what is difference between hive and leofinance ?

in LeoFinance5 years ago

help me understand these question

  1. difference between Leo power and hive power where to get Leo power
    leo.PNG

  2. why hive Resource credits and Leo finance Resource credits are different in value

hive blog
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Leo finance
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Posted Using LeoFinance

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Thanks for asking these questions, we're always happy to help.

I highly recommend checking out the Leo FAQ -- https://leopedia.io/faq

For these questions in your post:

1). LEO Power works very similarly as Hive Power (difference is that LEO Power dictates the LEO rewards pool which is a separate pool than the HIVE rewards pool).. read https://leopedia.io/faq/#what-is-the-leo-token and https://leopedia.io/faq/#how-do-token-rewards-work

You get LEO POWER by staking LEO. Read https://leopedia.io/faq/#how-to-stake-leo

2). As for the Resource Credits - please ignore that dashboard page for the time being. We're rebuilding our interface, so some features on that dashboard page are showing incorrect data.

Hope that helps! Feel free to ask more anytime you have questions

Posted Using LeoFinance

thanks that help a lot

Staking your Liquid Leo Token will give you Leo Power.
Staking your Hive token give you Hive power.

There are no Resource credit in Leo and Hive do have. Hive is the main blockchain on top of it Leo token is created. so transaction and operation that you are doing are in Hive blockchain only.

Does it sound similar like Ethereum and token created on Ethereum ?

Posted Using LeoFinance

Hive Tribes are just ways to earn more Hive if you sell your rewards on Hive-Engine.

On Leo there are additional rewards when you post through the actual leofinance.io site. Plus they have all sorts of other great tools. The idea of communities is really to get directly involved with a smaller more like minded niche.

That's my thought at least. I hope this helps my friend. Hope to see you in Leo more often!

Posted Using LeoFinance

what do mean by: Yaah ! Obviously?