Having Liquid Leo: What suits you best?
Having Liquid Leo: What suits you best?
I had actually stopped staking my LEO for quite some time and start staking it after the start of LPUD only and after that I am staking 500 LEO in every LPUD and most probably I will stake 500 LEO in this LPUD also. This will bring my LEO stake to 12K LEO after staking LEO in upcoming LPUD.
So in current scenario staking LEO is also suiting me best as I am active in chain and I am using my voting power that allow me to generate LEO through curation rewards. But at current scenario there are couple of options also where one can delegate LEO now without thinking of that one will lose the curation rewards. One I know is India-leo and I think holdcommunity also have some service. Not sure if psyberx service is started or not.
So in current scenario not able to use the staked stake for voting by yourself is not an issue as it can be delegated and you can get the curation rewards.
Alternative option that I used earlier.
I earlier used my Liquid LEO to build my position in cubdefi platforms and the polycub platform and currently cub price is too low to invest but moving 30 -40 Dollar is not n good option as BSC chain might eat up 2-3 Dollars in fees I guess.
Polycub is better options in term of fees and it is currently cheap too but it continuous downtrend actually now confuse me.
I am also not getting sure when POL change take place and how it affect us, so I started concentrating on the chain in which I am comfortable with i.e Hive where I have multiple streams of income that include blogging income, curation income , Play 2 earn income and Liquidity Provider income and not to mention all the favorable trade in Hive Engine.
A very exclusive offer only for LEO tribe in Splinterland's game.
I never used this but actually LEO is the only native Hive-Engine (tribe) token that is accepted by Splinterland's team for buying the credits in the game.
So you can directly use your LEO to buy in game credits in splinterlands. Game credits of Splinterlands can be used to buy cards in the secondary market and off course from the splinterlands game shop too(but before using credits in game shop check the DEC option first as it trades under the peg.)
In short , if you have liquid LEO , it has lot more utility and can be bridges to different chains like BSC , ETH and Polygon using the Leo bridges.
I am currently inclined to LPUD and staking due to my personal views and reason but the versality and usability of LEO token is not limited to the Hive chain.
Posted Using LeoFinance Beta
I never knew LOE is accepted for Splinterlands credit, though I wouldn't shop for Splinterlands assets with my LEO for now as am still building.
At the moment staking LEO is my top priority.
Posted Using LeoFinance Beta
This is useful when you see LEO suddenly pumped, just buy cards from it. I converted HBD into credits when it pumped.
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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
I've started saving my liquid to contribute to LPUD each month, but I sure wouldn't spend or sell it at this point. Leo is where the most improvements and development is taking place.
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yup , keep Holding in our secure wallet and locked up for more earning.
Posted Using LeoFinance Beta
Leo has indeed a lot of utility and more is being added as time goes.
I believe that the leo token has the most utility in and outside of Hive as compared to other HE tokens.
Thanks for sharing.
!1UP
Thanks for curation..
Have some !CTP and !LOL
Posted Using LeoFinance Beta
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I am also inclined to stake mine toward LPUD. I use to stake mine during HPUD but that changed after LPUD came out.
Posted Using LeoFinance Beta
I used my LEO for buying the Polycub position, now locked 50 VexPolycub and now I am back to staking.
Posted Using LeoFinance Beta
I never knew that we could buy credits in LEO!
12k will be an awesome figure for you:)
I just passed my first 1000 LP!
Posted Using LeoFinance Beta
Congrats for first 1000.
soon you will cross more just stay active.
Posted Using LeoFinance Beta
Thanks Rajat, yes the more active we are, the more rewards get the more our LP goes up the more rewards we get, an awesome never ending circle:)
Posted Using LeoFinance Beta