6 ways to grow your LEO stake on Hive

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6 ways to grow your LEO stake on Hive

Direct from the desk of Dane Williams.




Whether you want to invest money or time, here are 6 ways you can grow your LEO stake on HIVE.

Have you just joined LeoFinance and now want to start growing your LEO stake?

When it comes to stacking LEO, you actually have multiple options available to you.

Sure, some will cost you money (or crypto).

But there are actually plenty of additional ways to earn LEO, that will cost you nothing more than your time.

Sound good?

Well let’s dive right in and take a look at the 6 best opportunities at your fingertips and help you make the choice that’s right for you.

Banner of the LEO token on Hive.

1. Buy LEO

The first and most obvious way to grow your LEO stake is to buy it.

Head to the the LEO Dex and the first market you’ll be greeted with is LEO itself.

Hit that buy button.

While this option isn’t for everyone, there’s no denying that it’s the quickest and easiest way to both grow your stake AND make a splash in the community.

“Who's that guy who bought all the LEO,” I find myself asking after I see large or repeated orders going through.

“If they’re also taking a stake in the platform that I have a stake in, then they’re worth engaging with!”

Buy LEO and you will get noticed.

2. Earn LEO

The second way to grow your LEO stake is to earn it.

That’s right, LeoFinance makes it possible to grow your stack of LEO, without ever spending a penny.

Invest your time and effort into not only creating quality content that contributes to the community, but also into engaging with others.

Leave long form comments under long form blog posts and you'll likely be rewarded even more.

Heck, you can even earn LEO by microblogging on Threads.

5c here, 25c there, all for just a few lines of text or a meme?

Umm, yes please!

3. Mine LEO

The third way to grow your LEO stake is via a process called mining.

In order to mine LEO, you need to again head over to the LEO Dex.

But this time pick up some LEOM or LEOMM tokens and ultimately stake them.

Of course as a Hive layer-2 token, you’re not really ‘mining’ LEO in the purest sense of the word.

By staking LEOM or LEOMM tokens, you’re actually competing with other stakeholders in a kind of hourly lottery to win LEO rewards.

To keep it super simple, I find that if you stake 250 LEOM, then you will average around 1 LEO per day in mining rewards.

Give or take…

Do with that information what you will!

4. Stake your LEO

Have you heard of the term money makes money?

Well the fourth way of growing your LEO stake requires you to have already bought (hey, or earnt!) LEO to work.

Just by staking the LEO you already own, your upvote gains value.

Meaning you’re able to earn curation rewards from all of the blog posts and Threads that you upvote across the leofinance.io ecosystem.

I’d encourage you to check out hivestats.io and punch in some of the top LEO account holder accounts to see the yields they’re generating via LEO curation rewards on their stake.

In the last 30 days, my curation APR is running at 11.5%.

Yeah, that’s not bad.

Not bad at all!

5. Lease your LEO

Next up we have leasing your LEO.

As a LEO investor who also leases LEO to improve my social game, I’ve been known to call LeoFi the best crypto leasing platform in the industry.

But don’t just take my word for it, go and check out how both leasing your LEO or leasing it from others like me, can generate a return.

You’ll likely find that you are able to lease LEO at or at least close to the APRs that you can run at by curating yourself or following a curation trail.

If you can’t find a lease with the terms you’re looking for, simply Thread what you’re looking for and someone will quickly start a negotiation.

6. Pool your LEO

The sixth and final way to grow your LEO stake on my list is to pool your LEO in a Liquidity Pool (LP).

You have the option of pooling your LEO with SWAP.HIVE on BeeSwap to earn 10% in BXT.

Or wrapping your LEO into bLEO and pooling it with BNB on Cub Finance to earn 35%+.

Both platforms are kind enough to pay those in the LEO LPs a 35%+ yield… from their own inflation!

Yep, these rewards don’t even suck any value from LEO.

And with CUB finding an equilibrium price point thanks to the revenue generated by their MTB, the 35% currently on offer looks seriously juicy.

This is how Cub Finance adds value to LEO.

If you can’t see the price potential for a token with the market cap of LEO that can earn over 35% yield in a stable third party asset, then you’re not looking.

Or just plain ngmi…

Final verdict: What is the best way to grow your LEO stake?

Of course the answer to this question is completely subjective and there is no right answer.

