Looking for more info on how LeoFinance works

in LeoFinance5 years ago

Hi, I make videos about trading sites, like an introduction to use the perpetual swap on bitmex (see last video). I've been posting these to leo finance through the main Hive blog interface. Then I stumbled onto leofinance.io and was happy to see I have some LEO. But I have some questions.

  1. I earned these by posting on hive blog so is there any advantage to using leofinance.io?

  2. Can I use leofinance.io to post to other communities or does it only post to leofinance communnity? This post is partly a test to see where this goes as I am posting on leofinance.io.

  3. I can not see any communities on the interface of leofinance.io, where are they? this may be answered by Q2

  4. What are LEOM and LEOMM? as I typed them I am wondering is it just multiples of LEO?

  5. Can you point me towards any good tutorials of how these 2nd layer tokens work? I have been on STEEM/HIVE for 4 years but I took about a year break last year and miss the introduction of them. It is strangely hard to search for info.

Thanks for any and all help

Posted Using LeoFinance

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Hey, happy to have you here. I see taskmaster4450 got your questions answered.

You might also like the FAQ (especially for reading about second-layer tokens and understanding how we work on hive)

Https://Leopedia.io/faq

Posted Using LeoFinance

thanks, working through it now

  1. Posting through the Leofinance provides authors with their full rewards. When posting using the leofinance tag through other front ends, such as Peakd and 3speak, 10% of author rewards (curation rewards are still at full payout) are withheld and burnt.

  2. Post to Leofinance community but all post, through peakd, can be crossposted to other communities. You can also use the tags for other communities (neoxian, palnet, or whatever).

  3. Those are miners for the LEO token. That allows people who buy the miners to get LEO automatically. Can also get that by delegating HP to the leo.voter account.

  4. There is a lot of information on leopedia.io. There might be some more information about Hive Engine tokens.

Bear in mind the website for Leofinance.io is being redone and should be released in a few weeks. Right now, the site is dependent upon condenser which limits what can be done.

Upon release, the new website can be updated to provide more diverse features and have a site that caters more towards finance.

Glad to see you on here @kevinbacon.

Posted Using LeoFinance

Thank look forward to seeing the new site. I will pour through leopedia.io on the weekend.

You can also use the tags for other communities

Does that post to the community or to the tag, I believe they are different

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