LEONICORN SWAP

The world is ever undergoing radical changes with human beings seeking innovations that would make life on earth better. Hence change is always around us, remarkably the last ten years the financial and banking world has undergone tremendous disruptions with the introduction of Bitcoin and the concept of cryptocurrencies. Satoshi Nakamoto introduced Bitcoin, the premier cryptocurrency in 2009 with the vision of decentralizing access to financial products and services. Precisely, Nakamoto was bent on changing the way we know money by introducing a digital currency that would operate same as cash does but this cryptocurrency would be transferred digitally. Therefore, the principal or the original objective of Nakamoto was to have Bitcoin operate as a medium of payment. Thus, allowing individuals to transact or transfer value without intermediation by centralized authorities or entities who traditionally have continued to act as custodians of trust in transactions.

On February 9th 2011, Bitcoin price hit $1 for the first marking its initial price jump to various price points. Remarkably, over the last 10 years Bitcoin price has been on a rising trajectory hitting an all-time high of $63K in the early weeks of April 2021 . Overall, this appreciation in Bitcoin price has made it to be the top performing asset of the decade far ahead of the US Nasdaq 100, preferred stocks and high yield bonds among others .

Eventually the popularity of Bitcoin led to the emergence of other alternative cryptocurrencies such as Ether built using Ethereum blockchain, Ripple, Litecoin. In fact, since 2015, the cryptocurrency space has continued to grow and as of June 2021 there are at least 10,400 digital assets listed on coinmarketcap.com . further, the crypto universe is growing fast with diversification in technology application and implementation geared tosolving problems facing us as human beings. Noteworthy, development of new concepts such as decentralized finance (DeFi) and non-fungible tokens (NFTs) will definitely cause huge disruption to how people perceive and interact with financial services and products or other valuable items. Therefore, Leonicorn Swap is project built with an understanding of the present cryptocurrency market dynamics such as the need for innovative features aiding further adoption of cryptocurrencies and bolster user investment decisions.