RE: How to participate and earn cryptocurrency tokens in the new listing of wleo (now aLeo) on Cacaoswap.
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via a section of the Cacaoswap webpage called PROVIDE LIQUUIDTY.
CacaoSwap does not have liquidity pool features yet. Hopefully will be added soon, but for now LP can be managed through a number of different front-ends like El Dorado or Thorwallet DEX.
you could also deposit asymmetrically into the wLEO-CACAO pool to eliminate a step if you're comfortable with potential slippage.
i highly recommend reading through all of my Maya Protocol related articles.
https://inleo.io/@l337m45732/getting-started-with-maya-protocol-wleocacao-listing
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Thank you @I337m45732 for the feedback.
I changed the word LIQUIDITY POOLS to POOLS to match what is available at CACAOSWAP.
Have you deposited in the POOLS before?
Do you know if we receive Pool Depositor tokens after we deposit funds in the pools at Cacaoswap?
Thanks.
yeah, I've been in Maya liquidity pools since launch over a year ago. you don't receive LP tokens like you do when providing liquidity on something like uniswap.
native funds are deposited and linked to your wallets.
Please explain how you unwind your Thorchain Lending position. If I deposit 0.1 Bitcoin worth 6500 and Borrow 1/2 it's value 3250 in USDC, and the price of Bitcoin goes to 13000, do I have to repay the 3250 before I can access any of the BItcoin in the Vault? Or can I now with draw 1/2 of it as it becomes excess collateral?
I've not used it. Maybe @khaleelkazi can drop some knowledge
Okay, thanks.
I asked this to some people on TC bc I haven't unwound a loan yet
They told me there is 1 TX in 1 TX out type of management for vaults
So basically, you open a loan and the only management you can do is close the entire loan. So you'd have to pay the entire 3250 and then get back all of your BTC afterwards
Thank you, that makes sense.