With the launch of Leo Power Up Day (LPUD) last month, the leofinance community entered a new era. It was disappointing that I couldn't participate in the inaugural LPUD, but because the 15th of every month comes around, it's not a major setback.
Again, the 15th arrived quickly, and as of today, I am actively taking part in this month's LPUD. For this growing path, we are grateful to the Leo community.
Describe Leo.
In addition to the basic token hive and its hbd, there are many secondary layer tokens in the hive ecosystem. One of the numerous secondary layer tokens that are available is Leo. However, despite the presence of multiple other tokens like Cub, Polycub, and others, Leo is the primary token of the Leofinance community.
How to earn Leo token
There isn't much of a difference in how secondary layer tokens are accumulated in the hive ecosystem. Tokens for secondary layers are primarily obtained by using pertinent tags. One must utilize the Leofinance tag in a blog article in the Leofinance niche in order to earn Leo. The author receives a liquid Leo token that will be due for payout in seven days when this article with the tag "Leofinance" receives an upvote from someone who has staked (powered up) Leo.
In addition to earning Leo through blog posts, one can also earn Leo by upvoting Leofinance posts; however, one must first have Leo power in order to receive a reward in return.
Today's Stake
For today's LPUD, I have successfully staked 108 Leo increasing my Leo power but still very little to my 20k stake target.
For people who don't already know, staking tokens is the fastest way to grow. It also shows that you have trust for the system and helps the system in liquidity pools. It's a good thing 15th exist in every month and with this introduction of LPUD, Leo token will have a good number of staked token which is expected to help it's value.
As previously mentioned, I have a target of achieving 20k stake Leo. Although, I'm very far from it but it's very much achievable. Of course, every Leo mustn't be earned, with time and adequate finances in place, I can buy as much as I want to hasten my 20k target which I already started the buying today.
The idea is to keep contributing to the growth of the community and having enough Leo staked is one of the many ways for it.
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