Can I get any benefit by keeping my WLEO 37 as it is now?
holding WLEOs will just allow you to participate in the appreciation of the LEO/WLEO token (since they are closely tied). You won't have earning power with liquid WLEOs until you either add liquidity to the WLEO-ETH pool or unwrap WLEO into LEO and power it up.
Do I need to unwrap WLEO to become LEO?
Unwrapping WLEO is what allows you to receive LEO. yes, you must unwrap WLEOs in order to get LEOs back.
How can I do to be better?
If your goal is to HODL LEO/WLEO and earn rewards then I recommend two things:
- Stake LEO as LEO POWER and earn curation rewards for upvoting
- Deposit WLEO and ETH into the Uniswap pool to earn LP yield rewards
#1 can be done with smaller amounts (like 37 LEO).
#2 should only be done with larger amounts (minimum of $100 per transaction to get money into the pool)
Hope this helps!
Posted Using LeoFinance Beta