Do you want to grow it fast and want to make an immediate impact in the community?

Then buy, stake and start using your LEO to curate.

Don’t have the money to make that initial big splash?

Then earn your LEO by investing your time into contributing to the community and essentially playing the social game on Hive.

The point is that the best way to grow your LEO stake is completely up to you!

And once you have that initial stake, compounding that growth becomes even easier.

So seriously, what are you waiting for?

Start growing your LEO stack today!

Best of probabilities to you.

Posted Using LeoFinance Beta



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24 comments
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Out of those platforms, I prefer to earn the LEO. Earn by being active and also contribute to showing that LeoFinance is doing well. All of your transactions, comments and votes all help LeoFinance itself.

Posted Using LeoFinance Beta

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Growing your LEO stake with the added bonus of helping the platform.

Who says being selfless doesn't pay! ;)

Posted Using LeoFinance Beta

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(Edited)

🍕 PIZZA !

I gifted $PIZZA slices here:
@rzc24-nftbbg(1/5) tipped @forexbrokr (x1)
tin.aung.soe tipped forexbrokr (x1)
forexbrokr tipped tin.aung.soe (x1)

Send $PIZZA tips in Discord via tip.cc!

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Like how many Leo can some one use to start all this options

You have the option of pooling your LEO with SWAP.HIVE on BeeSwap to earn 10% in BXT.

Or wrapping your LEO into bLEO and pooling it with BNB on Cub Finance to earn 35%+.

Both platforms are kind enough to pay those in the LEO LPs a 35%+ yield… from their own inflation!

Posted Using LeoFinance Beta

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You mean how many LEO do you need to pool them in an LP?

I'm pretty sure there is no minimum.

Why not start by pooling just 100 LEO (with 100 LEO worth of the other asset) to try it out?

Posted Using LeoFinance Beta

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threading is the absolute easiest way to stack LEO

Posted Using LeoFinance Beta

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I've noticed you increasing your upvote on Threads too.

The incentive is there for people, they've just gotta take it!

Posted Using LeoFinance Beta

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Yep, 75% of my curation latel is on Threads. While it may not be worth much, it does encourage use of the platform

Posted Using LeoFinance Beta

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Just need more people curating Threads and it will quickly be worth something.

I'm interested to see if the change in LeoFinance UI to focus on Threads changes people's curation mindset and actually reward short form content.

Khal needs to integrate ad revenue then all that matters is page views, so viral short form becomes VALUABLE.

Posted Using LeoFinance Beta

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Oh yeah I think the complete UI redesign that makes threads the focus is gunna be a game changer.

Add in the ad revenue share, NFTs, and a few more features... Then we really have something special.

Posted Using LeoFinance Beta

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Awesome Mate!

Haven't Tried lease yet. That's something I would !LUV to do in future.

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I've used it quite a bit.

I manually curate purely on leofinance.io, so if I can find someone who doesn't curate and just wants an easy, guaranteed return, then we both win.

Definitely recommend it!

Posted Using LeoFinance Beta

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Oh, That's really Cool.

Tho, manually curating is Fun tbh but well some Get real busy and make sense to Lease.

Hope You're Having a Great day!

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Ever since I joined this community in October, I have come to have an interest in the token and I want to have a lot of it so I could support the community too.

My ways of growing Leo, for now, are buying and staking, curating, engaging and making posts in the community. Some days ago, I found out I can mine Leo tokens which sounds fascinating and you have just listed others I am just getting to know today.
Thanks for sharing.

Posted Using LeoFinance Beta

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The LEOM miner tokens can be a little confusing.

If you don't have a lot of them, you're probably better off just growing your LEO stake through author and curation rewards.

Focus there and just keep stacking :)

Posted Using LeoFinance Beta

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Thanks for sharing. I'm new to the platform, and still learning all the ways to utilize this platform, and this was helpful.

Posted Using LeoFinance Beta

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Thank you for bringing both LEOM and LEOMM to my attention.

Buy, stake, and curate is the way for me to grow my LEO.

!PIZZA

!CTP

Posted Using LeoFinance Beta

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You've captured all the great ways of growing the stake of LEO. Hopefully, more use cases for it will come in the future to strengthen its value regardless of the bear market or not.

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Good to see, thanks for this teaching,it is really going to help newbie's to grow faster and bigger in the community

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