I'm both powering down and powering up LEO

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Guess Who's back_.png

Isaria and I were very fortunate to receive a considerable share of the original LEO airdrop. We both delegated to a curation account @plook and used it to curate posts. I wasn't fully into investments at the time, but my interest was there, enough that when I wasn't able to be around HIVE as much, I was able to get started learning what I needed.

LEO and HIVE has been very good to us, good enough that with a year and a half under our belts in the area we live in, we've decided to buy a house.

With that decision made, I had to come up with enough with a downpayment and that's why we decided to powerdown our LEO accounts. It's going to provide us with the means to change our lives.

I felt guilty about the LEO portion.

So since we are on our final week of powerdown, I made some decisions that will ease that a bit.

I am fully powering down my HIVE stake (15k-ish) and will convert that into LEO. I'm also powering any rewards back up so that my curation can be impactful again.

After sitting at a combined LP of 75k.. I now offer a miniscule 12 LP, it's like starting all over again. The difference is this time, I have a ton more stability behind me that will allow me to continue on with fewer life distraction breaks.

In the meantime, my powerdown of LEO (minus a bit of a private sale I made) is going to WLEO to offer some liquidity until it's time to sell that off.

Communities and tribes such as @leofinance, @palnet, @stem, etc. can make a big difference in lives and I couldn't be happier that I get to be a part of it.

Posted Using LeoFinance Beta



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4 comments
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Buying a house with Leo?

Holy cow, that is brilliant - where I live in New Zealand a house would cost around 2-4 million Leo!

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Well, it's not paying for the whole thing, it's paying for the 20% you need for a downpayment.

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Coolest thing I've ever heard. Congrats. This is proof positive that these crazy ideas have real world value.

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