Pretty much.
Scenario 1
You delegate LEO Power to meowcurator and you don't do anything else. You receive liquid LEO rewards every day.
Scenario 2
You delegate LEO Power to meowcurator and you send 0.001 LEO to meowcurator with memo auto now you get paid meowLEO each day instead of liquid LEO, by holding meowLEO, you get more each day.
Scenario 3
You don't want to delegate anything. You can buy meowLEO off of Hive-Engine market and HODL that. You get LEO/meowLEO (again, depending on if you auto it or not) rewards every day.
Will work perfect if enough buyers are out :) Thanks for the explanation :)