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RE: Engagement is rewarded on LeoFinance and 600 Leo Power Achieved

in LeoFinance3 years ago

This is so cool @jfang003. 3 brilliant reasons to start your engagement journey on LeoFinance. Cannot stress enough on the importance of commenting. You make connections, you make money while contributing to the platform with your valuable inputs & thoughts. What else would anyone want!

Posted Using LeoFinance Beta

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Yea its the best part about the linear rewards curve on LeoFinance. Because of this, people aren't left out and voting comments is just as rewarding as voting posts. I think the engagement will prove that we are a strong community and it will encourage more people to participate.

Posted Using LeoFinance Beta

I still don't understand the different rewards curve yet but I have heard that Linear Rewards are quite lucrative for most people out there. And you are absolutely right, Engagement is the key to the success of ANY social media platform!

Posted Using LeoFinance Beta

Basically the earlier you vote the more rewards you get in the normal curve. When its linear, everyone gets the same amount no matter when they vote and there isn't any cutoff for rewards.

Posted Using LeoFinance Beta

Thanks for the simple explanation @jfang003. Makes sense! I think Hive follows the normal curve, right? Which might change a bit in the next HF.

Posted Using LeoFinance Beta

Yes but it won't be exactly linear like LEO and CTP. Instead the people in the first day get the biggest cut and everyone else that follows get smaller cuts.

Posted Using LeoFinance Beta

Got it so the curation window to get max rewards will be 24 hours. Is it 30 minutes right now?

No during the first 5 minutes, you lose curation rewards proportional to how fast you vote. If you vote 4 minutes after, you lose 20%, 3 minutes, 40% and onwards. After 5 minutes, then everyone after you adds to your initial vote.

Posted Using LeoFinance Beta

!ENGAGE 20

Posted Using LeoFinance Beta

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