LeoFinance as a Web 3 platform with an admixtures of Social and DeFi is an evolutionary platform that is ever growing in ideas and financial benefits that'll keep the Layer 2 tokenized community pushing from day to day.
As a social platform, the community is expected to encourage serious engagement that are growth oriented within the platform and this can come in for of innovative ideas that are inspiring and pro-Leofinance in approach.
This form of engagement is usually more often on the Leofinance discord platform but less on the LeoFinance.io. This has been a source of concern to @khaleelkazi and his team who believe that engagement can be returned to the LeoFinance.io platform and one way of achieving this is through LeoAds.
What's LeoAds?
LeoAds is a platform on the LeoFinance community that helps Leo Power holders to earn more ad revenue from staking Leo.
From a broader perspectives, it's a platform that encourages content creation that are traffic driven and this traffic can come through series of engagement within the ecosystem from existing users and transcend to the outside using the inside-out perspectives of engagement attracting and sharing contents to other social media platforms.
How does the LeoAds Work?
With this mechanism in place, users would just stake LEO POWER and that balance would automatically grow over time. Esentially like the CUB autocompounding Kingdom or the xPOLYCUB staking vault. The number goes up but this time it is going up from LeoAds revenue on LeoFinance.io.
The LeoAds is designed to gather ad revenue on a monthly basis (which is paid in BTC) and plough it into Leo through the following Leo exchange platforms (WLeo, pLeo, bLeo and Leo) and stake the profit into everyone Leo Power holder account.
This on its own increases traffic because everyone would want to stake Leo which is good for the community's growth.
5 Things LeoAds Brings to the LeoFinance Community
- increases traffic within the ecosystem. This traffic as I've said above can come through engagement within and outside the community.
We had 72,000 unique visitors and 247k page views. This is great but I think we all know: we can do better.Source
This is actually encouraging but like khal said, we can do better.
- ad revenue. This revenue is accrued from holding Leo stake, which is generated every month and shared to every Leo stakeholders.
- earn BTC, buy Leo. Everyone knows the worth of BTC today and using rewards from LeoAds in BTC to buy Leo will amount to something huge.
- increase Leo staking rewards APY. The current Leo staking rewards APY is between 4-10% and this could increase to between 30-40% once the LeoAds is finalized.
- increase Leo holders incentives to engage. Engagement to me is almost everything in the community. This is because you can't tell the next innovative ideas that'll come up through engagement.
It's time to reposition the LeoFinance community through your innovative ideas. Bring them out cuz it's in you.
Posted Using LeoFinance Beta
There are so many new things coming to leo/hive right now it's hard to keep up, but also exciting. I recently powered up my liquid leo to 5000 just for this.
Posted Using LeoFinance Beta
This is very good my friend. LeoFinance is going to explode in the nearest future. Thanks for stopping by.
Posted Using LeoFinance Beta
Congratulations @inspiredbyhive! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 4250 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!