What does LeoFinance Ecosystem Entails? Threads, Cub, PolyCUB, Engagement...
Greetings to my esteemed Lions on the LeoFinance ecosystem and the entire hive blockchain. It's another day and time to share with you happenings around the LeoFinance ecosystem and how you can take advantage of the opportunities that are inherent on the ecosystem. It's your friend @faquan, saying hello from this part of the world.
At the beginning of creating the LeoFinance tribe, it was completely meant for creating contents on crypto and finance but today everything has been transformed for the better with the continuous advancement of the community to encapsulate both Web 3 and DeFi platforms.
Prior to now, many people on the hive blockchain have the notion that contents created on the LeoFinance ecosystem is meant for professionals in the areas of finance and crypto. Although from an outside-in perspective, you'll understand why people believe that the LeoFinance ecosystem is meant for professionals. For example, in the area of being consistent in creating contents that are Leo friendly you'll understand their fears.
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.Source
If you look at the information about LeoFinance you'll understand that there's a lot of changes that have occurred over time and this is in the area of microblogging on the hive blockchain.
Microblogging here entails what @anomadsoul describes as:
Threads is Twitter on the Hive Blockchain... On steroids. While riding a T-rex. Monetizable, Decentralized, Immutable, with in-dapp transactions, and on top of that, it is Censorship-proof.Source
Leothread as it's called is a leading Crypto-Twitter that encapsulate all manners of contents irrespective of the fact that it doesn't contain finance or crypto, giving everyone on the blockchain a voice and equality.
One unique thing about #threads to him is that it's an avenue for engagement and post promotion. Before now to promote your post on the LeoFinance ecosystem you only need to add the hashtag LeoFinance, or finance as well as crypto but today it's different with the presence of threads.
Engagement in any community is very important and increases the Monthly Active Users (MAU). A community progress isn't rated on the amount of stakes that members invest in but it's also rated by the activities of members on a daily, weekly and monthly basis.
At some point last year, it was very difficult to attain 2000 Monthly Active Users (MAU) but with thread I believe it has surpassed 10k Monthly Active Users.
LeoFinance DeFi Enterprise In March 2021, the LeoTeam launched the first LeoFinance DeFi platform known as CubDeFi or CubFinance. CubFinance saw a tremendous growth at it's infant stage but gradually dwindled in it's performance leading to abandonment by most holders who didn't see the need to keep the token.
The arrival of PolyCUB a year later, brought hope back to the LeoFinance DeFi space with mass influx by investors. PolyCUB would have hit a rock end but the increase in HBD savings interest to 20% changed the face of PolyCUB whose aim was to fill in the supply gap created by the HBD percentage increase. This led to the launching of pHBD-USDT vault and later the PolyCUB MTB.
On replicating this on the CubDeFi platform, Cub came back alive and today is one of the lifeblood of the LeoFinance ecosystem. To understand more on the DeFi platforms visit the site below:
This developments have created more use cases for both Hive and HBD and created more avenues on inter-chain interactions and benefits for the on-chain tokens on the Binance smart chain network and polygon.
The LeoFinance ecosystem is also expecting an upgrade on Project Blank IU. I'm anticipating a huge development that'll change the face of the LeoFinance ecosystem and the hive blockchain.
Posted Using LeoFinance Beta
