As an emerging investor and tribes curator on Hive blockchain, it is pertinent that I make a regular appraisal of my performance within my top curation communities to check the profitability and possible sustainability of my activities.
I have also come to discover the need for a healthy investment in cryptocurrency in such a way that helps to build the token in question as well as the issuing community. This report reviews my investment and earning activities within the LeoFinance community and consequently the LEO token.
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.
After perusing last week's Leofinance statistics published yesterday, I was glad to earn a mention in about three of the sub-topics of the statistics covered.
Over the week, June 22th through June 28th, 2020, I was able to stake a total of 1,552 LEO tokens which placed me on the 5th position on the list of top users who staked LEO for the week. This accounts for 6.2% of the top total 25,000 LEO tokens that were staked over the week. Though the quantity of LEO staked over the last week was less than that reported for the previous, the percentage of the total was higher than the previous (2.38%).
It gladdens me that I have been able to contribute to the health of the LEO token and LeoFinance ecosystem with my little but consistent weekly stakes of LEO tokens. I'll keep doing this as it a trust that LEO has more value in the future. I am predicting LEO at $5. I do not know when, but I think LEO is worth that ride.
Building my stakes in LEO token to the present 24,000 mark is not without good as my curation earnings are also increasing. Presently, my single full LEO upvote gives as much as 5.6 LEO which is worth about $0.25. It may look small but that's quite a big give for me with HIVE Power less than 5,000.
As showed above in one of the entries of last week's LeoFinance statistics, I was able to earn 1,371 LEO tokens. That amount includes authorship rewards. I'll try to dig to distinguish how much was earned by authorship and curation in my next analysis.
I am still aiming at a short term target of holding 50,000 LEO on stake and that would mean more curation rewards. 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.
Very soon, I will be ale to give an upvote worth $1 with LEO tokens and that would mean a great deal for me as I would be ab;e to fund great projects tangibly.
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:
- @uyobong/howto-start-creating-acceptable-contents-on-leofinace-io-to-earn-leo-and-hive
- @uyobong/leo-content-tutorial-log-about-your-hive-engine-tokens-investments-to-earn-leo
- @uyobong/the-3ws-of-using-leofinance-interface-who-what-why
Know the LeoFinance Ecosystem
https://leofinance.io is an online community for crypto & finance content creators, powered by Hive and the LEO token economy.
- Blog & Earn LEO + HIVE Rewards at https://leofinance.io
- Trade Hive-Based Tokens on LeoDex at https://dex.leofinance.io
- Track Your Hive Account Statistics at https://hivestats.io
- Learn & Contribute to Our Growing Library of Crypto Educational Content at https://leopedia.io
- Delegate Hive Power to @leo.voter and earn a 16% APR paid daily in LEO tokens
- Vote for LeoFinance Community Witness via Hivesigner or PeakD
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