Hi everyone, and welcome to another article!
This is the first instalment in my "100 words or less" series, and is a way for me to explain concepts that are complex or that I'm interested in in quick and bite sized manners that are easy to digest.
Let's go!
What is LeoFinance?
LeoFinance is a crypto powered publishing platform built on top of Hive blockchain to allow for faster and easier use, and for even more payments!
Leofinance works just like Hive, in that it takes 7 days for earnings to come into your wallet. Users earn money when other users with staked LEO upvote their articles.
In addition, the upvoters make 50% of the upvoting amount, while the writer makes the other 50%. The larger the amount of LEO staked a user has, the larger his upvote and the more the writer makes.
There's also bLEO, a 1-1 peg of LEO on the Binance smart chain, for lower fees and for use on CubFinance, a BSC powered DEX.
That's it! I tried to make this under 100 words, but failed woefully :)
Let me know down below if you liked my first attempt! I will definitely try more in the future. Thanks for reading!