How @leofinance Can Earn Extra Income With A Liquid Payouts Feature

avatar

Convenience can have large premium. We have seen this play out time and time again in business. Even when it comes to AI tools, there are many who would rather download some app they saw advertised instead of using the free tools available. Take a look at Different Dimension Me as an example.

With Different Dimension Me, anyone can easily create their own anime versions of any image, whether for personal use or for professional projects. The AI-powered website allows users to quickly and easily experiment with different styles and settings, providing endless possibilities for creating unique artwork and designs. Plus, the resulting anime images can be shared on social media, used as backgrounds or profile pictures, or even printed out as posters or other physical products.

Whenever I see people using AI to turn their photos into anime, I see people using some app that make their lives more convenient. Human nature allows an easy way to earn some additional $HIVE income for @leofinance which could be then spent on hiring more developers, doing more marketing or simply powered up for those of us who are already staking $LEO (which will lead to even higher prices for LEO).

A Small Proposal

Add an additional option to receive rewards is 100% liquid HIVE. There could even be an option to have payment in 100 HBD. This will be a feature brought to the user by @leofinance team. There is no way to get this done on HIVE base layer. We don't have an option to donate to DHF either. These are brought to you by the front ends.

No More 13 Weeks of Waiting

I fully support the decision to have a 13 week Power Down. This is a very important security feature + a way to incentivize long term commitment. Skipping this 13 week window to those who want to take out their earnings for whatever the reason (let's say they have some good trades to make or have an emergency expense) should be worth paying for.

The Idea Was Attempted Before

@likwid service uses Steem's built-in beneficiaries feature in a clever way to get you liquid Steem right after post payout instead of getting the SteemPower portion that require a 13 week power down phase before being transferable.

When creating a post using Steemit, Steempeak or Steemium editor you can enter a list of accounts that will receive shares of the reward when the post pays out. To setup @likwid to send you instant liquid Steem, enter @likwid as beneficiary by accessing the advanced settings at the bottom of the editor.

A Better Attempt is Needed

I 100% believe that @leofinance has the ability and the audience to have a better attempt at offering liquid rewards to authors. Some of us are part of HIVE for the long term and treat the 50% Powered Up rewards as a way to HODL HIVE while earning interest on it. Some users have targets set for LEO Power and HP.

The new users onboarded from Zealy, Twitter or any other method may want to try things out before committing hard. They can have 100% liquid payouts setup once and later be convinced to switch to 50% HP or 100% HP payouts.

Make A Poll for The Fee

These were the last payouts from @likwid account. 1% - 1.5% fee will not earn much from payouts like this. I'm not a programmer, but I don't think a service like this will be expensive to provide either.

With all the marketing prowess of lions and influx of new users, I expect to see better results. It will become another feature to brag about on Twitter and rest of HIVE when convincing more people to post on LeoFinance UI.

We have repeatedly seen that more features and conveniences attract more users. I would even like some competition from @peakd and @ecency and witness a race to best service with best fees. It will be great for everyone on HIVE.

Posted Using LeoFinance Alpha



0
0
0.000
12 comments
avatar

What about fees for visibility/promotion? If we talk about fees, then I would rather pay fees for visibility/promotion than for liquid payout. Probably many people would do this. I know that there is a post promotion function (with Ecency Points) in/on Ecency, and I am already using it for some of my posts.

0
0
0.000
avatar

There used to be a similar feature with the old UI for @leofinance and I do expect to see it eventually happen on the new UI. We will have to wait for some time.
!PIZZA

0
0
0.000
avatar

I notice that you have full faith in the Leofinance project, and usually you are not wrong

0
0
0.000
avatar

Take a look at the 90 Day chart at keep in mind that all of this happened during a bear market while most cryptocurrency crashed hard: https://www.coingecko.com/en/coins/wrapped-leo
!PIZZA

0
0
0.000
avatar

Thanks for the information. I will start to accumulate LEO and use the LeoFinance platform more

0
0
0.000
avatar

Delegating to @leo.voter is an easy way to earn consistent LEO without having to invest your own money into buying the Token. Using #leofinance tag on finance related articles is another way to earn LEO.
!PIZZA
!LUV

0
0
0.000
avatar

Congratulations @vimukthi! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You distributed more than 55000 upvotes.
Your next target is to reach 56000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Yearly Authors Challenge Status
Feedback from the July Hive Power Up Day
Hive Power Up Month Challenge - June 2023 Winners List
0
0
0.000