Altruistic Behaviour of LeoFinance improves its host blockchains

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(Edited)

The recent developments and advancement in the LeoFinance ecosystem would be better explain in the context of its existence as an organism. The growth and advancement in the system shows its dynamism and makes it stand out in the company of other blockchain and cryptocurrency communities. Right from 2020 march when development began to take a full swing in the LeoFinance community, leading to several improvements in its service delivery, it was obvious that this could be the catalyst that would trigger mass adoption of Hive blockchain.

As powerful as the Hive blockchain infrastructure could be in terms of speed, fee-less transactions and scalability, the true value of the Hive blockchain would be harnessed through the effectiveness of the various communities that host in it. We're sure that several communities are coming in the future and we'll have hundreds of corporate outfits defining its blockchain reaches here.

You'll agree with me that not all the communities leveraging the Hive code are truly giving back value to the blockchain in a way that commensurate with what it draws from Hive. Glad that one can create a tokenized community that would un into millions of dollars worth of profit without running a single code. @leoFinance has been different. From building tools to enhance the use of the Hive blockchain, to onboarding facilitation and reward initiatives to cross-chain linkage creations among other lofty innovations that the community exhibits. It wouldn't be out of polace to call it an Altruist community.

Against the feature of a parasite which receives support, advantage, or the like, from its host without giving any useful or proper return, LeoFinance has proven time and again its Altruistic Behaviour.

Altruist is an unselfish person
a : an unselfish person whose actions show concern for the welfare of others Kim signed up with Compass, a District-based group that serves the growing number of altruists who donate not only time and money to charity and the arts but also their professional expertise. Merriam Webster

The above definition of an Altruist really fits with the present roles played by LeoFinance in the Hive blockchain as well as other blockchains it links to.

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PolyCUB's plan to lock HBD and Hive in Polygon, pitches Hive for High demand

Reading @taskmaster4450's post covering proposed liquidity for HBD and Hive on Polygon courtesy of LeoFinance's PolyCUB was really encouraging and interesting. This defines foresight and a hge prowess in creating more blue ocean innovations by the LeoFinance team.

On the most recent AMA by the Leofinance team, we got some major news. Khal announced they are going to set up liquidity pools for both HIVE and HBD on Polycub. This will put both token on the Polygon network.

The above quoted part of the post was my best take and it is interesting to see how LeoFinance is drawing out a new culture for Hive communities. This examples the true community effect that was the intention which was to help improve the lots of Hive in terms of adoption, patronage and BUIDLing. Indeed, we can see the direction that the LEO ecosystem would be adding value to Hive.

You just got to grind that post by Taskmaster and see how HBD and Hive pools would better the lots of $Hive and $HBD. Certainly, we see a future where Hive would become a scarce commodity as more crypto enthusiast gets to access $HIBD with its huge potential in stablecoin returns. This would happen once millions of HBD are locked in pools outside of Hive.

Not just for Hive

Through LeoFinance, Hive now links to Three blockchains so far: Ethereum, Binance Smart Chain, Polygon with others in view. Moreover, the Leobridge makes it easier for assets on different blockchain to be converted to another chain with ease.

I personally wouldn't have invested in BSC talk less of Polygon. However, through LeoFinance, I become an added user to the holders of the Polygon assets such as MATIC. Indeed, a good number of members of the LeoFinance community on Hive who are the frontline supports of the PolyCUB project are now holding MATIC and getting to know other assets in the Polygon blockchain as they engage https://polycub.com/.

With the present development, any blockchain that LeoFinance now bridges to via its DeFi product would earn millions of new users and asset holders courtesy of LeoFinance.

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LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

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What is Hive?

Hive is an innovative and forward-looking decentralized blockchain and ecosystem, designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning-fast processing times and fee-less transactions, Hive is positioned to become one of the leading Web3 blockchains used by people around the world. source

What is Hive-Engine?

Hive-Engine is a smart contract platform on top of the Hive blockchain. It allows communities and businesses to build their own tokens, which are then built on top of the technology provided by Hive. This is the ultimate layer 2 solution. The token created on Hive-Engine is then immediately tradable with Hive on their exchange.

About me...

I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.

I am your favourite Hive Tribes Promoter and Curapreneur!
I am @Uyobong.
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