Last week, I was so excited to have shared on my post that the DHF Proposal by LeoFinance was fully supported and it will start to get funded on the 1st of September.
A few days ago however, the Return Proposal seeking to raise the threshold was voted on. As a result, the Support Level has increased to 26.4 million HP. As you can see, LEO is short of 6% or votes worth more than 1.3 million Hive Power for it to get through the threshold needed before it can get funding from the DHF.
So if you have not voted yet and you want LEO's proposal to push through, you can give your support via the following:
- Vote for proposal 269 on Peakd
- Vote for the proposal 269 on Ecency
- Vote for the proposal269 via HiveSigner
❇️ NOTE: In the event that LEO will not be able to deliver and retain the target number of users it promised on its proposal, it will refund every penny to the Decentralized Hive Fund (DHF). So what do we have to lose, right?
Voting on the proposal won't cost us anything but a few seconds of our time. If you think this would help Hive grow, then go get voting.
Meanwhile, it's the 32nd Week on SSC!
I did some checking of my HE wallet recently trying to decide what to do with the Layer 2 tokens in it.
I was not going to get rid of them all of course! I love to keep EDS, XV, DHEDGE, LGN, and some other tokens there. I had some push-and-pull kind of feeling, to be honest, but it has to be done. And I think it's time to apply the same thing on my main account, but will see. I'm the sentimental type so letting go is rather hard, lol!
Anyhow, it's the weekend and the drill continues especially for us in the Saturday Savers Club. Week 32 of the year has just gone by so quick that it felt like it was just a few days ago when I wrote my week 31st update and here we are again.
This may sound repetitive but it's how we roll to keep our goals in check week after week. We set it aside long enough and chances are, we might lose our grips. That is to say, it is a great exercise, being reminded of what we are trying to accomplish.
And for that, here's how the numbers played for me in the last 6-7 days:
LEO Power
(Year-End Goal: 22,000 LP)
As usual, I just stake every liquid LEO that appears in my wallet. And based on the numbers, there had been an addition of 81 Leo Power during the week. That's not bad considering that I have not bought any LEO off the market. These are mainly rewards (curation, delegation, author).
- Current: 21,154 LP
- Last Week: 21,073 LP
Nearly there. Some 800+ LEO more to go to check that goal off.
The price of $LEO has dropped from 0.26 HIVE ($0.08) to now 0.14 HIVE ($0.05) and with the LPUD coming up in 3 days, it would be interesting to see if people will be buying to participate or if they are going to dump some more in the market.
But no matter what, I'm more inclined to keep my stacks growing.
Hive Power
Year-End Goal: 2,000 HP
- Current: 1,959 HP
- Last Week: 1,906 HP
It's nice to see that there had been an addition of 53 HP in the previous week. This is how the growth looks like via Hivestats. I did two long-form post during the week so it helped. And I manually powered up in some days too.
Will I be able to hit 2k Hive Power next week? If that happens, it means there's a need to set a new target. Or maybe, I should just let it grow without having to create another goal.
That didn't sound good, lol! But we'll cross the bridge when we get there.
In the meantime, let's just enjoy the weekend, yeah?
By the way, did you know there's an ongoing challenge on Leo?
The Leadership Clash has a prize pool of LEO which can be a good help for LPUD. The activity started 10 hours ago and will end on Sunday, 23:59 UTC time.
What to do?
Get active on threads or generally on the LEO interface and rank up in the leaderboard.
What's up for grabs?
- 50 LEO each for 10 users who climb the most spots in the General Leaderboard.
- 30 LEO each for the top 5 in the leaderboard.
Check here for more details. And all the best!
Lead image created on Canva. Screenshots linked to their sources.12th August 2023/18:37ph