LeoFinance has been one of the communities on Hive at the forefront of Web3. With so many projects and even passive income opportunities littered around this community, I am super impressed with what I have seen so far.
What my my knowledge about delegations, I am really eager to see how my small contribution will assist the LeoFinance community to get better with all the beautiful projects they have on hand, as well as come up with new ones.
So why would a supposed new user like me decide to delegate to @leo.voter, the LeoFinance curation account? Well here are a few of the reasons:
Supporting our numerous users: I noticed that lots and lots of posts are published each day through the leofinance interface. Of course that is the first requirement to receive support from the leo.voter account. Many of these publications have quality and are usually about Finance. Apart from sharing their knowledge, the authors hope to receive some curation from the leo.voter account. I believe through my delegation and that of many other users, we are able to accumulate more LP, giving the curation account power to support many publications.
Enlarging the pool for passive income: I believe that some form of reward comes from delegation. I delegated although not knowing the nature of the rewards. My primary aim to to contribute to the growth of Leo Finance. I do appreciate any rewards that may come to me. But then, having a large pool of LP from where other delegators can be rewarded creates a passive income opportunity for all. This way, the community is supported and grows as one.
How much LP did I delegate
First of all, I want to mention that I participated in the just concluded LPUD on 15th of November. I had zero LEO before then, so I had to buy LEO from the internal market and power it up. I was able to purchase and power up 5031 LEO. You can read more about my entry in this post.
Now having studied how much the Leo Finance had progressed, I was very impressed and decided to delegate the entire 5031 LEO that I powered up on LPUD. You can see my wallet below:
Increasing my stake in the Community ecosystem
I do not feel like stopping because I just began. My next move would be to join the New CUB Kingdom which was recently announced in the community. You can read more about it below:
The many rewards for fixed term staking and flexible staking is something too good to miss. Its true that I have little questions too to ask about the CUB, but that would be in the discord channel. I hope to do my quota to support the increase of TVL in the CUB kingdom. together we can grow the LEO ecosystem more.
Posted Using LeoFinance Beta
This is impressive and how you have decided to support the curation account to help users who post quality content and should be encouraged the more.
Alongside that, you still get some passive income which will come in daily for you too. Thank you 😊
Posted Using LeoFinance Beta
@princessbusayo That is right. The best way to build a community is together. I believe the little I have done will go a long way to support all of us and make LEO better. How is your day going?
This is really impressive bro 👏
The Leoverse has lots of amazing projects in progress and is the "pipe-line." The growth will be massive in coming years.
Great choice of your delegation. Surely it will benefit users who create quality content, and in the same way you will also get daily leo reward as well. 👌
You @ksam actually suggested that I delegate which is one way to support the community while earning passive income. We cant wait to see all the great projects "under construction" by our amazing community. The future looks amazing
Yes I did...
But, you know Crypto is all about DYOR 😁
I'm glad you understood the reasons for taking such actions rather than just jumping into it. That makes you great and greater 👏
Hive is an ecosystem on its own. There is so much to learn and they are all exciting to explore. We do more
Yes, and what I love about it is that each community or dApp strives to grow and give out their best.
Infact, they try to create an ecosystem in the Hive Ecosystem.
For instance Leoverse is building a world on its own.
Splinterlands is another great world, along with other great Blockchain games built on Hive.
And many others as well.
Things will be great
And where there is such healthy competition, the system is continually refined because everyone wants to be the best. Amazing prospects
Exactly 👏👏
That's true
This is a really good step you have taken and I believe in building a system it's something, it takes time, efforts and resources which you just shown a good example. Thanks for your contribution to the growth of the community.
Step by step, we build. Eventually, we have a community all of us would be proud of. We can always do more together. Thanks for coming around
Thank you sir
This is a nice move Sir. Delegating is a way to show our support to a community account and at the same time, support other users who produce quality post. As times goes on, I will support communities who are doing good to support their members
Sure you are doing very well. We can all contribute to the growth of communities. We grow together. Cant wait to see you join LPUD in december
I can't wait to. I need know more about LP in other to join fully on December. Hope you will carry me along
nice one bro,new user with this much leo staked that is truly awesome
Posted Using LeoFinance Beta
Thank you so much. Glad to start from somewhere. Hoping to do more
but i dont think delegating to leovoter gives you leo
If it follows what i know about delegations, the reward should be in LEO power. Although i dont know how it works here
i guess, i noticed mine wasnt increasing when i delegated, i could be wrong, so i undelegated and delegated to @hodlcommunity instead. but you can ask around to be sure though
Ok thanks for this information. Very relevant. I will ask around as you suggested and also watch if its really adding. Otherwise, I will quickly like to switch it to @hodlcommunity
Amazing leader you are @fokusnow, keep supporting the community, little drops of water makes a mighty ocean
@essygold1 No going back. True success takes time to build. We are on the right track
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It's always good to delegate especially when you are delegating to good community that do support others.
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