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Growing My Leo Stake Through Regular Engagement(LPUD, LEO and HODL Contest)

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Deborah
@hivedeb
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Bringing you weekend greetings from my region, hope you are fine today. Yeah, it's a pleasure to take part in this contest related to our dear community. Am glad I made at last to this contest.

Well, I got the notification for this contest in my discord but didn't bother to check it out until I saw a thread on this topic by @princessbusayo, so all thanks to her for bringing me in to this contest.

What is LEO token and its staking feature?

Leo finance was established in 2019. The token Leo was created in the year same and its project was built around the *Leo Token. Simply put, it is the tribal(native) asset of the Leofinance. All the projects of Leofinance revolve around the token. Staking Features: Leo token is rated as a scarce commodity and it has all the ability to grow. So when one stakes Leo the APY is 20%. Just like it is with [staking]( Hive Power increases influence in the blockchain so also it is when one stakes Leo Power. It is used in voting authors and turns, one gets rewarded. Staking Leo Power also will show the fact that one is serious or committing to the project.

How do LEO and LEO Miners work?

Making publications is the general way to earn Leo Tokens. When you make blogs on investment, finance, and crypto-related subjects in Leofinance community. Also one can mine Leo by staking Leo regular basis and earn up to 20% APY in return. I will also like to know more about this subject.

What are the effects of LEtokensen on Hive so far?

Hive is a layer 1 blockchain and Leofinance is a layer 2 community that is founded on the hive blockchain. The Leo Token is the case of the community. So when a user makes a publication on the platform they are eligible to earn Leo Token as a reward. The Leo Token* is an asset that is distributed to content creators and curators daily.

What are your best strategies to increase the number of your LEO tokens?

This time as I have learned so much about Leofinance and her tokens, I will consciously work on the following:

  • Increase the level of my engagement with other content creators
  • Endeavor to create more content
  • Trying as much as possible to curate contents
  • Also, try my best to stake more Leo at least this will show my level of seriousness.

Having a regular contest such as this helps in educating the new users on what the block hain stands for and also the general view on crypto space in whole because so many join with only blogging intentions but can as well learn on the go.

I love the fact that they let finance community has given itself see that this gap is bridged in no little way by all the projects she is undergoing on a regular basis.

Thank you so much for staying with me to the end

See you in my next publication

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