Strengthen The Community With LEO.Voter | Great Returns AND 100% Passive Income
I Believe In A Strong Foundation.
A long time ago, I launched something that was called the @asapers. A manual curation team with focus on the little guys. The planktons, the soon-to-be minnows. We encouraged people, both on Discord and within the comment sections. We inspired people to continue to deliver good content and we helped people whenever they struggled. I used my entire stake at the time (1000 Steem) and I delegated my SP to others, and to the @asapers account, so we could make a difference. A small one, but we did something. We did that because we believed in a strong foundation. After a long period of time, when the asapers had been cancelled long ago, I came up with other initiatives. "The Push People"-initiative was a wonderful thing and we managed to push dozens of people into the minnowhood. We managed to do that through direct donations to said user and by upvotes. Step by step, we got more minnows and our goal was to strengthen the middle class. That has been my personal desire for the past 4 years. To have a strong foundation.
With that being said, I have rather recently started to use LEOFinance and I love many of the things I see. I have become a huge fan of LEO and I have powered up 2000 LEO so that I can feel that I am a part of this. A small part for some, but 2000 LEO is ~80% of my entire Hive stake, so it's a decent amount for me personally. I've been here for about a week, I have had great results with rewards of ~350 LEO or something like that, and just a few moments ago I decided to donate 50 LEO to the Onboarding Initiative. That said, I believe in LEO.
As someone who has always been eager to strengthen the community in various ways, I have also recently delegated most of my Hive Power to @leo.voter. My delegation gives me LEO in return, which is really cool as I passively can grow my LEO stake.. But it does much more than that..
I am not available at all times and it takes time to be a Hiver or a Lion. Especially when you believe in manual work rather than automatic means. So, instead of me having 100% VP at times, or doing the crazy thing to spend most of it in one go, just to refuel for 4-5 days without curating anything during that time... I decided to use my power in a different way. I had heard good things about @leo.voter and I decided to delegate.
- I delegated 2000 HP.
This way, I will earn LEO each day which is great for growth, I don't have to keep track of my voting power and it gives me some more time.. What I noticed was this:
I seem to earn about 0.681 LEO per day.
I will keep things simple so I won't talk about compound interest, but my goal is to stake those 0.681 LEO I get each day. The 0.681 I get for having 2000 HP delegated should therefore increase a tiny bit for each day.
However, I'll keep it simple in this article and just go with 0.681 per day. That equates to 20.43 LEO per month (30 days) and 245.16 per year (12 months). - 100% Passive Income.
So, while most of my Hive Power is in work, without me doing the work, and it is used to strengthen, reward and motivate others, I can sit back and enjoy a passive income of ~0.7 LEO per day. With time, due to me staking the returns, it will grow and I will yield an even greater return.. Still without doing work, except for staking the amount I get daily. That is what I call encouragement and building a strong foundation.
Posted Using LeoFinance Beta
