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Are You Ready For LPUD? Important Things You Need to Know

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Hardaeborla
@hardaeborla
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Hello Everyone!!! I hope you are having a great time over there? It's really nice to see you visit my blog today and I must say I'm really happy to have a great personality like you visiting my blog today ๐Ÿ˜Š. Thank you once again๐Ÿ’•

I'm quite sure Leofinance shouldn't be a strange project or community to most of us most especially for Hive users because Leofinance community can be seen as one of the top fastest growing community on the hive blockchain.

LeoFinance is a web3 social platform where users get paid for creating or posting, upvoting and engaging or interacting with cryptocurrency and finance related contents. LeoFinance is a Web3 community that utilzies blockchain database technology to store content and transactions. The community content is focused majorly around cryptocurrency and finance with a connection to a blockchain allows authors to participate in a daily rewards pool. The rewards pool automatically pays the authors of the best quality content each day through the use of upvotes. This implies that users can earn free upvotes from @leofinance making such users to earn free LEO tokens whenever they publish good quality content related to Cryptocurrency and Finance using Leofinance supported platforms such as the Leofinance mobile app or leofinance website (leofinance.io).

I already stated earlier that LEO is the native token or cryptocurrency you earn on Leofinance. This simply connotes that Leofinance reward it's users with Leo tokens just exactly the same way Hive rewards it's users with both HBD and Hive tokens, or the same way Steemit rewards it's users with Steem, SBD and TRX tokens. Anyways, that's just by the way..

I stumbled a recent publication by @leogrowth which can be found here , the team is trying to introduce a new monthly event for all Leofinance users (Lions) known as Leofinance Power Up Day (LPUD). This is definitely the first ever power up event in the Leofinance space and this is coming up on the 15th of this month. I suggest you read more about the LPUD monthly event via the link attached at the end of this post for better understanding.

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My major purpose of writing this content is to guide you as regards to the important things you need to know about this great event and the advantages involved in taking part in the LPUD event as a Lion. I definitely hope you will find this post helpful and educating.

Since the event is all about earning Leo tokens and power up Leo tokens, the question a new Leofinance user (Lion) will definitely want to ask is that *how do we earn or get Leo Tokens? This is a very simple question with a simple answer explained below;

**How to Get LEO Tokens**

There are actually several ways of earning or getting Leo tokens as a Leofinance user. In this part, i will try as much as possible to explain the few ways in which you can earn or get LEO tokens. These methods are listed below;

#1 EARN BY BLOGGING ON LEOFINANCE The most commonly used method to acquire free LEO tokens is by creating content or blogging on Leofinance platforms such as the Leofinance mobile app or Leofinance website.
The beauty about Leofinance is that whenever you create content related to finance, Cryptocurrency and blockchain technology using Leofinance content publishing platforms, you will automatically be rewarded with free Leo tokens.

I sometimes make use of the Leofinance mobile app for android users due to it's great features as seen in this review and sometimes I do make use of the Leofinance web version which can be accessed by inputting leofinance.io into your browser URL. The fact is that whenever you make use of Leofinance mobile app or browser you are automatically elligible to receive cool upvotes which earns you free Leo tokens on your posts.

#2 ENGAGEMENT Another method of earning free LEO tokens is by engaging in other Leofinance users posts and comments. I'm quite sure not everyone is aware of this method but the fact is that there are some Lions earning free Leo tokens just by engaging in other Leofinance users posts. If you are doubting this method of earning free Leo tokens, I suggest you ask @uyobong, @ifarmgirl, @taskmaster4450le, @khaleelkazi, @barski just to mention a few, they will definitely testify to this method of earning free LEO tokens and the good news is that this method of earning is calculated every week.

Another trick I sometimes use to earn free Leo tokens is by making it to the top 10 early commenters on @leofinance and @leogrowth published posts. Users who make good comments very early whenever @leofinance or @leogrowth publishes a content or posts may definitely have a higher chance of earning free Leo tokens through the @leovoter upvote earned on for commenting.

#3 ENGAGE IN LEOFINANCE CONTESTS Another method of earning your self free LEO tokens is by taking part in contests that makes you earn Leo tokens. You can find such contest using @leogrowth and @leofinance official blog page even though the contests might not come everyday for now but I suggest you stay updated with these two accounts on Hive to avoid missing out on contest.

I could remember @leofinance organising a Mobile application layout design contest to be used on playstore in which the lucky winner gets upto $500 worth of LEO tokens even though the contest has ended. I suggest you follow @leofinance and @leogrowth account on hive to avoid missing out on contests which can fetch you free Leo tokens reward.

#4 BUY LEO TOKENS

The last but not the least method to get Leo tokens is by buying Leo tokens with Hive. This can be done by making use of Leodex . Leodex is a supported Decentralized Exchange by Leofinance which enable users to trade their Hive tokens for Leo tokens the same way their Leo tokens can also be traded back to their Hive tokens depending on the market value or worth of the required token (Hive/Leo).

