LEONICORN SWAP
1 min readJul 7, 2023

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🔥🔥PROJECT UPDATE🔥🔥

I wanted to give the community an overview of what's happening behind the scenes since we took over from previous team. Here are the current items being worked on:

1) Right now transferring the hosting to new service to save about 4-5x on monthly fees

2) Also have the front end devs working on using assets from Leo git into Cinder for relaunch. There's a lot of stuff there that is simply not needed but we are adding many new functions as well.

3) We are going to relaunch a new router + factory swap contract cause the Leo original one still has the LPs as LeonicornSwap and the Fee Setter address can only be set during contract deployment. Cinder will have the LOWEST trading swap fees in the entire field (even 0% for some popular pairs - more on this later) so having control of FeeSetter is very important.

4) In the meantime, we are figuring out the distribution of Leons so that all holders (Leos, Cubs, Leons) have their respective correct % of total token circulation. This means any other token like cubs or Leos will be converted to Leons before cinder launch

That's the update of ongoing actions 👍

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LEONICORN SWAP

LEONICORN SWAP is a advance AMM with deflationary token model