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RE: Leo Talk 7/29/21 - Come Join Our Chat

in LeoFinance3 years ago

Naa, you don't also earn ETH on ERC-20 tokens in the same way you earn HIVE alongside Hive-Engine tokens.

Earning Hive-Engine tokens alongside your HIVE all comes down to the Hive blockchain's unique distribution method of a daily rewards pool.

Remember that when you post on a layer 2 community such as here on LeoFinance, you're still publishing to the Hive blockchain.

This means that you are eligible for both sets of rewards.

The Ethereum blockchain on the other hand, doesn't use a rewards pool system like Hive to distribute tokens.

Therefore when you 'earn' an ERC-20 token like BAT, you are not doing so from a rewards pool as we have here.

While both are layer 2 tokens, the Hive and Ethreum blockchains are designed completely different, with completely different tokenomics and distribution.

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Oh cool, I knew that the answer to the original question was "no" but I wouldn't be able to explain why. Thanks for the explanation

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Living and learning my friend. That's why the community is important to our learning.

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So the dream is dead. I had a feeling the answer would be "no," but I wasn't sure why. That's a good explanation for why the situations aree different. Thanks for the clarification.

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