LeoFinance is back to being the priority! Staking, mobile app, marketing...

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Hi HODLers and Lions,

I was very pleased to see this post: Introducing the New LeoAds Mechanic | LEO POWER Balances Will Begin Growing with Built-In APY From LeoFinance Ad Revenue
 from @leofinance.

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As written, this idea came from @jk6276 and I thank him for pushing it through as it is great!

The idea that Jk laid out was a great one: have the automated LeoAds system take the ad revenue each month (it's paid in BTC), buy LEO on one of the 4 exchanges it is listed - whichever has the cheapest arbitrage price (wLEO, bLEO, pLEO or LEO) - then stake it all as LEO POWER into the accounts of everyone already holding LEO POWER.

As per their calculation, it seems we could expect a c.4%APY+.

I was quite surprised to earn Leofinance ecosystem would get c.$4k in monthly Ads revenues, I would have expected much less. As Khal pointed out, this is even before the new focus on LeoFinance and the great work from the head of growth, etc...

I even think we are supposed to have some ads promoting Leofinance during the Bitcoin 2022 conference in Miami, this might bring some qualifies and crypto friendly users!

If we can onboard new users and increase traffic even more, this staking APY could even reach 10%+.

Finally, LeoMobile is where work needs to be done and it reminds me that I need to publish all the little things we could improve to make it even better and more user friendly. Stay tuned.

So let's get to work Lions and retain this new wave of users.

Stay safe out there,

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22 comments
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It certainly is helping to usher in Web 3.0.

This is a big step forward. The token holders (site users) benefit from the ads.

Posted Using LeoFinance Beta

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Indeed and it really pushes us to promote our leofinance.io links to get these advertisement revenues up!

Posted using LeoFinance Mobile

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(Edited)

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I wouldn’t say surprising but definitely a move to have some buying pressure for LEO tokens.
A very good love for us users and stalkers.

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The last update from the team where by staking you earn is a killing move. If we were not enthusiastic enough about the LEO token and what it brings, sure we'll be now!

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Exactly, it makes it easy to understand for newcomers. More traffic, more buybacks, LEO price up ⬆️! Great for the overall ecosystem.

Posted using LeoFinance Mobile

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That 4% isn't bad honestly and has the real potential of being larger as more people get involved promoting their articles and writing. More content, more traffic, more comments, more interaction and all of it produces more ad views. Nice little bit of passive income for helping the platform grow.

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Indeed, and this will reward HODLers and previous LeoFinance bloggers who will benefit from this Buyback mechanism.

Very nice for everyone, really...

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I think the ad revenue of Leo is pretty nice. When the mobile app on Android and iOS onboards new users, we my multiply the revenue in a short term ✌

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Well, there is no ads yet on Mobile and it needs some upgrades. This is the subject of one of my future post :D

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It's a great idea and using arbitrage is a great idea. This means that it will also keep the price of LEO more stable.

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