Leodex ... Vote Weight Multiplier..... A Very Effective Tool.....

Hello all friends...

This is part two of series about leodex , to check the first part please click here

Leodex a decentralized exchange for Hive-based tokens.

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After the release of tribes/token on Steem/Hive ecosystem the users got different tokens in their accounts as per the eligibility. To get add more tokens to your account you have two options first you can but them directly form the market or you can create the content and use the specific tag to earn the tokens (option two is applicable only if token is stake able).

When a person create the post and use specific tag and if the people with voting power (specific to that token) upvote's you that means you will earn tokens (Author rewards).

Now what you can do with those tokens?
Simply you can sell them on market or you can stake them. By staking then tokens means now you also have some Voting power (specific to the token) and when you upvote other's content (with specific tag), you will get Curation rewards also.

Till now every things seams to be ok problems comes when You have multi pal tokens to stake in one account.
Let me explain you - Lets suppose in my account I have 5 different tokens (T1,T2....T5) stakes and all have some voting power associated to them. In a period of 24 hours I can upvote aprox 10 times with 100% (I am using 10 for calculation otherwise 12 upvote can be provided) because it will take time to refill the energy. So to efficient use of my curation power its good to use the upvote to a post with all the (5 different tokens) tags which is practically not possible.
Now if I use all my voting power for posts with one specific tag that means the curation rewards for all other 4 tokens will go waste (if I am not using means that's wastge).
To overcome this problem some people create new accounts and transfer the tokens to new created account and use new account to curate the posts (you may have seen some accounts like xxx.leo, xxxxx.pal, xxxxx.spt).
At first I lso thinks that is the only solution but after exploring then leodex I find a solution.

Vote Weight Multiplier

Yes this tool can solve the problem.

You can find the option in reward section.
Go to then reward section and click on the button with power symbol (highlighted in red boundary in picture).

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How it works?

With this option you can define the multiplayer factor for your token upvote.

Lets say if you set the multiplayer value to 20 for T1 token so when you upvote (with Hive upvote) some post with 5% vote value to the post having T1 tag then it will automatically multiplayer (20X) the vote value of T1 token and all other token and Hive power will upvote with 5% only (T1 token will deliver upvote with 100% and all other token and Hive will deliver the upvote with 5%).

I find this option very usable and helpful.
Go and try the smae.

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The dapp is must try and I have using the same from some weeks and still exploring the new options/functions.
For sure I will share the new findings....

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This account belongs to my kid. She is just 2 year old and as she does not know writing so my wife (@mk992039) and me (@guurry123) are managing the account for now. We will handover the account to her when the time comes.

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Thanks for stopping by my post.

Dont forget to follow and upvote if you like the post.

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