Fall is officially here as a pre-winter cool-down has set in. For November, I'm getting ready for the holidays. But for today, November 15th, I'm participating again in the Leo Power Up Day (LPUD). On the 15th of each month, Hive members can participate in powering up their Leo tokens. If you visit the Leo Finance Community, there is plenty of excitement around this event. This month's theme is slaying dragons with massive power up amounts.
While I didn't slay any dragons this month as my total power up was only 44.897 Leo, I still desired to participate and continue to grow my Leo stake. This amount is down considerably from October. After reaching my 2022 goal of 1K, I increased the amount to 2,000.
Why I'm again powering up LEO in October?
I'm excited about learning new aspects of LeoFinance projects where Hive members can participate. My primary investments in the LeoFinance community has been on Hive. After surpassing my Leo Power goal of 1,000 LEO, I'm now participating in my 6th power up. My CURRENT STAKE will be 1,309.953.
Below is my participation in the November Leo PUD:
| OCTOBER 15, 2022 | LEO Liquid | LEO Staked | Leo Delegated | Balance |
|---|---|---|---|---|
| Beginning Balance | 44.897 | 1,265.056 | ||
| Powered Up | -44.897 | +44.897 | ||
| Current Balance | 0.000 | 1,309.953 | 889.985 | 419.968 |
What I think of the Leo Finance ecosystem?
LeoFinance is a blockchain-based community that builds applications on the Hive. As I previously stated, I subscribed to the Leo Finance Community in 2019. The application I'm most familiar with is LeoFinance.io, which allows users and creators to engage and share content while earning cryptocurrency.
LEO FINANCE
Since late 2020, I delegated some of my Hive Power to LeoFinace Community. I'm satisfied with my 16% APR, paid daily.
DELEGATIONS TO LEO FINANCE
I decided to support the Community with the following:
LeoFi. Did you know that LeoFinance has Leo Power leases? You can see them here LeoFi. I entered into two leases, delegating 889.985 Leo for a short term.
How powerful is your Leo? For my stake, I've only a small account. In researching ways to earn the token, I considered three basic options set out in 's post Answering Questions About Earning LEO and Talking LEO POWER Leases on LeoFi of (i) creating content & curating, (ii) the wrapped Leo Geiser pool, and (iii) Leo miners. I currently participate in two of those options, not having ventured yet into the Geiser pool.
Also, after reading about wrapping Leo at the Binance Smart Chain in 's post on The Best Way to Earn More HIVE & HBD | Earn 40% APY and Get More HIVE, I researched and discovered that since I'm in the U.S., Binance is not available due to securities restrictions. However, Binance-U.S., a branch is available. However, I don't know and asked in the post's comments whether the same wrapping option was available in the Binance-U.S. version's platform.
Not being a crypto expert, my only finance articles deal with my participation in the Saturday Savers Club. From the Leo Finance Community, I discovered there's more than just publishing posts. You can participate in several ways:
i) Trade LEO and other Hive-based tokens on the LeoFinance exchange;
ii) Lease or delegate Leo on LeoFi;
iiI) Track Hive account statistics;
iv) Bring value back to the LEO token economy from ad buybacks by opting in to ads on LEO Apps;
v) Learn from the numerous resources available, including articles by community leaders and other knowledgeable content creators; then contribute your knowledge to Leo Finance's crypto-related educational resource; and
vi) When it becomes available, utilize Leo Finance's cross-chain token bridge to wrap LEO onto the Ethereum blockchain.
If you'd like to participate or find out more information and the complete Rules, check out the Leo Finance Community.
IMPORTANT:
As I have reiterated, I'm not a financial adviser. My post is not meant to be financial advice. My articles on cryptocurrency, investing, and saving are meant to share my personal opinion, experiences, and general information about those items once I discover interesting facts and figures. Please perform your own research before investing in any project that you feel comfortable with. In all cases, only spend and invest in project where you have the available resources.
Happy rest of the week everyone with whatever your endeavors.
SOURCES:
a) JustClickindiva's Footer created in Canva utilizing its free background and images used with permission from discord admins.
b) Unless otherwise noted, all photos taken by me with my (i) Samsung Galaxy 10" Tablet, (ii) Samsung Phone, & (iii) FUJI FinePix S3380 - 14 Mega Pixels Digital Camera
c) Purple Butterfly part of purchased set of Spiritual Clip Art for my Personal Use
d) All Community logos, banners, page dividers used with permission of Discord Channel admins.
e) Ladies of Hive banner used with permission of and in accordance with the admin's guidelines.
f) Leo PUD Thumbnail image created by me in Canva per my Pro Member Subscription.