Green days...and big airdrops

in LeoFinance2 months ago (edited)

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OK I am not going to lie to you...

This is got to be the first time ever since I started using Binance that every single coin on my "favorite list" is green. And by green I mean like really green... Check this out...

20210205 20_47_340.00000446 _ HIVEBTC _ Binance Spot.png

Now you also know what my favorite coins are. Hey I am proud of that list... and of my bags which I struggle to refill as 2020 was kinda apocalyptic for me.

What you can't see on that list though is the LEO token because obviously it isn't listed on Binance...yet!

As a matter of fact the market today is so good that even if today was the first day someone decided to buy crypto for the first ever, all they had to do is close their eyes and pick a random number between 1 - 5000+ and then visit Coinmarketcap see what fate decided for their behalf and simply buy it. Lets say...No 293...and that would be...the mighty(?) CVP which is also mooning of course...

20210205 21_00_13Cryptocurrency Prices, Charts And Market Capitalizations  Page 3 _ CoinMarketCa.png

Jokes aside, it seems to me that some people take profits from BTC and put it in alts. It makes sense to take some profits between $37K - $38K after all, right? Could this be the beginning of the alt season? Make no mistake, just because ETH, Link UNI and a few other tokens keep going up the last couple of months that doesn't mean that this is an alt season...if you had been around during the previous alt season you know pretty well what I am talking about.

It probably feels better than sex too...


Speaking of LEO...

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...it is comfortably cruising at $0.60 and I have a feeling that this is just the beginning. You see I had a really interesting talk with a friend in a discord channel. Long story short we started discussing about previous massive airdrops such as XLM's back in 2017 or BCH that rewarded every one who was holding 1 BTC with 1 BCH...he was bragging and trolling me at the same time about the 800 UNI tokens he received when a few months back Uniswap probably did the biggest airdrop in crypto history while I was excluded from that airdrop because I didn't even know what Uniswap was at the time...

Everyone was eligible to receive 400 UNI for every ETH wallet they possessed as long as it had transacted with their platform before they took the snapshot. And this guy received 400 UNI for his 2 ETH wallets...lucky bastard...

The thing about airdrops is that people usually don't "respect" free money and it's a good opportunity for them to simply sell their free tokens and buy BTC or anything else...

That's exactly how things played out with the UNI airdrop too. No surprises there...99% of the people were eligible for 400 only and what a great opportunity to get rid off those 400 tokens for ~ $2000, right? Ya UNI was sitting at $5 back then...everyone kept selling...price of course declined...dipped at ~ $2.5 if my memory serves me well.

A few months down the road UNI is cruising at $21 and those who held may brag that $8000 of free tokens is indeed the biggest airdrop in crypto history...

Is it...? Of course it's not.


Go ahead and ask PAL moderators what one of the biggest airdrops in crypto history is like...

PAL was the first tribe that came to life and each PAL moderator received 30K PAL tokens. A couple of months later @khaleelkazi created LEO. And exactly because the only reference point was PAL he decided to kick things off for his tribe, by airdropping everyone LEO tokens based on the PAL tokens they had staked to 1:1 ratio.

So every PAL moderator received 30K LEO tokens. What that means is that those who held till today are the ones who received one of the biggest airdrops in crypto history...

30K LEO x $0.61 = ~ $24.300...

Don't get me wrong...I'd love to be in their shoes...unfortunately just like most of you I had to build my way up...which is better in a way...because you appreciate things more.

Well that might not be entirely true because there was a screenshot on Twitter some months ago from a guy who was airdropped ~ 124K UNI...which is something like $2.5 mill but this was probably the one and only exception.

In any case everyone received their fair share in LEO tokens when it launched and those who didn't sell off are part of the history...which is still in the making.

Have a good one people...
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Cheers!

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In airdrops, I have never been lucky with airdrops besides the hive airdrop of course. So I had to build up from scratch too. Not sure if I appreciate it more, but that doesn't matter. I'm excited about the Leo airdrops that are to come in the near future.

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The thing about airdrops is that people usually don't "respect" free money and it's a good opportunity for them to simply sell their free tokens and buy BTC or anything else...

Exactly. People just sell out their all free tokens. I missed uniswap airdrop. But i was recieved some decent crypto from the airdrops like byteball, steem-engine and steemhunt. But uniswap was biggest.

Solid read....

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Byteball... Boy that brings back memories. I can still recall the trouble some people had in getting that to work. That was then and this is now, times are changing for the better!

