Today marks the day I achieved a stake of 1,000 HIVE and LEO on my account. I am bullish about both of these tokens and I believe that they will do well in the future.

1,000 Hive Power (HP) Milestone

This is my current HP as of this morning and it shows that I finally have 1,000 Hive Power. As stated in the image, HP has a variety of uses:

• Increased curation rewards and higher valued votes
• More resource credits (needed to do any transaction on the HIVE block chain)
• Increased weight in proposals and witness votes
• Inflates at 3.34% currently even without doing anything
• Can be delegated out if you want passive returns in HIVE or Hive Engine tokens

I have also heard of an airdrop coming for the Speak Network going towards people who are staking HIVE as well.

1,000 LEO Power (LP) Milestone

LeoFinance is one of the communities that I engage with the most in the block chain. The LEO token is on ETH as wLEO and on BSC as bLEO. One of the ways you can earn LEO tokens is by making posts or commenting on LeoFinance. When people with LP vote on your content, you will get back some LEO in return.

Today I staked 125 LEO to in order to get 1,000 LP. There are also various reasons to stake some LEO and the current uses include:

• Increased curation rewards and higher valued votes in the community
• Airdrops to community holders such as CUB
• Delegate to @amr008.leo or @meowcurator if you want passive LEO returns. Alternatively @brofi if you want BRO tokens

Similar to HIVE, you can vote or delegate it out for returns. In the past they airdropped CUB and CINE tokens to stake holders in the community. The upcoming airdrops that I know of is Project Blank but I don't know when it will happen.

Project Blank is the new decentralized micro-blogging application they want to build on the HIVE blockchain and I think the current plan is to release it by the end of the year. It was suppose to be released earlier but I believe it was more difficult than expected and they shifted the focus onto Cub Finance.

For delegations, @amr008.leo upvotes comments made from the LeoFinance front-end as part of the his engagement project. Not only do you get dividends, you also support the community by getting more people on the community's website. He tries to add in some of the author rewards so the APR there might be greater than normal curation.

The second delegator @meowcurator is the first one to return LEO for LEO delegations and you can read more about it here. The last way I know of is to delegate it out to @brofi for BRO tokens. You can read more about the project here but BRO is a dividend token. It drips some tokens to you each day depending on how many you hold in your wallet.

Conclusion

With that I have accomplished my LEO goal for the month that I set in my HPUD. I plan on saving up for my monthly CUB deposit later this month. At the same time, I think that this also marks a milestone in the HP I hold.

Please feel free to leave a comment if you have any questions or feedback.

Posted Using LeoFinance ^Beta