Using LeoDEX to Change your Voting Weight Multiplier for Hive-Engine Tokens

2 Min Read
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Hi Bloggers and Investors and users of everything HIVE.

Today I am going to do a little tutorial on how to manipulate voting weights using LeoDEX.io to save your voting power on HIVE and utilise it effectively on other SCOT tokens.

1. LeoDEX

Firstly, head on over to LeoDEX.io, login to your account (Hive Keychain is my go to):
Screen Shot 20210113 at 9.22.32 am.png

2. Rewards Page

Choose the rewards button at the top of the page and it will bring you to this page:

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3. Vote Weight Multiplier

Now on this page you can select two options next to each token on the right hand side. Either the claim button (but this is not really needed any longer as tokens are auto claimed once every 24 hours) and the vote power adjust button. Selecting the vote power button brings up the following screen:

Screen Shot 20210113 at 9.36.02 am.png

As you can see I have adjusted my multiplier for LEO tokens to x2. This means that when I give a post a 50% power vote (on HIVE) it will actually translate to a 100% power vote on LEO. This can be applied to all of the tokens including SPT, WEEDCASH, ARCHON, ASH, STEM, etc.

There is no difference from a 100% vote to a 50% vote through the LeoFinance frontend.

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It's that easy and saves your overall vote power on Hive. I mostly vote PAL based posts at 25% overall power but have my PAL multiplier at 4x so that posts still get a full 100% PAL upvote.

This feature is particularly helpful for people who hold all their tokens in one account. A short but sweet tutorial that is hopefully useful for you!

Thanks for reading.



Posted Using LeoFinance Beta