🔥 What is the ROI for my 4k Leo miners (LEOM)?

in LeoFinance2 months ago (edited)

Hello!

Some days ago I bought 4k LEOM at 2 HIVE each. They were quite scarce and the amount of LEO that are generating is quite interesting.
Specially if you think that the future for the Leofinance project and the possible value of their token in the future.

I believe in this project because I've seen some good-oriented decisions by the founder and their team.
I particularly think that HIVE developers should start looking at which things are going well for Leofinance and start doing it. Creating liquidity pools for wLEO in Uniswap is an example of this great decisions.

I am really excited about the new Login integration with Metamask that will allow Ethereum users to use Leofinance in a way that any project have done before. I think that if this implementation works well is HUGE for the project!


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About the LEOM ROI

I was at the Leofinance discord yesterday and I saw an interesting chart from the user @tonimontana that showed the mining rewards for the last days. I asked politely if he can make one for me and he did.
Thank you!

Note that I have currently staked 3700 LEOM at my account @llibertat and that I am waiting for the last 300 to powerdown and be staked there too

Here the results for the first days:

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Some calculations:

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So, I am making 12 LEO per day approximately and I have 300 LEOM to stake. So, I should get around 13 LEO per day with the current miners.

Now the fun part

I have bought this miners for 2 HIVE each. The market is not very LIQUID but they are being bought for 8 HIVE each:

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That is a x4 in a couple of weeks! Amazing!
I think they are worth 10 HIVE each at the current prices so, from now I am not selling any.

I spent 1,280 $ and now they are worth 5,120 $.

That is a 3,840 $ profit! HUGE!

Regarding the passive income they are generating:

13 LEO per day x 30 days is 390 LEO per month.

At the current prices: 93,6 $. It will take a year at this prices to pay for my investment...
At 0,50 $ LEO things get interesting. The amount generated is 187 $ that will pay for my investment in 6 months!

Looking for 0,50 $ LEO price! 🔥🔥

Enjoy! 😊


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I bought a similar amount of LEOM at the same price and am very happy with my investment!

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Really good! Congrats!

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So you might of been the guy to buy up all the miners as I was trying to do the same. Good job I think that will lay off handsomely.

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There were 5-6 people that were buying more than me!

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I was Late to get funds so I missed it. It’s a great opportunity so I’m happy people are seeing it.

Wow so you already have a 400% ROI on your miners and it's kicking off an 85% APY that is absolutely insane, I am so jealous I didn't get into the miners when I had the chance

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New opportunities will arise.
Let's be focused here and we will be able to see them!

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every time you are with leo you must bet all that I think, congratulations on your investment

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Thank you!

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The Leo Miners are definitely sure to pay off.

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They are already doing!
Excited for all the new developments that are coming
Thanks for the support @rollandthomas! :)

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I see a lot of questions from people who bought only a few LEOM and don't feel their rewards are worth it.

What is the minimum LEOM staked that you see being worth it?

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From my experience if you have 500 staked you will average 1-2 LEO per day.
That is not bad considering that LEO now is trading for 1.7 HIVE. This could be more in the future if the price of LEO keeps rising in value!

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You hit it big with 4K LEO Miners, I only grabbed from the market 120 miners as I found pretty late in the game about them. Still, I could have bought more, but somehow used just the liquid HIVE that I had at that time instead of putting some more blood in the game. Nevertheless, this is one of the best moves as beside the mining itself the price of LEO Miners more than doubled from 2 to 5 Hive and probably they will move towards 8-10 Hive.

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I agree. If the price of LEO keeps rising this miners could be worth a lot more in the future!

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We missed the boat :)

It's never too late! New development incoming for Leofinance...

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I was out of funds when I discovered LEOM token although I bought 43 of it. Staking that will yield little or nothing

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Mining LEO with the miners is more kind of a whale game, it makes sense to have bigger quantities.
However with this 43 miners you are still able to trade them for a lot more that what you paid for them.
It can be still a good investment for you.

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That's true though but I'm not selling off any time soon

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