Leodex Vote Weight Multiplier Creating Wealth Out Of Thin Air

avatar

I have changed all of my coins in my leodex reward wallet by adding them to the vote multi plier. We don't look at tags and you just never know what you are missing out on when you vote. For instance this post has 8 tokens available for curation.

I have talked about the Vote Multiplier tool on Leodex before and why I think it is the best tool for growth on Hive. the amount of tribes with their own tokens is growing and there will be loads more added continuously.


We cannot be expected to support all the tribes as that would be virtually impossible with just one account. If you are like me and struggle with the idea of having 10 alt accounts floating around for curation on these tribes then the Leodex Vote Multiplier is your saving grace.

Click on the lightning box to open up the vote multiplier and adjust accordingly to whatever you believe is best. Everyone works differently and is busier in some tribes more than others. If you aren't using this tool it is worthwhile doing as you are throwing rewards away that you don't even know you are doing it.

I just don't believe in giving out 1% votes as when I offer support and reward on what I like I would like to be seen as giving generously. I think this thinking boils down to the days when my Hive vote didn't even register for about 6 months and had no clue that curation rewards could be so worthwhile and a boost to growing ones account.

Lately with tokens such as proof of brain and cine there are many users I support in those tribes or using those tags so this makes sense to add the vote multiplier on those tribes to the vote multiplier. Just because you are voting on a Leofinance post it doesn't mean that you only earn Leo and Hive, but there will be others depending on the tags used by the author.

Palnet (PAL), Neoxian and Click track profit (CTP) were the main ones up until a few months ago as they were generic. Proof of Brain can now be added to that list and it is extremely worthwhile if you haven't added it already. Just checking my wallet I have over $170 worth in value and this is mainly being accumulated by curation these days.


Adjust accordingly depending on how many times you vote in a certain tribe. I am voting more these days in Leofinance so the multiplier will be changed from 4 to 3.

3 months ago I was targeting making 1 Leo per day through curation and by earning and staking daily that is now jumped up to 3 Leo per day mainly due to the Leodex Vote Multiplier. By using the 4 x multiplier I can give out 25% votes yet they are in fact 100% votes allowing me to spread my free 10 votes daily amongst other tribes as well. Those tribes will also be on the vote multiplier so in theory I can get 4 x the amount of votes completed or more depending on the settings you use.

I have only been using this tool this year and I am a huge fan and wished I had known about it sooner. This is why it is important to try new things and not be stuck in your ways like I was with Hive Engine which I rarely use now. Just shows you by being stubborn can actually cost you and this is a lesson learned.

Posted Using LeoFinance Beta



0
0
0.000
20 comments
avatar

Thank you very much for the information, I did not know that there is this tool


Posted via proofofbrain.io

0
0
0.000
avatar

Really happy it helped you and hopefully a few others as well.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I'm looking at it but I don't understand it very well, I have it at 1, but if I put two, they also put all of them at 2, this is that when the pop tag comes out, the vote is higher?

Screenshot_61.png


Posted via proofofbrain.io

0
0
0.000
avatar

If you adjust that to 2 now and vote with a 5% vote your vote on SPT posts would be 10%. If you spend most of your time on Leo I would leave that at 1 and then all the others at 3 or 4 as the posts on Leo have other tags you just earn from as extra. The vote multiplier increases those earnings as your vote weight is now higher. Adjust all the votes on the rewards you are currently getting. Remember you get 10 x 100 % votes every 24 hours so it is managing your vote not letting it drop too low that earns you more.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Well I'm going to test with proofofbrain which is where I vote the most to see what happens

Screenshot_62.png


Posted via proofofbrain.io

0
0
0.000
avatar
(Edited)

Great article, thank you for sharing this multiplier tip, these are things everybody should know and use, I am only here on leofinance about 1 month so I havent started staking or curating posts just yet but this is something I really want to do, it is educational posts like this which make it possible for people to grasp what can be acheived by trying new things. Thanks for sharing.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Happy to help. Just keep staking and you will pick up things along the way which you had no idea were part of that post.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Certainly will thanks for the advice, I have followed and look forward to reading more great educational posts like this in the future.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I will try and think of some more for you to help guide you as there is so much to learn and understand. Welcome anyway to Hive and Leo and just enjoy yourself.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Thank you for the warm welcome and that would be great, it is always nice to pick up on little snippets here and there much appreciated

Posted Using LeoFinance Beta

0
0
0.000
avatar

I am still confused my brain doesnt understand why at 25% they would still be worth 100%?


Posted via proofofbrain.io

0
0
0.000
avatar

If you adjust the multiplier to 4x then a 25% vote is now worth 100%. Our votes we get each day are 10 x 100% and when we vote with a 100% vote it uses 1 full vote . If you are voting on multiple tribes each day then one can make those 10 votes stretch out a lot further. If you voted 25% plus a 4 x multiplier in Leofinance and no other tribe then it makes no sense as you would just be chewing through your Leo vote voting power too quickly. This is to be used when you are having one account and voting in different tribes like CTP or POB for example.

Posted Using LeoFinance Beta

0
0
0.000
avatar
(Edited)

Thank you for further explanation. We only get 10 votes per day on tribes? Or do you mean 10 at 100% then 10 at 99%? I suppose depending on their settings Hive-Engine tokens will have different features. I would like to understand these better.

Posted Using LeoFinance Beta

0
0
0.000
avatar

No you get 10 x 100% votes per 24 hours which is roughly 20% of your VP and that is for Hive which includes all your tribes as everything is on Hive. This is why you need to use this vote multiplier if you aren't already as it saves on your Voting power.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Thank you for this article. I am using Leodex for my first month here and I am very satisfied with it. I've changed these voting only for my Leo votes and Hive votes, but didn't thought about others. Now, your post makes me go back and change some things.

Thank you so much!

0
0
0.000
avatar

So let me get this straight, I do 99% of my voting on Leo. I usually do 50% votes which means I can basically vote 20 times and my voting power will return to around 100% after 24 hours. This much I'm pretty sure I understand.

So, if I change my multiplier on other tribes, will that affect anything if I only vote on Leo posts?

Or are you saying that some of the posts I see on Leo are actually from other places...like CTP or PoB or CineTV...and by having a higher multiplier on those tribes I would actually be giving them a higher vote IN THAT PARTICULAR TRIBE, while at the same time giving them a 50% Leo vote?

If that is the case, and I had say a 4 multiplier on CTP and I put a 50% vote on a post I saw in Leo that originated from CTP, I would then be giving that post a 50% Leo vote AND a 100% CTP vote? Would that then count as 1.5 of my 20 50% votes for the day?

Posted Using LeoFinance Beta

0
0
0.000
avatar

You basically have got it right. A 4 x multiplier on a post at 25% is 100% so a 50% vote would only require x 2 multiplier for a 100% vote. How you are currently curating this will work well for you.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I do pretty much all of my voting in Leo too unless it is the evening and I am at home. I am going to make sure I have all of these adjusted properly.

Posted Using LeoFinance Beta

0
0
0.000