Hey everyone!

It has been a while since anyone might have heard about @meowcurator. For uninitiated people, @meowcurator is a curation entity where users can delegate LEO Power and get 90% of the curation rewards daily. It is operated by a trusted handful of curators curating good quality content on LeoFinance each and every day.

However, that is not the best feature of @meowcurator. In a never-before-seen way, @meowcurator offers a chance for investors (or, in this case, delegators) to auto-compound their LEO rewards.

I'll quote myself from the initial post:

Well, it's simple. Similar to @lhp.app, we created a token called meowLEO (MEOWLEO) whereas, for @meowcurator, 1 meowLEO is equal to 1 LEO. Holders of meowLEO will earn LEO (or meowLEO depending on their choices).

Example:

Person A has 1000 LP (LEO Power) and delegated to @meowcurator.
Meowcurator sends Person A 0.5 LEO the next day.
Person A now has 0.5 LEO.
Person A powers up 0.5 LEO.
Person A delegates 0.5 LEO to @meowcurator.
Person A has now delegated 1000.5 LP to @meowcurator.
Meowcurator sends Person A 0.55 LEO the next day.

Repeat.

(numbers are obviously random, it is hard to guess exact rewards.)

It is up to Person A to decide on what to do with 0.5 LEO, they can sell it or power it up and re-delegate to @meowcurator. However, we thought that unless you'd like to sell, this was a tedious process.

Example (with Auto-Compounding):

To enable Auto-Compounding, the users can send 0.001 LEO to @meowcurator with the memo auto (or manual if you'd like to cancel auto-compounding.)

If the user has sent this transaction, their rewards will NOT be paid out as LEO, but instead, powered up to @meowcurator and equivalent meowLEO will be sent to the user.

Person A has 1000 LP (LEO Power) and delegated to @meowcurator.
Person A has 0.5 LEO pending rewards the next day.
Meowcurators powers up 0.5 LEO and sends 0.5 meowLEO to Person A.
Meowcurator sends Person A 0.55 meowLEO the next day. (1000 LP delegation + holding 0.5 meowLEO)

So in other words, by holding meowLEO and/or delegating to @meowcurator you can earn LEO!

Even if you do not like to delegate, you can just purchase meowLEO off Hive-Engine market and HODL it. You will (depending on your selection of manual and auto) receive LEO or meowLEO (default is manual.)

Basically, holding meowLEO acts as if you have delegated LEO Power to @meowcurator!

What's new?

meowLEO/LEO (1:1 Conversion)

We are now announcing the long-awaited feature, meowLEO:LEO conversion. While users can trade meowLEO:LEO on the market as they see fit (you can potentially get meowLEO cheaper than 1 LEO) we also added an official way of converting your meowLEO back to LEO at any given time.

Simply send your meowLEO to @meowleo and it will send you back LEO (minus 0.25% fee to prevent abuse) in exchange for your meowLEO.

meowLEO Minting

You can now stake LEO to @meowcurator (any amount) and instantly get sent meowLEO in exchange.

Remember, HODLing meowLEO gets you LEO rewards just as if you've delegated LP to @meowcurator.

That's about it for now :)