LeoFi, the place to earn passively on your LEOs ! Short Guide
Hello HODLers, Lions and Cubs,
In case you missed it, a few weeks ago was launch the Leofi platform. It is another addition to the Leofinance ecosystem as it allows Offer and Demand for Leo Power to meet.
It is making it very easy on the user's side to lease LEO Power and as mentioned by the LeoFinance's team; other Hive-Engine tokens might be added. All of the fees will be used to burn LEO Tokens which is great for all of us.
Once you arrive on the website https://leofi.io/ , you click on Request lease.
Then, this pop-up will appear. You just have to fill the informations and click on Next
- Account that should receive the LEO Power delegation
- Amount of LeoPower (Amount of LeoPower you are looking to lease)
- Amount of liquid LEO you want to pay per week
- How long you want to lease for
It will then sum-up your request and ask you to sign-in either with Hivesigner or Keychain
Then, you just have to wait for a nice Lion fellow to fill up your order so you can start having more impact on the Leofinance platform.
Who is going to fill my Lease ? :D
It seems like there Ain't nobody got time for that?
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Lol perhaps if you increase the rate per day, the apr will be higher and more attractive for the lender
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Well I was the one paying the most and still no lender xD.
Even the average rate for all the previous leases has been 10.1%.
Nobody likes me @mistikali xD
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Lmao 😂 I can assure that a 13% apr will get swallowed up very quickly. I think it’s just business.
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Well, I do not want to overpay as I am the highest APR at the moment :D
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Try doing that with my 200 leo i have and failed misery.
Maybe i should try again maybe
Who knows, maybe you tried during the wrong time ! Keep me updated if you manage to get a lease.
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That Sounds great
I am trying it right now
This is the way to go ;)
PoB DeFi Lending next?
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Now we need the same for other popular tokens as well 🚀
POB, STEM, SPT will be some nice ones to start IMHO.
Indeed, the 3 you mentionned are big Hive-Engine darlings ! Let's hope this gets implemented soon
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It's a pity that there are no more people to use this great platform, but it's good that there is an option for leasing LEO Power... People will come when the LEO tokens start to climb in value... ;)
I have picked this post on behalf of the @OurPick project and it will be highlighted in the next post!
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Hello @ph1102,
You said it all People will come when the LEO tokens start to climb in value... ;) and I am expecting it to be sooner rather than later !
Thank you for picking my article. I appreciate it
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Just wondering, what is the current apr from LEO curation?
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I am tempted to do it but I think there is more to be gained by healing directly. But if you are not going to have time it is a great option.
Indeed, it is for 2 kind of users
Users who like some project and want to delegate to then in particular because they think they are doing a good job
Investors/Whales who do not have time to curate quality content and therefore delegate this to accounts with more time while getting a good return out of it.
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Offered Apr is low that's why I didn't lease and hoping to be a decent Apr. This will bring more people to lend.
Indeed, it makes sense. I just got a 500 LEO lease but at 13% APR, so it is just that demand is sitting too low I guess :D
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It seems leo platform is growing up. I was away for couple of years, now I am back and BOOM: tons of new tools and new platforms, not mentioning STEEM/HIVE split :)
Pretty cool!
A couple of years = 200 years in the crypto world haha !
How was it getting back and getting familiar with all that has happened? A shock I am guessing.
Nice to have you back @ghua
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Nice to be back, thank you!
Sorry for late reply but I delegated ALL my power and got stuck hahahah
I think the platform matured, now we have people here who really want to be here.
It feels great, I just hope I will be able to contribute something interesting :P
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Hahaha that's funny, do you want some just to get by? I feel bad for you xD.
You are contributing right now. In any case, glad to have you back and come along when you feel like commenting, you are always welcome !
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Nope, thanks - other good people already lent a hand - I just need to cancel that power delegation xD
but I would love to see my face when I realized I cannot do anything hahahaha