Buying roughly 20k LEO as we approach the wLEO launch!

in LeoFinancelast month (edited)

Only a day away from the wLEO launch and I am only a few coins away from my 20k target

In case you haven't heard, wLEO is launching tomorrow, September 17th on uniswap.

More on that can be seen here:

This announcement has gotten quite a bit of fanfare, specifically because the founders of LEO are offering a bounty to those that chose to provide liquidity.

That bounty being 300k LEO for liquidity providers.

Which is no small number considering there is only a little over 5 millions currently in circulation.

For this reason I decided it makes financial sense to get involved as a liquidity provider and decided I wanted at least 20k coins.

So, I went out and started buying them yesterday:


That picture isn't as clear as I would have liked it to be, but as of now I have a little over 18k total with about 17.5k liquid.

I will be looking to add to that total today for those of you that would like to lighten their LEO holdings into the wLEO launch. :)

If you are going to participate as a liquidity provider, keep in mind that you will need an equal value of ETH (in USD terms) to match your value in LEO.

For example if you have $2k in LEO that you are going to use to provide liquidity, you will need a corresponding $2k in ETH as well.

Tomorrow will be very interesting in terms of the price of LEO...

Will you be participating?

Stay informed my friends.


Posted Using LeoFinance


You made the right choice. Enjoyed our discussion in the comment section last time

I did as well. Just wish I had picked up more, sooner!

It's a good thing to dig deeper from time to time ;)

Yep, I assumed it had a large supply like hive/steem, but when I saw 5 million coins, that was the game changer for me. It's valued around $500k currently and it wouldn't take much buying to get that up around $5-$10 million market cap.

One thing is no doubt true: Tomorrow will be an interesting day.

Posted Using LeoFinance Beta

What's your prediction in terms of the price?

I expected large spikes and dips....but would not guess on the direction of trend.
A true Terra incognita

Ha yes there you go. I suspect we will see the price go up, but that will only be if we get the word out there about it to enough of these yield farmers...

oh well
I guess the price will be very very very interesting to watch

Spike or drop?

should spike ideally, as a lot of liquidity from ethereum comes over to Leo but you never know.


See how it goes these next few days...

I also bought 20k know, just in case :-)

Ah so you were one of those buyers these past few weeks as well. I was wondering who was picking up that LEO! :) It will be interesting to see where things go these next few days. Either way though with the current market cap down around $500k, it's almost too cheap not to play.

good idea guys to get wleo, congrats friends.

Thank you. We will see how it goes.