Key Takeaways:
- Leonicorn Swap announced Jan. 4 as the launch dates of Merge Day.
- LEON price jumped around 10% to trade at $0.00200253 on the day.
LAGOS (CoinChapter.com) — Leonicorn Swap a decentralized exchange (DEX) built and operating on the Binance Smart Chain (BSC) has announced an important timeline and dates of events prepared for 2023.
In detail, the decentralized exchange via a tweet from its official Twitter handle announced Jan. 4 and Jan. 5 as the dates of the much anticipated Leonicorn Merge Day and Leonicorn launch day respectively.
The decentralized exchange noted that on the Merge Day investors can start staking in the liquidity pool. Consequently, after staking begins the first den payout is scheduled to commence on Jan. 12 and this will continue taking place every 72 hours.
Leonicorn Swap also highlighted for unique staking pool for customers to stake their funds. The single staking pool for the LEON merge and launch day will commence on Jan. 4 and Jan. 5, allowing customers to earn 85% and 35% interest respectively.
Furthermore, staking pools tagged Meat (farm), Caves (pools), and LP staking (liquidity pool) will also be available for investors. The pools will boast 20%, 15%, and 20% rewards respectively. Notably, Leonicorn Swap saves users from having to swap ERC20 tokens from a DEX platform with high trading fees.
LEON Token Price Surges 15%
Meanwhile, following the release of Leonicorn Swap’s proposed timeline of events, its native token LEON jumped around 4% on the day to trade at $0.00401757, according to data from Coingecko.
Impressively, the token market cap has also surged by almost $3,000,000 in the last 24 hours. And it is important to note that while the entire crypto market sits in the red zone LEON has surged by 15% in the last seven days.
Furthermore, at the time of publication, LEON has a 24-hour trading volume of $40.75. It also has a circulating supply of 4 billion LEON coins and a total supply of 4096526500.4. The decentralized exchange also noted that with the current impressive growth 2023 will be the year of its boom.
5 Factors That Make Leonicorn Swap DEX Stand Out
Going further it is important to state that Leonicorn Swap has been growing remarkably in the crypto space. The exchange introduces to the cryptocurrency industry new and advanced features that let Leonicorn Swap users earn and win tokens.
Among the notable features include operating based on the Automated Market Makers (AMM) model and a non-fungible token (NFT) marketplace. This has helped blockchain teams build innovative platforms to allow users to trade crypto and give them full control over their funds and investment decisions.
Leonicorn Swap is truly decentralized with the most user-friendly, efficient, and secure cryptocurrency solutions leveraging blockchain technology. However, several key functionalities set it apart from other blockchain platforms in the crypto space.
1. Extensive Liquidity Pool
Leonicorn Swap’s DEX aggregators offer a large pool of liquidity to traders who wish to exchange a large number of digital tokens. Many other decentralized platforms lack liquidity and make it difficult to convert a significant position quickly. However, it can be achieved through Leonicorn Swap’s DEX aggregator by finding the liquidity required to exit a position without incurring excessive slippage.
2. Better Value and Availability
The DEX aggregators provide a better price than every single DEX platform out there. The architecture of the DEX aggregator is designed to help traders. It also allows them to fill trades at the highest possible level at different liquidity pools.
3. Availability of Multichain Swap
The Leonicorn Swap DEX aggregator allows users to swap tokens across 20 different chains from a single dashboard. So users don’t have to travel through different DEXs. Because all tokens from various blockchains are available with high liquidity from a single dashboard.
4. Extra Privacy Layer
As a proper DEX aggregator, no KYC verification is needed for using Leonicorn Swap, which makes it possible for users to keep their identities hidden and remain anonymous. No ID verification and no paperwork are needed. All of this reduces unnecessary hassle for users, which includes remembering or keeping a note of their credentials.
5. More Control on Funds
Leonicorn Swap’s DEX aggregator adds a layer of privacy in crypto trading. Users of this DEX aggregator will have more control over their funds. A centralized exchange can be hacked and all users’ funds can vanish in the blink of an eye. However, DEX aggregators require a decentralized wallet, which is the safest. Verification and security are also controlled and maintained by users.
