Earn more by Staking More: The LEO Token Case Study - My Growth Synopsis in LeoFinance (June 8-14)

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One of the great ways pf growing one's account on the Hive blockchain is by powering up tokens to enhance curation activities as wells as reduce token liquidation which may lead to dumping. This also applies to the tokens built on the side chain of Hive.


Figure 1

LEO is one of the Hive-engine tokens that wins my trust due to the development around the leoFinance community. An array of development from https://leopedia.io/ which offers cryptocurrency and blockchain education to https://dex.leofinance.io/ which serves as an exchange for Hive-engine tokens and the grand https://hivestats.io/ which serves a dashboard for all users of Hive blockchain with its unparalleled data tracking; is enough convictions of the potential growth of the community and the LEO token.

The LeoFinance community publishes a weekly statistics of the activities and operations that characterize the community. The most recent stat which covered June 8th through June 14th, 2020, again had a record of my account in two top operations within the LeoFinance ecosystem.

Over the week, June 8th through June 14th, 2020, I was able to stake a total of 2,525 LEO tokens which placed me on the 8th position on the list of top users who staked LEO for the week. This accounts for 2.38% of the top total 106,048 LEO tokens that were staked over the week.The below pie chart shows that clearly.

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Figure 2

Within the week (June 8th through June 14th, 2020), I was also able to earn 1,550 LEO tokens. This amount accounts for 61.3% of the amount of LEO staked over the same week. It means that about 975 extra tokens were purchased and staked in addition of the tokens earned over the week. My LEO Stake/LEO Easrn ration was therefore 1.63 for the week.


Figure 3

I have been questioned on why I would powerup all LEO tokens earned over a week and even additional tokens. The simple truth is that earning that much comes in response to the responsibility of helping to grow the LEO ecosystem by staking my tokens.

I am willing to do more to grow LEO while storing some more future value for myself. On reaching the target 50,000 LEO stake, I wish to be able to support tangible blockchain projects with $5 worth of upvote through LEO tokens.


It would be educative to read this post I made on "Viscous Circle of Poverty" as it relates with DPoS like Hive.


Disclaimer: In all, the above are my personal views about LEO tokens that fuels my convictions to invest in the token. These are not investment advice. Always make your research before investing in any cryptocurrency

Meanwhile, I'll be glad to curate a fresh #leofinance content published from the https://leofinance.io interface. The post must not be older than mine. Feel free to submit the post link to the comments section of this post and consider adhering to the #posh rule. Already, I have made a couple of guide posts to help you create acceptable leofinance posts seamlessly:

Know the LeoFinance Ecosystem

https://leofinance.io is an online community for crypto & finance content creators, powered by Hive and the LEO token economy.


Want to Start Earning Hive and LEO Tokens?

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Posted Using LeoFinance



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Dear member of HIVE,

Supplement 19 June - Some whales had asked me to stop with the many messages as they had written to @pfunk to tell him to support me and stop destroying the account. I have stuck to it and stopped. He has now sent out more downvotes and from now on the goal is to comment on every post published on HIVE. We have about 300 HIVE accounts that can be used alternately and will create new accounts daily.
We will program different scripts because every hour a post will be published in the top 100 days. These scripts will be available for every user of HIVE if he wants to use them.

I'm sorry for the automated comments. But we're not being given another opportunity to point out our problem.

For the time being, this news will only be published for one hour, should the proceedings against us be stopped and the donations replaced, we will stop. Otherwise this message will be placed under every post published on HIVE via hundreds of accounts.

Are you sure you really want to post here?

For example, we have a small account here that belongs to a social club in Germany. Donations were collected here, and every month a few dollars were collected.

But since ONE person - the witness at HIVE called @Pfunk (a witness is actually someone who is supposed to represent the members) has problems with the founder of the social organisation, he makes sure that all donations are deducted from the small account. Others who are also in favour of the account are also penalised, and all income is also taken away.

If you publish here, make sure that you only publish what is of benefit to the owners of the assets on HIVE. You must never express your own opinion or criticize someone who is a witness or owner of power.

You will soon find out that you only earn a few cents here. Others, however, sometimes enrich themselves extremely. Look around, you'll soon find that some people get 2 or even 3-digit $ sums for small contributions, but you don't even get 50 cents.

Now that the account has become basically unusable for us, we have made it our mission to inform all new members about what to expect here in the block chain.

There is no way to fight against the rulers of HIVE. One can only inform others and especially new members.

If you want to see how they take away donations for the association, you can see this here https://beeme.icu/?account=nesomi

If you ever want to find out what this is all about, you can do that:
https://peakd.com/deutsch/@nesomi/ve-the-blockchain-of-coldhearts-and-egomaniacs-ve-the-blockchain-of-coldhearts-and-egomaniacs-ve-the-blockchain-of-coldhearts-and-egomaniacs

and

https://peakd.com/deutsch/@nesomi/abuse of power-and-love-the-hive-witnesses radio or abuse of power-and-love-the-hive-witnesses radio

As soon as the downvotes on our account stop and the destroyed donations have been replaced, these comments will be discontinued.

If this action doesn't work, we will comment on less than 1000 newly published articles with this text every day.

Unfortunately we have no other possibility to take action against such behaviour. If you really should stay here you will soon realize that there is no other way to fight injustice than with many messages.

Anyone who has problems with a witness on HIVE I am happy to give the program that automatically distributes hundreds or even thousands of comments.

We will delete this comment if you wish. However, this may take a few hours.
Add a comment "Delete comment"

In the last 10 hours the downvotes were over $100. Consider, if love, not hate, were to decide for some, how much good could be done.

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Each week you get closer to your goal.

50K will be here before you know it.

Consistency pays a lot of dividends on Hive.

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In theory, this is the point, but I will not focus to accumulate too much of LEO.

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Interesting. I did no expected things are so "bad". Clearly I could be a bit less "wild". But don't worry, my steem bags are almost exhausted. Swapping now my precious BTC into LEO? Maybe not very soon.
Unless you dump down to $0.01 ...

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And my steem powerdown is also approaching an end. Hope we'll have a short bear before the head towards 0.5 HIVE.

Posted Using LeoFinance

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