Without Posting What's The Best Way To Earn Leo?

in LeoFinance5 years ago

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@leo.finance is clearly the best community in the Hive ecosystem. There are plenty of reasons for this. So many in fact that I won't bother to list them lol.

Personally, I was drawn here because from its inception it was the only reasonable community to learn about crypto and more specifically, the hive blockchain.

The problem for me though has been that I am not an expert in this type of content. It would not be the place to find my voice you might say. I love posting about things here that I want to figure out but eventually, I will run out of meaningful contributions.

I've noticed a contingent of community members that don't want to read a bunch of content specifically about @leo.finance and they may be right. (At least as far as the homepage is concerned).

So my question here is that if you are not going to post often on https://leofinance.io/ , what is the best way to earn leo?

What I can figure out so far is that delegeting to @leo.voter might be the best route. I can see that thanks to some really generous community members, engaging in comments can be fun and lucrative. I'm also intrigued by the new @lbi-token . And perhaps there are other Leo earning strategies that I have yet to discover.

I'd love to hear thoughts in the comments. I'm still hanging onto some steem I could eventually move over to hive or leo and still have about 2250 liquid hive I could be enticed to invest. (original plan was to convert to btc)

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You might want to look into LEO miners.. I get LEO from them everyday. Plus they keep going up in value.

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I may do that @davedickeyyall . I never held any miners. I'm kind of relearning things here but the pace of development is insane. I wouldn't mind some miners.

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There are a lot of different ways to earn. Primarily:

  • Staking LEO and curating content (you earn 50% of all your upvotes - we have a flat curation curve unlike Hive. So autovoting bot frontrunning doesn't exist here on LEO)
  • Creating content and earning author rewards
  • Token appreciation (speculation)
  • Delegating HIVE POWER to @leo.voter (16% APR paid out in LEO each day)
  • WLEO - ETH Geyser LP rewards (a new system we launched in the past month which pays liquidity pool providers on Ethereum for the WLEO pair. This is a bit more complex but yields the highest returns - https://leofinance.io/@leofinance/understanding-real-time-geyser-yield-for-the-wleo-eth-uniswap-pool)
  • LEOM and LEOMM mining tokens - these are all sold out, but now there is a P2P marketplace on https://leodex.io for buyers and sellers

Hope that helps! Maybe you could make a post on your findings as you explore the options and figure out what works best for you. I know a lot of people are asking this question lately of "how best to earn LEO"

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Commenting like your head will fall off if you dont!!!!

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That could make your head fall off...stop to smell the flowery bits!

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Thanks for such a thorough response @khaleelkazi . You're the main reason why I'm here. Great transparency and attention to your community.

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it's a very good idea to delegate some hive power to @Leo.voter also the lbi token and other investment tokens here in the block chain are a good way to earn leo if you publish but you can also earn leo by commenting on publications without necessarily making a written post.

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Im wondering though if I should convert my liquid hive to Leo and power up. I used to delegate to @leo.voter when it first started and enjoyed the earnings but I'm wondering if I need to grow my stake in Leo instead. But there are definitely lots of choices right now.

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I am sure you know you can earn leo from curation. What about getting done LEOM i.e. Leo miners, you earn from there as well..

I don't usually post everyday in the leofinance community so what I do is to engage in the latest and trending post of the day. You can earn as much in your comments as you do when you make a post.

Moreover engaging with other authors is great, you build relationships, get to know people and learn new things.

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thanks for responding @starstings01 . I didn't even think about LEOM. I wonder if you earn more from @leo.voter delegation. I would like to build up my stake here. I used to have a nice stake but converted to hive in preparation for the steem/hive war. Big mistake on my part but who knew?

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I don't have much delegation to leo voter, but I receive 0.02 leo daily for delegating 100 Hp.. Once my HP hits 8k, I would probably increase my delegation to 500 hive to leo voter.

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It all adds up, day after day.

This is often hard to see but let it grow over a year or more and you will see a bit of a difference in your account.

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Yeah it does... Little drops of water makes an ocean.

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I would stick to delegation over the miners. I think to be successful with the miners, it requires a lot of them.

With the leo.voter, you get 16% a year. That is nothing to sneeze at.

Also, curation using your LEO stake is also another great way to get LEO flowing to yourself.

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Commenting. Commenting. Commenting.

Leave hundreds of appropriate comments a week and you will be earning LEO, guaranteed.

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I appreciate all of your input on this @taskmaster445Ole . I'm having a lot of fun commenting for sure. I think building my stake and curating will be where I land. I'm just wary to lock up my steem and hive again. I like have liquid around event though I've never pulled the trigger on trading it lol. I wonder if converting my 10,000 steem/hive holdings to leo would pay off faster?

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I wonder if converting my 10,000 steem/hive holdings to leo would pay off faster?

Hard to tell. Also impossible to guess if it will pay off bigger.

Will Hive do a 10X to $1.20 versus a 10X in LEO to $2.50? Which will get there quicker?

That is the quandary we all find ourselves in.

Maybe take 1,000 of the other holdings and put them into LEO. Still have 90% of what you had before but you get a bit more exposure on LEO, which you could curate from.

Plus, LEO has a 4 week unstake versus the 13 week on Hive.

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Good points. I've never sold or converted any of my steem. I bought in as it was going up in 2017. I earn $83 every time it goes up a penny. But I really doubt steem has a real future. Leo seems to have some smart and very transparent people at the helm. I feel like if the community grows it can go where steemit was supposed to. Especially with the whales actually distributing leo to the creators through votes. It's so nice to see this.

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This is definitely my aim. I don't have much of finance content but engaging seems to be quite fun especially with the upvotes that comes in the comment section as encouragement.

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The thing with comments is that vast financial knowledge is not required. It is rather simple to get the "jist" of what an article is discussing (or another comment) and add to the conversation.

This is something that many miss. We all have something we can add.

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Almost everybody on the planet buys or sells some sort of goods or services. We can (which we just started) can accept Leo as a form of payment, keep some and spend some.

In our case we found a way to add accepting Leo ET AL cryptos to shopify sites. So in this way we will over time build our Leo holdings.

Aloha, Richard

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