Yummy secures LeonicornSwap assets as it continues to integrate projects for future planned ecosystem

Yummy Crypto
Coinmonks
3 min readJun 3, 2023

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Dear Yummy & LeonicornSwap community,

During the current development phase of our upcoming project, “Cinder,” we are continuously seeking new opportunities and actively reaching out to potential partners for integrations and partnerships. We recently became aware of an emerging DEX project that faced a series of off-chain hacks and whose CEO expressed the desire to step down and hand over the project. As a result, we decided to initiate contact with them.

We are thrilled to announce our newest integration:

Moving forward, both Team Yummy and LCS will work closely together to integrate LCS into the Cinder ecosystem. Yummy’s CEO, Joe Foot, has been appointed as the new CEO of LeonicornSwap, and Team Yummy has assumed full control over the DEX, websites, and all social platforms.

The decision to integrate LCS into Yummy was primarily driven by Cinder’s phase 1, which involves a decentralized swap. We have made substantial progress on the development side, and with LCS’s functioning DEX, this significantly accelerates the process. Additionally, the vibrant and active communities of Yummy and LCS, when combined, possess substantial reach and represent a significant asset. The community and energy they bring to the table are invaluable.

In terms of the DEX, we plan to streamline its functionalities, including the removal of DICE and MineFi. We believe that the gambling aspect is not aligned with the essence of crypto (as numerous online platforms already cater to such activities) and we wish to have no part in it. In addition, such off-chain functionalities can open up the platform to potential exploits. It is our intention to focus on the DEX and core functionalities (which have performed exceptionally well since their inception) and limit our development to strictly on-chain products.

As for the $LEONS token, the token will remain unchanged. We are currently brainstorming ideas to create staking pools between $LEONS and $YUMMY. Working alongside Team LCS, we will try to complete the $LEOS/LEON merge in $LEONS and address the issue with $CUBS. Regarding short-term marketing efforts for $LEONS, we do not have any significant campaigns planned at this time. However, we may explore cost-neutral promotions, giveaways, and staking pools. In our experience with YUMMY, we have observed that marketing activities during bear markets often yield unsatisfactory results, potentially harming the project. Similarly, fundraisers for LEONS are not currently part of our plans. It is essential to note that when Team Yummy took over, LEONS was essentially bankrupt. Our primary focus is to maintain its activity to a certain degree, with the ultimate goal of aligning $LEONS with Cinder.

Regarding a rebrand for $LEONS, there are two possibilities: either $LEONS will continue to exist in its current form or investors will be offered a conversion into another token with associated benefits. Ultimately, this rebranding will be connected to $YUMMY and other tokens within Cinder after its launch.

Regarding team compensation, no team members from Yummy or LCS will receive payments at this point. Occasional reimbursement for expenses may occur, but systematic payments of any kind are not implemented. All work conducted at this stage is on a voluntary basis.

We appreciate your ongoing support and understanding as we embark on this exciting journey together.

Best regards,

Team Yummy

YUMMY links:
Website_Youtube_Telegram_Twitter_Discord_Medium_Instagram_Facebook_Reddit

LEONICORNSWAP links:
Website_Youtube_Telegram_Twitter_Discord_Medium_Facebook_Reddit_LinkedIn_GitHub

Disclaimer: This article contains statements that may constitute forward-looking statements. These statements may be identified by words such as ‘expect,’ ‘look forward to,’ ‘anticipate,’ ‘intend,’ ‘plan,’ ‘believe,’ ‘seek,’ ‘estimate,’ ‘will,’ ‘project,’ or words of similar meaning. We may also make forward-looking statements in other reports or presentations or any other material. In addition, our representatives may from time to time make oral or written forward-looking statements. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors including, but not limited to, those described in disclosures. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.

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Yummy Crypto
Coinmonks

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