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I had to buy my UNI at a $10 average price. I'm highly excited about it for this bull market. Besides LEO I haven't been airdropped anything significant since I got into crypto.

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Besides LEO I haven't been airdropped anything significant since I got into crypto.

Same goes for me mate...

UNI at $10 seems like a bargain now...

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I guess it is considering it will get to over $300 :))

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$300? Hahaha Easy there cowboy

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talk to you in 10-12 months on this one ;)

have a look at 2017-2018 altcoins price performances, we'll blow these away this cycle.

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Do you still hold UNI?

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Yes.

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Did you know that you are probably eligible for some another airdrops just because you hold UNI?

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No I didn't. I hold it on a software wallet though. Not on Uniswap and purchased all my tokens, haven't participated in the first one either.

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The thing about airdrops is that people usually don't "respect" free money and it's a good opportunity for them to simply sell their free tokens and buy BTC or anything else...

lol I remember the day I got the uni airdrop. I did not sleep that whole night. it felt like a dream. I didn't believe it until I had half of it in fiat sitting in my account, which I used a significant portion to develop my property. But I really did not know what the project was about. I had the same attitude with my leo airdrop. If I have learnt any lesson it is to be patient. Anyway, I still feel there is a huge opportunity for leo to reach $3-$4 dollars

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At least you used that money for a good cause. No imagine if you had held till now...

Oh and $3 - $4 LEO is an understatement ;)

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I had to build my way up...which is better in a way...because you appreciate things more.

Repeat that 1000 times and you might believe it!

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lol ! No?

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and i am here sitting having 0 uni, had 0 pal in order to receive the leo airdrop. yeah that's my life :P At least i'll have some leo when the new airdrop for the microblogging app begins

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Lolzzz you were pretty unlucky I have to admit.

Hey go grab some more LEO then. You never know how much these new tokens will worth a few months down the road...and if their price follows LEO's path then it will be huge.

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i am currently focusing on ctp and stem other than LEO

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there was a screenshot on Twitter some months ago from a guy who was airdropped ~ 124K UNI...which is something like $2.5 mil

Whoa wtf!! Stuff like this only happens in crypto. The chance of a lifetime.

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I know right? I was busting my ass trying to find it on the Internet, yet I failed miserably

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I am not surprised to be frank, the 30k LEO tokens stuff is all the evidence you need that this sort of thing only happens in crypto, and we all know it's true

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There are so many great projects!

The alt season isn't fully here I guess as only a few ALTs are doing pretty good. Needless to say, it's the good times and watching a seas of green sometimes is good for your morale I think.
Airdrops can be tricky, imagine all those Pal moderator made a choice to hold all that Leo.

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Some of them did and in the meantime made some serious profits from curation. Some others didn't...bottom line is that airdrops are a good way to attract people and if the project is worthy enough price usually goes up, hence holding is usually a good choice.

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I missed the UNI airdrop but I will not miss LEO airdrop. My friend referred me here so at this time, it is my best place to take away my stress for the UNI airdrop :)

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I've got 20 LP now,

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Here, grab some more ;)

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Good idea! How many do I need?

I figured I would need 100 to start distributing LEO but it seems my upvote is now worth 0.001 LEO which is impressive with only 22 LP. I have a few questions, I am searching for more discussions about various aspects of LeoFinance, Hive and Bitcoin in particular.

My first question is, are the LEO rewards payouts ON TOP of the Hive payouts? If I compare posts on PeakD and LeoFinance, the former rewards payout on a particular post is $0.35 USD and pending_payout_value (0.349 HBD which is worth approx 0.38 according to coinbase), and the latter using LeoFinance shows 9.2 LEO and $5.65 USD, that means the total payout is 0.349 HBD + 9.2 LEO, correct?

These are two separate values; the HIVE base layer, and the hive-engine layer, correct?This is pretty incredible if you ask me. Powering up LEO sounds like a really good idea.

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are the LEO rewards payouts ON TOP of the Hive payouts?

Yes

that means the total payout is 0.349 HBD + 9.2 LEO, correct?

Correct

These are two separate values; the HIVE base layer, and the hive-engine layer, correct?

Again, correct

Powering up LEO sounds like a really good idea.

Do it!

Here grab some more ;)

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Thank you for addressing my questions, I really am excited about LeoFinance!

