Building With LeoFinance: Users & Devs Perspective

in #hive-1679222 years ago

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Hello, every one it's @Joetunex and @Josediccus here again, in today's session, we're completely starting off a new Leofinance series, that might span for three weeks. In this session, we talked about the impact of Leofinance as a project that has redefined the meaning of "second-layer",

while establishing the belief that, Hive can field or have successful second-layer projects that can give the blockchain a run for its money, contrary to what we've known about second-layer projects.

So, Leofinance has successfully created projects that are instrumental to onboarding and retention, while creating availability, a niche, and forming a strong community that spans beyond Finance, while creating inclusion.

This is to say that Leofinance has acted as a bridge between users and the Blockchain, with the current inclusion of Leothreads, we have seen a social expansion where knowledge and social interaction are simultaneously achieved.

In this podcast, we discussed the absence of the potential loop which might have been created if Leofinance was not on Hive. We believe that on the social aspect, Leofinance has been formidable, impactful, and valuable for Hive. However, we tilted to a different narrative towards the end of our podcast.


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Another great talk, and I must agree leofinance has been outstanding layer 2 on the hive blockchain. You guys mentioned pal network and how that didn't succeed, I still remember it. However leofinance has stood strong. I personally did learn so much info on DeFi two years back, I would read post after post. It was amazing and still is amazing with their new inclusion of leothreads. However, as Jose mentioned they shouldn't try to do too much at once instead they should keep improving on what is already available. So far the future looks bright for both Hive and Leo.
Thank you so much for sharing and keep enjoying your weekend :}

I would agree with you as well. Pal network was the first second-layer project on hive and it was formed by the splinterlands' CEO and it didn't live up to expectations. No matter the downsides of Leofinance, they've managed to establish the belief that second-layer projects can actually do well. They just need to do better in some aspects. For example, undertaking one project and finishing it to the letter.

Thanks for always watching and the feedback, we value it.

The success of PAL was short-lived, I benefited a bit from it by trading the tokens for Splinterlands assets.

There was more lacking from PAL to keep it serving the community regardless of the price of it and that is where Leofinance is doing great with the use case of finance-related content that has its members committed to the community.

I think Leofinance has a lot to offer, the potential is there. Personally, I think they should tackle a project at a time and develop it into a full product.

Many thanks for listening bro, much appreciated.

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