Leancoin Pool on Orca DEX. We are pleased to announce the creation of the LEAN/USDT liquidity pool on the Orca decentralized exchange (DEX). This pool will be progressively supported by funds derived from the project. Ultimately, we are considering allocating revenues towards increasing liquidity in the Leancoin-USDT pair.
Pool Link: Orca Pool
Pair Link on Solscan: Solscan
Leancoin Pool on Orca DEX
The team believes that given the current regulations in the cryptocurrency market, it is safest to hold funds on a decentralized exchange where both Leancoin and USDT are protected by a smart contract. For centralized exchanges (CEX), it’s important to keep in mind that funds are held by the exchange, and in case of any issues, they could be frozen.
Creating and developing a pool on the DEX is part of our strategy, but it also aligns with our vision for Leancoin to have a large pool on the DEX and to be listed on a top 7 CEX worldwide.
Please note that Leancoin is committed to decentralization, a value recognized in the Leancoin Smart Contract audit, which received a 9.6/10 rating by Hacken: Hacken Audit
For the DEX, the team has decided to establish a liquidity Leancoin pool on Orca DEX exchange. Anatoly Yakovenko, Founder and CEO of Solana, stated: “We’ve been continually impressed by the technical, design, and industry expertise of the Orca team.” The Leancoin team is particularly focused on the extremely low swap costs in the Leancoin and USDT pair.
About Orca
Orca is the simplest place to trade cryptocurrency on the Solana blockchain. On Orca, you can trade tokens inexpensively, quickly, and confidently. Additionally, you can provide liquidity to one of our liquidity pools, earning trading fees and token emissions. Unlike standard pools, liquidity providers in Orca’s concentrated liquidity pools (Whirlpools) will compete for trading fees and token emissions, which are distributed according to the parameters of their deposits.
For more information about Orca, please visit: Orca About