Next, I am looking at the Uniswap V2 eth/WLEO pair. What can users do to help and what do they get out of providing liquidity to the pool? If you can answer this, or if not, either way I appreciate your time.

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What else can be said after reading this post, except OMG.

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PAL was the first tribe that came to life and each PAL moderator received 30K PAL tokens.

I remember that airdrop. It was the biggest ever airdrop i have received. Later, the price was climbed up a lot.

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I also missed the airdrop UNI and I also missed the leo airdrop but now I won't miss one anymore :)
!BEER

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Ha! True warrior

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Uni's been on a tear. I sold half of mine at $6. But at least it's in Eth. This year might surpass 2017 for crypto, i think.

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We shall see...but things definitely look promising

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And exactly because the only reference point was PAL he decided to kick things off for his tribe, by airdropping everyone LEO tokens based on the PAL tokens they had staked to 1:1 ratio.

I remember now. A lot of people back then dumped their tribe token airdrops immediately because they were Steem maximalists and didn't take the tribe tokens seriously at all. Obviously in hindsight this was a mistake, but I can't really blame them because back then everyone was waiting for the SMTs hype train to arrive.

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because back then everyone was waiting for the SMTs hype train to arrive.

Oh ya, that train...we've been waiting for it since 2016

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LEO at $0.6 is cool. In a few days, it'll be in the range of $0.7 and before we know it $1 is just here and that before the end of Q1. Interesting to see how much LEO PAL moderators earned at the beginning of the journey. If at all they know how far things would go with LEO.

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Good Read thx. This Bitcpoin Beginner is Still waiting on my first airdrop....as free crypto is at least as good as free sex 😁 But I have seen it happen to my friend that pulled me into to this crypto universe, like 2 weeks after I started.... who knows it seems the chances on airdrops are bigger than winning the lotery lol.

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Green days + Big airdrops = Great combo!

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Yesterday, I enjoyed telling a PAL mod who has been absent and had no idea they had about 20k USD worth of LEO :D

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Dammit...did he reply? Do I still have time to hack their account?

Guess you're talking about M......nt?

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Heh :)

Actually, not that account but I'd prefer not to say who.

@tipu curate 2

Upvoted 👌 (Mana: 56/112) Liquid rewards.

This is one deep lesson....I have two friends who sold uni at 3$. Damn. Leo drops are coming, the answer is in between the lines.

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Well the answer is simple: Always hold...few can do that

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Sometimes is not that simple.
I sold over 1K UNI at $3 for ETH, changed 50% to wLeo and put it all into the pool. Now I enjoy my Geyser eruptions of over 1K leo per month.

Oh, and 80K hive airdrop on steem holders was not bad at all if you consider I sold them at 90 cents and buy back at 11 cents.

I know, I know. I'm bragging now.
Sorry.
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I sold over 1K UNI at $3 for ETH, changed 50% to wLeo and put it all into the pool. Now I enjoy my Geyser eruptions of over 1K leo per month.

All things LEO look like solid investments atm. Wonder if you had held till now...just to sell around $20...wouldn't you have a lot more LEO? Incentive won't last forever...

Oh, and 80K hive airdrop on steem holders was not bad at all if you consider I sold them at 90 cents and buy back at 11 cents.

Perfect timing right there...Too bad I only managed to sell about 1500 Hive around $.85...as you understand I had staked even the last token I was airdropped...stupid 13 weeks...

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wow thank you from the bottom of my heart for this post. Now I know why 80 Leo appeared in my wallet hahahahahahahahahah I didn't remember at what point I got into airdrop

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lol...guess your PAL stake at the time was 80 PAL...nobody knew how thing would play out. If we knew I guess we would have bought a shit ton of PAL back then...

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I didn't even find out about LEO until 2020 hahaha. When I saw them in the wallet I did not bother to investigate, big mistake.

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I always play it wrong so this time holding whatever I'm airdropped on project blank and building with it. I've sold my tribe tokens for Leo so I consider that a win even though there are a few that seem to have a future. I'm all in on project blank no matter what it is lol

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I'm all in on project blank no matter what it is lol

lol I guess we've found the first hard core Project Blank fan right there.

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Like you, I missed also UNI and 1INCH and probably a lot of good opportunities.

The LEO airdrop was one of the best I ever received and now I hold more LEO than PAL, even if I staked 99,9% of my PAL.

We have opportunities all over, we only need to pay attention to them and keep patience as this brings the most value.

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Learn how to earn FREE BEER each day by staking your BEER.