**How To Power Up Your LEO Tokens**

After earning or getting your LEO tokens, the next question a new Lion will definitely want to ask is that how can LEO tokens be Powered Up?

This is really a very easy thing to do and I will also be guiding you on how you can achieve this by making use of Leofinance Web browser (leofinance.io). It is also important to let you know that I already powered up most of my LEO tokens but since I still have only few tokens left, I will be making use of the few liquid LEO tokens available as this will also serve as a guide for you.

  • The first step is to visit https://leofinance.io/ and click on the sign in option as seen in the below screenshot

  • After that you are meant to link your Leofinance account with Hive using Hivesigner as shown in the below screenshot;

Once you click on the Hivesigner button you will redirected to Hivesigner interface where you will be requested to input your hive username and hive posting key (as password) as seen below ;

Once you are done with this you can click on the continue button to access your Leofinace Web interface which shouldn't be a new thing to most users here.

The next step is to click on your profile icon and click then on wallet as shown in the above screenshot.

You will be automatically redirected to your leofinance wallet which shows your available liquid LEO token balance and also your powered up LEO tokens balance.

To power up your LEO tokens, you are meant to click on the power up icon as shown in the above image

The next step is to select the amount or quantity of LEO Tokens you intend to power up by inputting the required amount and click on the continue button as shown in the below screenshot

You will be redirected to authorize or approve the transaction using Hivesigner as seen below;

Once you've authorised the transaction via Hivesigner, you automatically have your LEO tokens powered Up as you can see in the below image ;

I guess you can definitely see how easy that was!!! Taking part in the coming LPUD event also has it's great benefits or advantage attached. I suggest we learn few things about the likely benefits that can be generated from the first ever coming LPUD event.

**Reasons You Should Take Part in LPUD Event**

#1 GAIN MORE INFLUENCE ON LEOFINANCE PLATFORM

One of the major benefit of powering up your LEO tokens is that you tend to have more influence on the Leofinance platform. This doesn't mean that users with lower Leo Power are left out in the game. One of the reasons I love Leofinance community curation pick is that your posts get curated irrespective of your Leo Power provided it contains high quality content and well formatted, but at the same time Powering up your LEO tokens gives you winning edge to earn more influence on the Leofinance platform. The same can also be observed on other decentralized social platforms like Steemit and Hive where the whales tend to earn more influence on both platforms.

#2 MAKE LEO TOKEN MORE VALUABLE

Another cool advantage of the Leofinance Power Up Day Event is that it will also help to impact the price or value of LEO tokens. The fact is that whenever you sell or dump your LEO tokens in the market, it affect the price of LEO by making it loose value but whenever you buy more LEO Tokens or Power Up your LEO tokens, it helps to add more value to the worth of LEO. The more we have more users buying and powering Up Leo their tokens, the more valuable Leo tokens will become.

#3 EARN FREE REWARDS FOR TAKING PART IN LPUD

The last but not the least advantage of taking part in LPUD event is that users are liable to earn free delegation rewards as stated by @leogrowth. According to the recent publication by @leogrowth, it was stated that five random users who fulfill the necessary requirements will get one of the next prizes:

This means there will be 5 bonus winners, one winner for each prize

Thank you for your time, I'm definitely looking forward to see you at the Leofinance Power Up Day Event and I hope you will also take part in this great event

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About Me

I am Adebola by name and I'm also a graduate of Agricultural Engineering (BSC). I am someone who cherish self development and being productive is in my DNA, this is why I am always open to learning from anyone and I love making research. I have been in the crypto space for the past five years and my level of enthusiasm for cryptocurrency and blockchain technology keeps increasing day by day. My hobbies are reading, writing, eating, engaging in agricultural operations, travelling, designing and blogging. My skills include Content writing, Graphic Design, UI/UX (Product) Deisgn, Copywriting, Internet Marketing, Blogging, Research and Coding (Novice). Feel free to connect with me via; Email Telegram Discod: Hardaeborla#103 Twitter

If its your first time here?? Start blogging on Hive and start earning free Hive tokens and HBD.
Hiveย : This is a native cryptocurrency used to reward Hive bloggers. Hive has a thriving ecosystem of over a hundred apps, communities & projects and is home to some of the most-used Web3 apps in the world, such as @splinterlands, @peakD, @HiveBlog, @leofinance and many others.

HBDย : Hive Backed Dollar is the stable coin used on Hive blockchain. It is pegged to the price of one US dollar and users can earn 20% APR on HBD savings. Learn more about Hive blockchain here

Thank You for your time and I hope you have a great day ahead with love from @hardaeborla ๐Ÿ’•โค๏ธ๐Ÿ’•โค๏ธ๐Ÿ’•

Posted Using LeoFinance Beta