How to Bridge LEO Across Chains Using LeoDex

Here's a quick tutorial on how to bridge LEO across blockchains using LeoDex. The LEO token is natively an Arbitrum token and has a max supply of 30M tokens that have been fully issued through a fair launch using our INLEO social media application.

LEO is on Arbitrum but there are other forms of "Wrapped LEO" that live on other blockchains.

bLEO is LEO on BSC and is listed on Pancakeswap. Paired as bLEO:BNB.

pLEO is LEO on Polygon and is listed on Sushiswap. Paired as pLEO:MATIC.

LEO is LEO on Arbitrum and is listed on Maya Protocol. Paired as LEO:CACAO.

These bridged versions of LEO allow us to tap into other blockchains and be listed on a multitude of DEXes. The LeoBridge that connects them is protocol-operated and collects a 1.5% Bridging fee on every TX. This Bridging fee is burned by the protocol which means that it creates deflationary pressure on the LEO supply over long time frames.

For example, if 1,000,000 LEO is bridged from bLEO to LEO on Arbitrum a total of 3% in fees was charged on those bridge TXs. That's 30,000 LEO that is burned permanently from the LEO supply.

Over long timeframes, this has a dramatically positive effect on the LEO Token as future selling pressure is reduced by way of removing tokens from circulation permanently.

If you have any questions, don't hesitate to jump in the LEO Discord and ask for help! https://discord.com/invite/8TEthdTmnZ

Posted Using INLEO