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LeoGrowth: How to maximize your lean Budget with LEO Staking/Curation

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My journey as a second layer token curator on Hive started like a joke and each day, I wonder how the seemingly insignificant decision I took in August 2019 have had a lot of influence on my personal finances and investment drive three years after.

It all stayed like a joke like I wasn't going anywhere serious till the turnaround happened.

One of the most treasured lessons life have taught me is how to use what is available to me at a particular time. My problem has never been what I do not have, rather, what I have but cannot maximize.

My LEO Growth Story

I joined Hive as a content consumer and creator who was seeking to learn and share my ideas and life experiences with the world. Along the line, I stumbled a community that I learnt the entire innovation of blockchain and cryptocurrency from the scratch and I spent hours of my day.

I can remember days when I'll create over 150 comments on LeoFInance.io just to learn from other users and share my thoughts. I finally earned attention and a huge support from the top curators of that time - @Dtrade and @Taskmaster4450le. With consistency in creation and staking of my earned LEO, I rose though the ranks of top LEO stakeholders and gave value to other content creators. Amazingly, LEO was worth less than 5 Cents those days, but I kept earning and buying as much as I could.

Life did hit me hard at the later part of 2022, and almost when I would have been financially stranded, LEO made a bull run near $1 which grew my LEO holdings to a 5-digit dollar worth and I could sell a good chunk of the tokens to meet the pressing need then and also diversified my crypto investments.

Sharing the above brief story is to encourage everyone reading this post. My target is the new Lions with a lean budget who are wondering how they would grow here.

How to maximize your lean Budget with LEO Staking/Curation

The thumbnail used in this post is quite very simple and self-explanatory. The message in the info-graphic is not in any way to undermine the need for a Hive user to stake Hive and grow in its stake, rather, opening up the wealth opportunities that abound on Hive, especially at the community/Tribes level.

At today's market realities, LEO is $0.09 and HIVE is $0.52. Acquiring 10,000 LEO would cost $900 and 1,830 HIVE would cost $950 (almost worth the same). this means that staking 10,000 today is as much as staking 1,830 Hive. Amazingly, my account presently operates with these stake balances and it gets quite easier to drive my points home.

The curation stats comparison between LEO and Hive are summarized as follows:

ParametersCrypto1Crypto 2Remarks
Coin IDLEOHIVEBoth native to Hive blockchain
Price$0.09$0.52HIVE is 5,7x greater than LEO
Stake10,0001,830Both are approximately equal in USD worth
Stake worth$900$950Both are approximately equal in USD worth
100% Upvote value0.822 LEO0.043 HBDLEO stake gives more token rewards
100% Upvote worth$0.07$0.043LEO stake gives more rewards (USD value)
Growth Potential in 202210x3xBoth would hit $1 value in 2022
No. of blockchains linked43LEO spreads to more blockchains
Staking Returns3% APY4% APYLEO gives higher staking returns
Curation Returns7% APY18% APYLEO gives higher curation returns
Possible investment worth in 12 months$10,980$3135LEO gives 3x higher staking/curation returns

From the above, having less than $1k to invest in crypto would fare better to be invested in LEO staking and curation. On the long run, investing in LEO means investing in Hive since the growth of Hive is hinged on the growth of the tokenized communities/tribes within it.

My analysis has it that investing $900 in LEO staking/curation may yield $10,980 in the next 12 months. That sounds unbelievable right? May be or maybe not. It could be worth less and even more than my projection due to the volatility of crypto.

While this is not an investment advice, I have leant by experience how this could be. You need to do your own research too.

Learn more about POLYCUB - the Best Sustainable DeFi?

These posts would be of benefit in explaining more on the DeFi 2.0 pioneered in PolyCUB and how it plays out as a game-changer in the DeFi space, optimizing yield and serving long term decent profits to investors. They are:

Are you yet a part of this fast evolving change in the cryptocurrency industry. The earlier the better!

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About me...

I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.

I am your favourite Hive Tribes Promoter and Curapreneur! I am @Uyobong. Let's connect on Twitter

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