How To Reward Comments With LEO Tokens That Are Not Yours

in LeoFinance2 months ago

The title sounds like a real scam, but trust me, it's not, it's a real thing and can be used by anyone.

With opting for linear rewarding curve, Leofinance has changed how engagement is rewarded on the platform, showing a better model than what we have on Hive. You can vote on posts and/or comments any time, without being penalized. This is a huge incentive, however, it's not as easy as it sounds. Not many have a considerable stake to afford to vote on all comments.

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My stake is 500 LEO at the moment (plus 760 delegated) and a 100% upvote would only mean 0.05 LEO. This is obviously nothing, especially split in half. Giving 100% upvote for every comment would drain my Hive VP in a couple of minutes and then I would be waiting a day or to for my voting power to recharge. Thus, no matter how much I'd like to vote comments, I can't at the moment. I'm working hard to grow both my stakes, LEO and Hive, to be able to curate freely but we're not there yet.

One Possible Solution

Those of you who are commenting on my posts regularly know that I like to distribute ENGAGE tokens. This is a token created by @abh12345, issued by @misterengagement, and designed to incentivize engagement. Anyone holding 1000 ENGAGE tokens can reward comments by issuing ENGAGE tokens.

This is the introduction post, you can read more here. This post is from last year, so it refers to Steem but the project has been moved to hive, so don't worry about reading Steem everywhere.

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The market price of the token at the moment is 0.01509, so buying 1000 tokens would mean investing 15 Hive. You can earn those tokens as I did and build up your 1000 Hive only by commenting, but it takes time.

Why Is This A Good Opportunity?

@misterengagement's vote comes with a trail and the vote you get in total worth 0.05 Leo. Obviously this is not much, but beggars can't be choosers, it's a free possibility, why not use it?

I know @ocd is helping users who want to participate in issuing ENGAGE tokens with topping up their stake. Maybe you can ask for help in OCD Discord, if you have some accumulated already.

Needless to say, abuse is not tolerated here. Use it wisely please.

If you have any questions, just ask, I'm happy to help.

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This is really informative, I learnt alot, but how can I check those engage token or where do I visit to see them if you don't mind.

You can check your wallet on LeoDex.

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Oh, that's good, thank you.

You're welcome.

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You should see a little bit of the token, if you don't already, now! Enjoy :D

!ENGAGE 15

That's kind of you, thank you such

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Thank you for sharing that, I really had no clue how it works.
I will buy 1000 ENGAGE and start using it then !
One more tool in my toolbox :)

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MY pleasure, I'm glad you find it useful :)

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Good point and I tend to forget about them when we should be pushing them on decent comments.

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Indeed, you should use it too!

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Its always fun when your rewarded with that, or Beer-toke or Wine-token :)

It is indeed 🙂

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He's a good lad, sometimes :)

Thanks! I didn't know how this worked.

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