Staking and delegating the leo tokens: Another way to earn passively in the leofinance community and hive blockchain

in LeoFinance3 years ago

images.jpeg

Source

Leofinance is presently the leading community on the hive blockchain and have different things to offer in terms of blogging with good curation and earning their leo tokens.

But apart from just earning and accumulating the leo tokens in to your Hive-engine wallet, you should understand that there are still ways in which you can used your leo tokens to earn more leo tokens by staking and delegating.

How to earn more leo token through staking

Firstly, what does it mean to stake your leo token?

Staking simple means to earn rewards by investing or putting some digital assets to work.

Staking your leo token give you the advantage of what we called Leo power. When your leo token is staked then that means you have hold on to certain power which you can used to curate any content on the Blockchain especially the leofinance and by doing so, you will earn an interest through curating just like when you have Hive power.

How you earn leo token through delegation

Screenshot_20220430-002322.png

Screenshot_20220430-002336.png

Screenshot_20220430-002102.png

One can earn leo token through delegation and this can be done in two ways. You can earn leo token through delegation of HP to the leofinance especially to the @leo.voter and earn your leo token everyday from @leo.bounties depending on your delegation percentage.

Screenshot_20220430-001930.png

Screenshot_20220430-002046.png

The second way one can earn leo token is through delegation of your staked Leo token to a certain bots where you can earn passively in doing so. There are different bots on the Blockchain which you can delegate your leo token to and one of them is @india-leo which I did delegate my leo token to and receive my daily Leo token rewards daily.

I hope you find this helpful and thanks for visiting my blog and have a wonderful day
I really appreciate your upvote and support
@twicejoy cares ♥️♥️♥️

Posted Using LeoFinance Beta

Sort:  

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 103 of my contest just started...you can now check the winners of the previous week!
13

So many opportunities.

Posted Using LeoFinance Beta

Yeah! So many

Hello, does @india-leo still give curation rewards on delegators?
I have not received any payouts on them.

image.png

Yes, they do