The trading industry has come a long way thanks to emerging technologies that have helped shape how buyers and sellers interact. In the last decade, innovations like cryptocurrencies and decentralized finance (DeFi) have brought a new era of trade commonly referred to as the digital financial markets tradition.
These innovations have helped eliminate various tedious processes that were commonly found within the traditional financial market. One such innovation is the Automated Market Maker (AMM).
Automated market makers are decentralized exchange platforms that enable crypto assets to be traded automatically, without any permission, by liquidity pools.
This is an advanced feature, as opposed to the traditional market that was using buyers and sellers. AMMs also rely on mathematical formulas to determine the price of assets.
This is much better than the initial method that relied on the forces of demand and supply with automatic market makers.
You don’t have to be there to do the trading as a system can do the trading for you. This has been a game-changer in the decentralized exchange scene, helping traders to make more money quickly. In addition, traders can trade in the background as they work on other hustles.
Rise of the Leonicorn platform
Since automated market makers are convenient and efficient, They have become the primary trading method in the blockchain and Defi ecosystem. This has, in turn, led to many platforms that do the same. And one of the major platforms is the Leonicorn Swap Platform.
Leonicorn platform is an advanced decentralized exchange platform That automatically does trading without authorization. In addition, the platform is equipped with advanced NFT features, Initial DEX offering (IDO) or Initial Farming Offering (IFO) models, Lottery, and many other features.
It is a one-stop platform whereby traders can trade and gain liquidity for their projects.
The platform users can trade and raise funds for their projects Through IDO or IFO models. It has a user-friendly interface that is easy to use, even for amateur traders.
The platform uses a deflationary token model, whereby 2% auto staking rewards goes to all yield holders, and 1% of the token is burned in every transaction. It has a market cap of 120 million, which when reached there will be no more burning.
Leonicorn public sale
The Leonicorn platform is planning a public sale. That is said to happen between June 25 to June 30. They still will be based on smart contracts. The platform intends to do a maximum of $3,000 and a minimum of $50 for sale. The public sale price is $0.05. Interested participants will be required to fill a whitelist form, after which they will be contacted through email with instructions. The Hhardcap of the sale has been set at 4.2 million, which is 40% of the entire tokenomy.
All the remaining tokens will be burned after the sale.
The Leonicorn token
Like many projects based on the blockchain, the Leonicorn platform will be fueled by the Leonicorn swap token.
They’ll be a total of 105 million tokens in the market, of which 40% will be sold in the public sale, 10% will be sold privately, 10% will be for reserved Funds, and 30% will be shared equally to liquidity.
Traders have the chance to swap and increase liquidity to any of their pairs on the platform by holding the LEOS token. To buy or sell NFT, you will need to have the LEOS token.
Users can use the hunting pools to earn an additional income by staking or farming their tokens.
When you hold the token, You can get a 2% yield, and you are assured of the price going up with time.
Unique features of the Leonicorn platform
The platform will use the Binance Smart Chain because of the low transaction cost structure to make the costs down. The Binance Smart Chain charges as low as 1%, which is affordable.
It is also fast and efficient, which is convenient for developers.
The platform uses the Dual chain architecture. Since its dual chain, traders can move their digital assets across the various blockchain networks.