
last_update2020-10-16 21:19:00
depth0
children13
last_payout2020-10-23 21:19:00
cashout_time1969-12-31 23:59:59
total_payout_value4.987 HBD
curator_payout_value4.785 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length4,878
author_reputation524,332,427,393,665
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries
0.
accountchekohler
weight1,000
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id100,133,628
net_rshares40,915,601,005,817
author_curate_reward""
vote details (139)
@behiver ·
$0.02
We need to catch a big exchange as soon as possible in my opinion. Uniswap is on hold for the moment and Hive-Engine just doesn't cut it. And with Ethereum bridge we will get more users and they need one way to exchange pretty fast and with a small gap between sell and buy prices and increased liquidity. Hopefully we can see this materialized short term, otherwise will hold us back.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@behiver/re-chekohler-3eunlg)
đź‘Ť  
properties (23)
authorbehiver
permlinkre-chekohler-3eunlg
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"]}
created2020-10-17 09:32:21
last_update2020-10-17 09:32:21
depth1
children3
last_payout2020-10-24 09:32:21
cashout_time1969-12-31 23:59:59
total_payout_value0.010 HBD
curator_payout_value0.011 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length492
author_reputation384,050,509,698,076
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,138,446
net_rshares154,084,269,877
author_curate_reward""
vote details (1)
@chekohler ·
A big exchange would be a great win, but I think picking up these smaller exchanges would be good practice, there are places like Hoo and Nexdex that have already listed Appics, which is nowhere near as good as LEO so why not list LEO too? 

I think each exchange no matter how small ads to the market making of LEO and allows people to want to arbitrage there as they can make gains between the various exchanges.

Most of the big exchanges are only big due to their ability to market makers and wash trade and there's not actually that much upside that would make worth spending to get listed. I say build up momentum and let them list you organically.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@chekohler/re-behiver-2jidbg)
đź‘Ť  
properties (23)
authorchekohler
permlinkre-behiver-2jidbg
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"]}
created2020-10-17 12:12:57
last_update2020-10-17 12:12:57
depth2
children2
last_payout2020-10-24 12:12:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length761
author_reputation524,332,427,393,665
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,139,628
net_rshares1,988,938,061
author_curate_reward""
vote details (1)
@trumpman2 ·
any idea if they have listed a pegged version or the native steem engine appics?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@trumpman2/re-chekohler-6pciqu)
properties (22)
authortrumpman2
permlinkre-chekohler-6pciqu
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"]}
created2020-10-17 17:35:09
last_update2020-10-17 17:35:09
depth3
children1
last_payout2020-10-24 17:35:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length189
author_reputation5,858,943,164,533
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,142,938
net_rshares0
@forexbrokr ·
$0.02
While wLEO opens the token up to being able to integrate with Ethereum dApps, I still want to see subscription services integrated on the Hive blogging front-end.

The ability to monetise premium content through subscriptions will attract quality, outside authors and course creators.  

Readers can then use the LEO they've earned for free (or bought off the market to speed up the process) to access premium content.

In my opinion, the Hive rewards model has so much potential if a premium subscription service is integrated.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@forexbrokr/re-chekohler-3vsyh7)
đź‘Ť  ,
properties (23)
authorforexbrokr
permlinkre-chekohler-3vsyh7
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"]}
created2020-10-17 00:36:42
last_update2020-10-17 00:36:42
depth1
children1
last_payout2020-10-24 00:36:42
cashout_time1969-12-31 23:59:59
total_payout_value0.012 HBD
curator_payout_value0.012 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length638
author_reputation423,122,348,693,842
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,135,374
net_rshares167,856,859,148
author_curate_reward""
vote details (2)
@chekohler ·
I do like that idea I think peakd has it somewhere on their future development roadmap! I would like to see that and confidential transactions 

So let’s say I want to paywall my content I would have to BURN 1 HIVE for example to encrypt it and any time I need to make changes to the content! This means the user commits a small portion of the inflation to securing his or her content and an investment in the chain 

Then they can earn from subs paying to unlock the content as per normal! I just think that certain services need to be made paid services and let’s say if you staking 5000 HIVE you don’t need to pay the encryption fee! 

