I Earn 69.23% Extra from HIVE Power With Simple Adjustments on LEO Dashboard

@leofinance team has been one of the most innovative and forward looking projects on HIVE blockchain. This has come with its own problems such as redesigning the website many times over and even loosing some of the features when migrating to a new UI. The innovations we have gained are more than enough to justify those inconveniences IMHO.

Among these innovations is the new LEO Dashboard that is only available in the Labs version of InLeo. Consider it the beta version of the website that comes with more features at the cost of stability. Those who use the Labs get to experience the upcoming changes without having to be a part of the development team. To make the matters even more exciting, there are better earnings to be had by using the Labs UI.

Behold The Statistics

If you missed the link here it is again. Regular users who come with a Lite Account will most likely not see these advanced features. They take a little bit of technical knowledge. It has been a quite a realization to know how little younger crowds know about technology given the fact that they grew up around technology. Even editing a URL instead of going through the UI or basic keyboard shortcuts seems to be foreign things for them. Building easy UI for them with Web 2 login and Web 2 like functionality can unlock a vast number of users.

Read The Docs

I don't even remember having these Docs being featured prominently anywhere. What you are looking at above is a small section of what is planned in the roadmap. It is a GitBook page similar to what we had with $CUB and $POLYCUB. The Docs talk about wrapped LEO on BNB Chain and Polygon on multiple sections.

This interoperability is going to be a very important for the future. The best part is that LEO can become a project similar to Invennium created by @splinterlands team to allow other games (including the ones in Web 2) to use HIVE blockchain in a way that is similar to @splinterlands. LEO could take a similar approach towards DeFi. If another Token on HIVE becomes popular (ZING is looking good at the moment), LEO could be the ones to provide @acidyo with wrapped assets on multiple EVM compatible chains and earn the wrapping fees. It can be a win for both parties.

Don't Make This Mistake When Delegating

I managed to avoid this mistake due to my past experiences. If you are already delegating HIVE Power to @leo.voter, you could end up in a mess by using the UI. It is true that I only had 95.569 HP free in my wallet after all my delegations. If I sing the transaction as shown above, I will set my delegation to @leo.voter at 47 HP. The new delegation does not add to the old delegation!

I had majority of my HP delegated and if I had signed this transaction with Keychain, I would have canceled most of my delegation and be stuck waiting 5 days to correct any changes that I had mistakenly made due to the miscommunication by UI.

The Correct Way to Delegate

I sincerely wish I had been able to stop at least a few investors from messing up their delegation. This issue will not be faced by anyone who is delegating to an account for the first time.

How to Earn 22% APR

I do not curate with the intention of maximizing rewards for myself. It more of a thing done as a hobby. I have others ways of earning income such as games and DeFi. What initially got me interested in @leo.voter was my goal of reaching 15,000 LEO to graduate to a Lion.

RankLeo Power
Kitten1,000
Newborn Cub2,000
Cub5,000
Lion15,000
Leader of the Pack50,000
Apex Lion150,000

Delegating to @leo.voter was the most appealing route to the goal at the moment. I was going to earn more than what I would have earned with the unoptimized curation I was doing. The addition of extra 9% APR come from 3 steps.

Step 1: Opt to Receive APR in Staked $LEO

A memo with the word "staked" in it sent to @leo.voter account is all that is required. I do not know of sending HBD works. Send 0.001 HIVE to be safe. It will take some time to update your request.

Step 2: Buy Premium

I have already written a review evaluating the subscription. This step will bring your APR from 20% to 22%

Step 3: Do Not Power Down

Having a Power Down during the previous 3 months will bring your APR to 13%. Those who only complete Step 1 + 3 will get an APR of 20%. If you earn $500 worth LEO in a month from your delegation, 2% bonus alone will pay for your Premium subscription.

Happy Investing!

Posted Using InLeo Alpha



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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

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