This is why I prefer curating on Leo

in LeoFinance4 years ago

If you've been following my blog, then you'll realise that I've been writing almost predominantly on Leo for the past couple of weeks. Posting on Leo gives me the added advantage of earning Leo tokens on top of Hive and HBD from posts. Owing to the Hive price Hike, my earnings on Leo have matched or even outweighed my earnings in HBD, but thanks to change in curation reward, I now earn a lot more.

My curation on Hive and Leo have been scattergun approach at best. Actually, I don't have a "curation approach" and simply just "like" whatever I like. Outside the few accounts that I autovote on Hive, and the Curation trails I follow, I generally earn peanuts through curation.

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However, with the change in curation on Leo that has taken us back to the old days of earning 50% irrespective of when you vote, I feel a lot better about my "approach" or lack of it. The whole curation curve thingy that encourages content discovery and curation still works I guess, however, it is too technical for simple people that want to like stuff.

I'm pretty certain that there are more simple people around here than technical people that understand the mechanism of a curation curve. So, with the curation curve thingy out of the way, my 0.2 Leo vote will yield 0.1 per vote, and it will diminish as my VP goes down. I like the simplicity of this model and it will encourage everyday users to curate more.

Also, there's the added benefit of Leo price and the fewer number of tokens in supply with relation to hive that makes curating in Leo more rewarding.A simple comparison between my 4k Hive power to my 1700ish Leo power gives you an idea about the curation opportunity that Leo holds.

There are slightly over 5milion Leo tokens in existence, so your 1700 Leo power((0.00034 of total supply) translates to roughly 107k if you multiply that fraction by the 317million Hive in supply. This is of course just a guesstimate, but it sort of gives you an idea about the benefit of curating on Leo.

Iron Sharpeneth Iron

The Leo party is in full swing and it will run up to $1 right in front of your eyes. I'm going to accumulate like 700 Leo on standby and then power up everything else. If the price really does run up, I'll sell a small amount of my leo to fund my Dolphinization on Hive,

I mean, it is only fair, since I sold some of my Hive to buy this Leo, this will be like Leo returning the favour. I'm currently at 4100 HP range, so I just need another 1100Hive to power up. Leo starts doing some serious numbers, and that might just end up being a like 200 leo.

Well, for now, we just have to keep stacking, and shilling. Build bridges and talk about the token as much as you can on Twitter and any other social media you use. Fingers crossed and hope for the best.

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Actually, I don't have a "curation approach" and simply just "like" whatever I like. Outside the few accounts that I autovote on Hive

This is my approach too.

Manual voting is obviously better for the platform as a whole and if I'm honest, 1 or 2% of optimised curation, really doesn't make that much of a difference anyway...

Posted Using LeoFinance Beta

Exactly. There's no point in making curation too complicated. All that optimisation and whatnot just sucks out the fun. !ENGAGE 50

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Wow ! 5million leo supply ? That's really something worth exploring

You're a great writer and I'll love to be able to patronise you for real someday

Yeah. Leo's ceiling is impressive. The Hodlers of the token don't want to sell for less than $1 and I'm feeling that energy. !ENGAGE 30

Posted Using LeoFinance Beta

Hehehe... I believe $1 per Leo is possible but still a long shot based on the state of the crypto market !! More listing on dexes like binance dex might help it gain more popularity....

Personally I think the developers should focus on building the community , that way the future of Leo is secure

Thanks for the ENG too ! @belemo

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Like your attitude. I honestly haven't posted much in Leo because I thought my shit wouldn't be worth reaching there. I don't do TA, not too good at finance, but then I realised that there are adiacent topics, and occasional crypto news or related posts that I can throw. The project sounds interesting. We'll see how it works over time.

Yeah man. At first you might think that it requires serious crypto knowledge but in reality, all you need is to talk about your regular activities that remotely related to money. Leo is just taking off, so you can still jump in now.

Posted Using LeoFinance Beta

I see, so HIVE is like the trunk of a tree, all these tokens (Leo, BRO etc.) are the branches; higher the trunk goes (value increase in HIVE) higher the branches can go.
And while the trunk grows, we can make the tree pleasant by ensuring the branches blossom flowers & fruits (communities like Leo & Man Cave)

Which means increasing our Hive Power should ultimately be the main focus right? I'm starting to understand I hope.

It depends on what you want to earn in or your targets. I'm trying to increase both but based on total supply, increasing hive power is higher priority.

Posted Using LeoFinance Beta

based on total supply, increasing hive power is higher priority.

Why's that?

Simple ratio.
1700:5million compared to 4000:317million.

Posted Using LeoFinance Beta

'in supply' means it's in the reward pool not yet earned by anybody is it?

Pretty much

I probably have a few more questions. Please don't abandon me like my dad did who went out to get cigarettes.

(to my future kids: I'm joking, your grandpa didn't do that)

but it sort of gives you an idea about the benefit of curating on Leo.

Why's there a benefit in curating on Leo.
How'd you earn more from curation in Leo?

I have exactly the same thoughts, although we have different HP/LP ( i have more lp you have more hp) the approach is the same. I have also spent many hive to build my account and i will use some of my leo to nake my dolphinhood on hive, I'm just waiting the right moment.

Yeah just keep watching the price fluctuation of the two. A monumental dump in hive or significant Leo pump will be enough

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2/1 is ok for now i guess, if that happens i can catch you up on Hive power, i can always pu and enjoy the leo curation!

2:1 will be perfect. hopefully both of them rise but leo rises faster.

Seems like everyone is being watchful of their Leo and hoping to hit the trade when Leo crosses $1. 👏👏5 million in existence is bang!

People are looking at $5million range market cap actually