Then we have an incentive for creators to HODL and not dump every time they earn or burn some supply to earn which I think creates a healthy token use 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@chekohler/re-forexbrokr-3khkns)
properties (22)
authorchekohler
permlinkre-forexbrokr-3khkns
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"]}
created2020-10-17 05:48:12
last_update2020-10-17 05:48:12
depth2
children0
last_payout2020-10-24 05:48:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length900
author_reputation524,332,427,393,665
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,137,272
net_rshares0
@nickyhavey ·
$0.02
I just updated my ledger earlier and saw that they are enabling swaps now so that plays pretty nicely into cold storage options you mentioned. 

Have to say, the Leo folks are leading the way with the developments and projects they are working on (even after the wleo incident) - I just nabbed some more about 1.1:1, which seemed like a good deal! 
đź‘Ť  ,
properties (23)
authornickyhavey
permlinkre-chekohler-qibgli
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2020.10.5"}
created2020-10-16 22:46:33
last_update2020-10-16 22:46:33
depth1
children4
last_payout2020-10-23 22:46:33
cashout_time1969-12-31 23:59:59
total_payout_value0.012 HBD
curator_payout_value0.012 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length348
author_reputation343,022,660,476,683
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,134,414
net_rshares169,751,629,509
author_curate_reward""
vote details (2)
@chekohler ·
That’s awesome I only keep BTC in my legder though I wouldn’t want to corrupt it with other coins lol if I ever wanted to store other coins long term I’d ger a seperate one but that’s just me! 

I have been reading about RGB which would allow you to mint NFT and tokens on the lightning network which is would make a legder even more tasty once that’s live 

Like super fast transactions, DE-FI and assets on BTC layer 2, id be living the dream

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@chekohler/re-nickyhavey-4nc4dr)
properties (22)
authorchekohler
permlinkre-nickyhavey-4nc4dr
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"]}
created2020-10-17 05:42:15
last_update2020-10-17 05:42:15
depth2
children3
last_payout2020-10-24 05:42:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length554
author_reputation524,332,427,393,665
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,137,247
net_rshares0
@nickyhavey ·
Haha, it's just the app you have on your Ledger, as long as you have the seed phrase, you're fine! But I do like the look of the family bundle of Ledger Xs...

I haven't come across RGB before but I think it's only a matter of time before we can start doing even more with the Ledger, these guys are on it! You and me both living the dream - defi BTC on the ledger earning us sats in our sleep. I'm in!
properties (22)
authornickyhavey
permlinkre-chekohler-qic966
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2020.10.5"}
created2020-10-17 09:03:54
last_update2020-10-17 09:03:54
depth3
children2
last_payout2020-10-24 09:03:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length402
author_reputation343,022,660,476,683
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,138,282
net_rshares0
@taskmaster4450le ·
$0.02
There is huge potential by accessing different blockchains.  Ethereum is just the first.

While wLEO stalled out, for now, the new metamask sign up is in place plus the ability to swap LEO for ETH (or the other way around) is also there.

All of this is a big step forward.

I think we see similar additions to EOS, TRON, and maybe Cardano.

LEO is going to be able to access users from most of the blockcahins.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@taskmaster4450le/re-chekohler-pgctb)
đź‘Ť  ,
properties (23)
authortaskmaster4450le
permlinkre-chekohler-pgctb
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"]}
created2020-10-16 22:27:06
last_update2020-10-16 22:27:06
depth1
children1
last_payout2020-10-23 22:27:06
cashout_time1969-12-31 23:59:59
total_payout_value0.010 HBD
curator_payout_value0.011 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length526
author_reputation1,745,809,751,701,092
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,134,236
net_rshares154,573,282,206
author_curate_reward""
vote details (2)
@chekohler ·
I would like to see that too, minting on EOS, TRON and ADA and they can be added to that wallet support 

I think wallets also need to become more dynamic so let’s say you have a JAXX hot wallet or even the LEO site wallet and you had LEO it would show you which type you have the EOS one the ETH one or the original one and you’ll be able to swap in wallet between the various chains pay a fee and then go on to use the dapps you want to use 

That’s going to open up all kinds of paths in and out of this ecosystem and thats where the fun really starts 

I cracked my 5k LEO goal fast approaching 10k staked and I’ll keep pushing my luck as long as I’m allowed to 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@chekohler/re-taskmaster4450le-mecwm)
properties (22)
authorchekohler
permlinkre-taskmaster4450le-mecwm
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"]}
created2020-10-17 05:51:57
last_update2020-10-17 05:51:57
depth2
children0
last_payout2020-10-24 05:51:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length781
author_reputation524,332,427,393,665
root_title"LEO's Continued Adoption Of Ethereum Has Far Reaching Upside"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id100,137,288
net_rshares0