It's Time To Stake Some Leo Tokens

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(Edited)

Has it been 30 days already (Yes Sir It Has). As the saying goes, time fly's when you are having Rum" or was it "Time fly's when you are having fun". In either case both are true quotes. Today is 11/15/2022 and as I'm sure you Lions know that means its time to power up our Leo Tokens. (What's that you don't know what a Leo Token Is) Leo Tokens can be earned on the LeoFinance front-end that is used to interact with the Hive Blockchain. This means you will not only earn the LEO token but you can also earn the HBD and HIVE tokens when creating and curating content from LeoFinance. (Why do we power up Leo on the 15th of every month) The LeoFinance community likes to power up Leo on the 15th of each month to show support to the LeoFinance front-end and its token. Of course you don't have to wait for the 15th to power-up your LEO tokens as any day is a good day to do that. However if you do decide to power up on the 15th you just might find yourself earning a cool badge curiosity of @hivebuzz. Rumor has it these LeoFinance power up badges just might hold some utility in the future so you might want to collect some of them. Its rumored that having more than one will have extra benefits. Missed out this month, no worries as all 12 months of the year have a Leo Power UP Day :) How much did @rentmoney power-up this month?

RentMoney's Leo Power Up

Looking at my LeoDex wallet I can see I have 120 LEO Tokens. Since I powered up all my Leo last month that tells me my LeoFinance blog earned just 120 LEO last month. Luckily I have another 40(ish) stashed away and I will be adding that to my power up total. Bringing me to a total of 160 LEO Power Up. Not a big amount but its something. My (what was suppose to be) short term goal for Leo Power was 5,000 and it looks like I'm getting close. I've been meaning to purchase more Leo and set plans in motion to do so but then something randomly grabs my attention and my HIVE tokens to boot. I'll have to keep an eye on the markets over the next past week to see if I can speed up my Leo Growth. After my power up of 160 LEO I have a total of 4,733 Leo Power. It would be nice to reach my Leo goal come next LPUD day but if not next month surely the one after and my short term goal of 5,000 Leo Power will be completed.

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Leo Token Trades On LeoDex

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Posted Using LeoFinance Beta



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17 comments
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More like time to sell some LEO tokens while they are up! lol

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If one had enough LEO they could do both.

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(Edited)

It's been long I've been trying to learn about this LEO token. Please do you know the staking APR of Leo?

In the past I had over 300 Leo token and I had it staked for 2 months but to my greatest surprise, I didn't see anything added as staking rewards so I powered down. Of late I tried to staking again, but am still skeptical.

Looking forward to your response. Thanks 😊

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I don't think there is staking rewards for the LEO token (yet) but I could be wrong. I know there is plans to share ad revenue with those who stake the Leo Token. I have no information on when that will be implemented.

Posted Using LeoFinance Beta

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(Edited)

Oh, didn't know that, in this case, will it be right to ask what the financial benefit of staking LEO is, because every other project I know do offer incentives when you stake or hold their token in your H.E. wallet. Thanks for the reply and also for the upvote, I do appreciate 🙏

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Some Benefits To Staking

  • To increase your voting power.
  • Participate in LPUD
  • To get ready for when the add share is implemented.

I'm sure there are other reasons but those are the ones that come to mind. Powering up 150 LEO+ on LPUD day gives a badge that is rumored to have utility in the future.

Posted Using LeoFinance Beta

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Oh, Thank you for the heads-up. This is why asking questions is important. Wouldn't know all these ingredients about LEO if I didn't ask. Thank you so much, I'll have to start building my LEO stake from henceforth.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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Nice powerup and it looks like LEO got a decent price increase after the drop in prices of crypto. I staked 200 tokens as well for LPUD.

Posted Using LeoFinance Beta

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I never knew that. I wonder what sort of utility that badge could hold? Maybe random upvotes for badge holders?

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