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Unstaking My Leo

avatar of @sharkthelion
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@sharkthelion
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2 min read

Don't worry, I'm not giving up on Leo or anything.

After watching the last #ama, an idea popped into my head that I should unstake my Leo and add it to the farm on CubDefi. If there's going to be a push for the Leo token, it still has a liquidity problem. While it may seem to some by unstaking that I'm unsupporting the project, this is not the case. I think that providing my Leo as liquid Leo will help people buy more and only help the big picture.

How much will I unstake?

I'm not sure. I unstaked all of it to begin with, only so I'd get the biggest power-down amounts. I don't think I'll let it get down to zero.

Post rewards, going forward, will still be powered up. One of my goals is to post more on Leofinance. Well, and Splintertalk. And Weedcash. And a bunch of others. The communities here on Hive are really what we need to promote. Hopefully, if I can come up with things people enjoy reading, I can earn more Leo that way. I'll plan on staking anything I earn from posting.

It's all staked on my @sharkleo account. To me, it always made sense to have separate accounts for each Hive Engine token that I was staking and with which I was curating content. I have most of my Hive staked on this account, @sharkthelion. Right now, I have a lot of it delegated out for various reasons, but I still earn Hive curation rewards here thanks to some delegations I have coming in.

If Leo gets much cheaper, I may just buy a bunch more and stake it here again, too.

Time will tell. I'm in this for the longrun, like I keep saying. I'm willing to see some ups and downs and react accordingly.

Posted Using LeoFinance Beta