One Week Till LPUD - What You Can Do With LEO Tokens
Only One Week Till LPUD
There's a lot going on over here at LeoFinance.io from development on defi platforms such as CUBDeFi on the Binance blockchain and PolyCub on the Polygon(MATIC) chain which also include HIVE assets! To the alpa testing of communities on Leo to help people to find each other for topics they are interested in. There's also a full load of other projects being worked on such as Project blank, ad rev share to LEO token holders and a new push to get others involved.
What Is LPUD ?
LPUD stands for Leo Power up Day and works somewhat like Hive Power Up Day. It's a day you come together and power up as many of the token as you can, write a post about it and why you did it etc. There's also rewards and fun interaction between others within the communities.
HPUD or Hive power up day takes place on the 1st of each month.
LPUD or LEO power up day takes place on the 15th of each month.
This gives you plenty of time to stock up, write quality content (blogs or comments) and start stocking up those rewards to power up.
Why This Post Of 1 Week Notice?
With just one week away from power up day that means your comments (that get upvotes) and quality articles you write today that get upvotes will be paid out to you on power up day! That means those earnings from those actions done today will benefit you a week from today when you get your payouts for those actions for LPUD!
For full details on the prizes and how to take part in LPUD check out the official post here
What Benefits Does The LEO Token Offer?
LEO is one of the most powerful layer 2 tokens on the Hive blockchain. Not only do you earn curation rewards, posting and comment rewards just like you do with HIVE but ALL of the LEO tokens earned are Liquid. That means you can do with them as you want.
Here's a list of everything you can do with LEO tokens
Power them up -- This will earn you curation rewards which often at above 10%! Not only that but coming soon those powered up tokens will count towards getting a portion of the revenue share earned which looks like it will be 4% or higher each month!
Use Them In DeFi Applications -- I think this is the coolest thing that LEO has put together. LEO tokens and be wrapped on Ethereum, Binance and Polygon(MATIC) blockchains. They can then be added into DeFi applications such as CUBDeFi on the Binance chain and PolyCub on the Polygon(MATIC) chain.
Airdrops -- LEO token is often used for large project airdrops. It was used for the CUB DeFi airdrop just over a year ago and it's said (but unconfirmed yet as things can change) that it will be used for the airdrop of ProjectBlank tokens which will be a twitter like web3 social platform.
There you have it! LEO is such a powerful and what I feel currently under rated token. It's time to get involved and start stacking your LEO. With LPUD fastly approaching now is the best time to get involved.
Posted Using LeoFinance Beta
https://twitter.com/bitcoinflood/status/1534562030392332289
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There's a ton of use cases for it. Now the capital and demand needs to just grow a bit.
Posted Using LeoFinance Beta
Yay! 🤗
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I think the one week notice isn't as bad, I think it's about time we drive the price of Leo up again back to it's glory days. LPUD will be a banger
Posted using LeoFinance Mobile
Leo token is improving rapidly. It has so many development going on, I can see more apps utilizing Leo !
Posted using LeoFinance Mobile
Its going to be great - really looking forward to it ! And the prizes are awesome !
Posted Using LeoFinance Beta
Great reminder! Anyone can go out and earn some LEO TODAY and get there stack ready to stake on LPUD!
Posted Using LeoFinance Beta
I'm ready for lpud 1 and lpud 2. Hopefully my grind will get me to lpud 3 with no problem.
Posted Using LeoFinance Beta
When it comes to benefits of the LEO token, you forgot what I would say is the most important:
Having LEO staked allows you to influence how content is prioritised and displayed on the leofinance.io front-end.
Essentially allowing you to put your message (or offer!) in front of an extremely targeted, engaged set of growing eyeballs.
Imo, this is going to be the key point of value for community tokens in the future.
Posted Using LeoFinance Beta
I have my liquid LEO for the power-up :)
Posted Using LeoFinance Beta
I love to hear about lpud and Leo needs to restore its glory and be the best layer token with massive explosion
I think having a dedicated LEO power up day will see a surge of LEO into the the ecosystem. Gaining more visibility for LeoFinance across the broader HIVE chain can only be a good thing.
There is still plenty of time for people to stack their LEO ready for the 15th, and it should become a habit to power up every 15th:)
Posted Using LeoFinance Beta
If anything it will help bring awareness to it. I'm looking forward to the ad revenue split and for that to be highlighted a bit as that's going to encourage people to stake more LEO and earn some passive income.
You are right, the ad revenue is something which is not mentioned often, but will be fantastic and as you say another reason for people to be staking LEO. I mean who doesn't love passive income;)
Posted Using LeoFinance Beta
I think that there is going to be a lot of competition for those delegations.
It seems like everybody on leo is going to have a go for them and why not at those values.
Posted Using LeoFinance Beta