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RE: LBI earnings and holding REPORT - #3

in LeoFinance5 years ago

Great to see this keep growing as the mad rush before lbi stops being issued!

I meant to ask about delegating to lbi. I haven't been around as much the last week so might have missed an announcement about it but I can delegate some if needed. What are the perks of it?

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No way to delegate LBI since it cannot be staked. It is also not a Proof of Brain token.

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Probably should have written what I meant differently (did a 12.7 mile hike earlier haha) - I meant delegating Hive Power to lbi-token?

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Yes we did a post last week to ask people, if they would, to delegate some HP to LBI-token. We got around 10K HP delegated so it was a nice campaign.

The perks is that it helps LBI to gain more Hive. There is no direct payout.

Having more Hive does two things. First it hopefully adds to the value of the Leo token as it increases in price. Secondly, it is powered up and delegated to Leo.voter, earning us even more LEO on a daily basis.

It is just another way to keep feeding the community pool and helping it grow.

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Thanks for getting back to me and explaining it all, will have a look into my account and see if I have some spare HP 🙂

Posted Using LeoFinance Beta