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One Week Till LPUD - What You Can Do With LEO Tokens

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Only One Week Till LPUD

There's a lot going on over here at LeoFinance.io from development on defi platforms such as CUBDeFi on the Binance blockchain and PolyCub on the Polygon(MATIC) chain which also include HIVE assets! To the alpa testing of communities on Leo to help people to find each other for topics they are interested in. There's also a full load of other projects being worked on such as Project blank, ad rev share to LEO token holders and a new push to get others involved.

What Is LPUD ?

LPUD stands for Leo Power up Day and works somewhat like Hive Power Up Day. It's a day you come together and power up as many of the token as you can, write a post about it and why you did it etc. There's also rewards and fun interaction between others within the communities.

HPUD or Hive power up day takes place on the 1st of each month.

LPUD or LEO power up day takes place on the 15th of each month.

This gives you plenty of time to stock up, write quality content (blogs or comments) and start stocking up those rewards to power up.

Why This Post Of 1 Week Notice?

With just one week away from power up day that means your comments (that get upvotes) and quality articles you write today that get upvotes will be paid out to you on power up day! That means those earnings from those actions done today will benefit you a week from today when you get your payouts for those actions for LPUD!

For full details on the prizes and how to take part in LPUD check out the official post here

What Benefits Does The LEO Token Offer?

LEO is one of the most powerful layer 2 tokens on the Hive blockchain. Not only do you earn curation rewards, posting and comment rewards just like you do with HIVE but ALL of the LEO tokens earned are Liquid. That means you can do with them as you want.

Here's a list of everything you can do with LEO tokens

  • Power them up -- This will earn you curation rewards which often at above 10%! Not only that but coming soon those powered up tokens will count towards getting a portion of the revenue share earned which looks like it will be 4% or higher each month!

  • Use Them In DeFi Applications -- I think this is the coolest thing that LEO has put together. LEO tokens and be wrapped on Ethereum, Binance and Polygon(MATIC) blockchains. They can then be added into DeFi applications such as CUBDeFi on the Binance chain and PolyCub on the Polygon(MATIC) chain.

  • Airdrops -- LEO token is often used for large project airdrops. It was used for the CUB DeFi airdrop just over a year ago and it's said (but unconfirmed yet as things can change) that it will be used for the airdrop of ProjectBlank tokens which will be a twitter like web3 social platform.

There you have it! LEO is such a powerful and what I feel currently under rated token. It's time to get involved and start stacking your LEO. With LPUD fastly approaching now is the best time to get involved.

Posted Using LeoFinance Beta