Noticeable Leo Progress

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(Edited)

Hi fellow Lions,

Today I wanted to appreciate the progress, albeit later than others, that I've made with Leo tokens!

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Noticeable Leo Progress

With the Leo ecosystem, one of the things that I did in the beginning which may not have been the best idea in hindsight, was sell my initial tokens and stake. I used that mainly to fund my Splinterlands beginning journey so I can't really complain, considering the value my Splinterlands assets are now.. I digress though!

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One of the things that I've really enjoyed of late are the different things that go on in the Leo ecosystem like the LPUD that was recently started despite it being a fun trend to do the Hive side for a while. That, among other things, made me get more focus back into the Leo side of the house! Since I've done that, it's been great to watch it all grow with my account!

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Having started a dedicated curation account for a few of the different Hive Engine tribes out there, my Leo one is definitely the only one that I continue to use to this day which is fine because you never know what things are going to take off and what ones aren't. It's a little sad to see the other tokens like Pal, Lotus and Sports haven't really gone anywhere as I had decent stakes in those and still do but I'm glad that we also have the ability to have specific accounts for this stuff. This helps allow us to have different sets of curation coming in! I don't want to curate on my main Hive account the Leo posts, as much as I'd like to spend my voting power on that, I've got other Hive communities that I use that on such as the Rant community I started a year ago among others.

The positive change that I've noticed and really appreciate over the last 6 months or so is the ability to gain more curation rewards per week while my stake goes up, and the need to drop my voting power per vote so that I can vote on more posts but still gain curation rewards for each of my votes. I know it might not sound like a lot but it's a pretty significant improvement for me! I was voting everything at 100% for a while so that I could get some small curation rewards on my Leo account. Then I moved it down to 75% for a bit and after I got the chance to stack a nice 600 Leo at once, I was able to drop it down to 55%. I'm now sitting at 45% vote strength per post and I'm going to drop it down to 40% after the next #LPUD which is going to be great! The more votes we can throw around the better I think. It's a good problem to have that's for sure! I can hardly imagine the days where my Leo stake is going to be over 10k, having to vote everything at 15% is going to be great but take a lot longer to use up my Leo power per day lol.

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All of these benefits are coming at a time when there is a market downturn, before the bull market kicks off. The bear markets are definitely the best time for growth and where the real money is made! The bull markets are where the profits are taken and money is spread around. The only tricky factor is trying to figure out how to have the liquidity to take advantage of a situation like a bull market, while also building during a bear!

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Posted Using LeoFinance Beta



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10 comments
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I want to convert some of my HBD to Leo for the LPUD coming in a few days but I don’t really know how to do it. I also don’t know how to power up the LEO tokens I’ll get after the conversion. Help me out please?🙃

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I’ll give you a run down tomorrow. Leo power up day is on the 15th of the month so we still have a couple days! Lol. It’s pretty easy to do. I saw you also have some HBD in your wallet, you should move 2-3 of it to savings so you can earn some interest!

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Did you mean today when you said tomorrow? I feel like you said this last night and now it’s today lol. I’ll be waiting on your profile. You got a stalker today haha.

I saw you also have some HBD in your wallet, you should move 2-3 of it to savings so you can earn some interest!

I just did. Moved 3 HBD to savings. I’ll be a pro on Hive in no time if you keep teaching me these stuff:)

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Lol yeah I meant today! It was 10 PM my time when I sent that hehe.

Do you Access hive from a phone or laptop? It’s a little easier from a laptop if you have it but in either case you should get the Hive Keychain app. It’s a chrome extension or brave extension on a laptop and an app on iOS and Android store.

If you use that app, you can use PeakD website (PeakD.com) to manage your account the easiest in my opinion. Their wallet page is the best!

Go to your wallet on PeakD and click on the drop down arrow next to your HBD where you used it to deposit into savings. Go to “market” and that will bring you to the hive internal market where you can buy and sell hive. You want to buy hive and you can click on the latest price for hive to get the most accurate one. You can either use all of your HBD to buy hive or just a portion of it. Buy the Hive with that and sign the transaction.

Now refresh your wallet on PeakD and you should have all or a portion of the hive you bought, depending how quickly the HBD can be sold for hive based on orders being placed.

Now that you’ve got some hive in your wallet you can now go to the website hive-engine.com and if you have the keychain app, it’s super easy just type in your account name to sign in. Then you will need to navigate to your wallet page in the top right. Here’s where you can see if you’ve got any tokens in hive engine you haven’t done anything with yet.

From here you can also use the “deposit” button and use that to deposit hive. Choose that when it asks you what you want to deposit. It charges you a 1% fee or something small.

Now that you’ve got some hive in your engine wallet, you can now use that to buy leo. There should be a button called “tokens” in the top of the page somewhere and you click that. It’s going to ask you what tokens you want to buy and you can find leo or search it.

Now there’s the market page for hive engine stuff and you can buy leo. Make a purchase with the quick buttons there, I usually just choose the lowest price it’s selling for and use all the hive I’ve got on there and snag up some leo!

To then power the leo up, you can go back to your wallet page in hive engine and one of the buttons on the right side of the name Leo is for “stake” where you can stake it.

Save the leo in your wallet until the 15th and then stake it and post about it! The first tag on the post should be #lpud so that people know you’re powering up Leo! Also, write the post from the Leo Finance website, leofinance.io I think it is.

This was all written by memory on my phone so pardon if some of it isn’t perfectly accurate hahaha but it’s not bad once you do it a couple times!!

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(Edited)

Do you Access hive from a phone or laptop?

I use a phone most of the time but when I need to use the Leo Finance front end for example, I use my laptop because the TestFlight App seems to not be responding the past few days. I’ll use my phone for this and if I’m facing problems I can try the laptop.

I’m doing it right now. Thank you sooo much for the tutorial. I’ll edit this comment and let you know when I’m done:)

Edit 1: I see my HBD to Hive conversion will take 3.5 days to complete if I want to use PeakD or Ecency for the conversion. I’ve done an HBD-HIVE conversion before on the Hive.blog wallet and it was almost instant. Can I just use this instead, or is there some added advantage to using the PeakD and Ecency conversion and waiting the 3.5 day period?

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Ah we don't want to "convert", we want to use the market. Conversion is good if you don't need the funds right away and it's "better" in the long run because it gives you exactly the exchange rate whereas the market is fluctuating. Sorry I should have specified that!

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💪😉😎 Nice! GO LEO and that reminds me to go check out my leo wallet..

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For sure! Leo is coming along nicely! Give it a look, hopefully you have a few hundred Leo!

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