@khaleelkazi's thread

Yeah it will all be a function of what people want

Growing LeoDex is my 110% priority. The trading markets for crypto are a multi-billion per day Total Addressable Market

LeoDex can be the everything DEX that beings millions of USDC to the sLEO contract every year. Imagine if you have 100k sLEO and the total sLEO staked is 15M. You’d be earning 0.66% of the daily USDC

THORSwap makes over $2M USDC per year with honestly a pretty bad product (they update it very infrequently, bugs, no cool features added). Just from TC by the way - doesn’t include other protocols which they also have and make hundreds of $k per year (possibly more).

If LeoDex even just surpassed Thorswap’s $2M volume, you’d get 0.66% or $5,819 per day ($2M per year / 365) = $14,018 per year. At current LEO prices, that’s over 100% yield (100,000 LEO = $11,000).

$2M per year is scratching the surface btw. This is without perps and derivatives