Introduction
Hello Leo community. My name is Anas Shaikh and I hail from Pune, India.
I joined Steem around 2017 and worked my way up from there and now we here. :)
Leo and Hive | Hive and Leo
As it is evident from my posting history I was inactive for some years because you know life happened but once in a while I was always observed what developments were happening and frankly not many of them caught my attention until I came across Leo. I got lured in by the clickbait of 16% APR , started researching about it, and finally made a decision to go all in.
I will share my comments on the project so that if you are sidelines you get a little bit more idea about it
Side note :- I tried to delegate ALL my Hive power to but unfortunately it'll take 35 hours for my voting mana to regenerate so that I can delegate again .
In case , you were wondering why no investment/involvement can be seen lol
First of , if we ignore the community aspect and focus solely on APR for Leo token then it beats ANY OTHER crypto APR in terms of security and returns combined.
Ok. Hear me out.
Leo currently gives 16% APR for your HIVE delegation and you earn LEO tokens paid DAILY.
Yes, these daily LEO tokens paid at 16% can then be staked just like HIVE giving you voting power.Recently, they introduced LeoAds as well.
With 16% paid daily + LEO Curation rewards and LeoAds incentive, I think a real APR should be around 20-40% per year ..!!! And this is my very conservative approach not taking in the price hike possible in LEO token itself.
Secondly, the thing strikes me the most is the ability to get back you tokens only in 28 days as compared to traditional 13 weeks. This may not sound appealing yo new users but real OGs from steemit days know how big this is.. I can get all my coins back in 28 days and not 13 freaking WEEKs ?? Why is nobody selling their houses to buy LEO ? :0
This allows to you to switch to HIVE if you want with very short days.
Lastly, if you aren't a believer of the token , you could sell those tokens on Leodex and get liquid Hive for it at just 0.25% commission. Believe me I used it and it is far better than anything I saw in 2.5 years of development on Steem.So simple and elegant .
In that case, you earning potential will be the result of below.
16% APR Leo paid daily + Power up Hive daily + Earn curation rewards on it (Around 10% is possible) + 2.73% Blockchain variance .
I am wet after this math. Don't be shocked if you see me selling my house , my dad's retirement funds , stopping medical insurance and going all in on LEO 😆
Note :- Please don't do the things above. You need to have big dolls (͡° ͜ʖ ͡°) for this.
One more thing which I noticed is that the editor provided on Leofinance is sexy AF.
I remember going through a whole lot of FAQ documents to know how to provide different headers and add it manually previously but this is orgasmic ...
Overall, this is not the only thing I do in Finance ..
I am indulged in Forex (I trade only obvious trends to make few bucks . Not a professional) , Stock investing (Local Country market) and finally precious metals (Gold and Silver)
I might make posts involving aorumd these topics in the future using Leo finance. If you have mutual interest then you can follow me.
Until then Take Care . O
Goodbye