Hey All,
Finally that day has come when staking sLEO aka staked LEO on LeoDex will get you rewards in #USDC. A point to note here is that unstaking is instantly i.e. their is no waiting period and when you unstake sLEO you get back $LEO. LeoDex earns affiliate fees for the crypto exchange/swap happening on the platform. The sLEO contract receives these fees as USDC and then the active stakers can harvest these fees every 24 hours via LeoDex. We all here on Hive Blockchain have already been withnessing how the $LEO token has been performing in past couple of months where it was trading close to a cent and now its almost approaching $0.15+ cents. Along with LeoStrategy coming into picture we also see it scooping all the #LEO from the market and has been building its blance sheet and its almost going to touch $3 Million tokens and where most of the tokens will be staked as sLEO and all the #USDC earned will be used to buy back #LEO which as a result is going to increase the LPS resulting into increase in the price of #LSTR token. Just as an FYI.. LeoStrategy Delivered a 514.28% LEO Yield to LSTR holders and I am one of them who has witnessed this tremendous growth which is reflecting in my wallet as well.
This week alone, LeoStrategy acquired an additional 250K+ LEO for $34K+ USD that resulted into 9.89% LEO Yield in the past 7 days to all LSTR holders. Quite an impressive outcome, isn’t it? Do you agree with me here or not? Do you #hodl $LSTR then I am sure you know the drill and the steady acquisitions, strong yields, and growing rewards week after week. The other thing that I see here around LeoDEx is that it is very cheap to use, was it only charges a 0.45% swap fee. All the money earned from affiliates is used to buy LEO tokens. When the trading target is reached, LeoDex buys LEO from the market at random time interval. So in all there all mechanisim in place for the $LEO token to rise exponentially and please note with LEO 2.0 we only have 30 Million capped supply of $LEO tokens here.
My Plans Ahead - What NeXt?
The above image showcases how much #LEO and #SURGE tokens I HODL. The plan that I have is to get to moving atleast 1K+ LEO to LeoDEX - which means I would like to stake all these 1K+ LEOs as sLEO and start earning #USDC daily as staking rewards. At the same time, I’m holding #LSTR tokens with a plan to see LPS (Leo Per Share) reach 50 LEO, after which I’ll take action to further increase my stake in sLEO. Alongside this, I’m will be using my daily #USDC rewards to swap for LEO and stake it, steadily building a strong compounding strategy over time. Ok this should be it for todays post on - "#USDC Rewards Begins Today on LeoDEx for STAKING sLEO - Are you READY..." and my plans ahead for it. Lets see how things pan out in near future and I remain optimistic and excited for the journey ahead.
Have Your Say on #LEO, #sLEO, #leostrategy LeoDEx #USDC rewards...
What are you plans for #LEO toekn in genral? Are you planing to stake #sLEO and earn those #USDC rewards via the LeoDex? Please let me know in the comment section below...
#leo #sleo #usdc #staking #rewards #leodex #apr #surge #leostrategy
Best Regards
Image Courtesy:: leodex, hive-engine
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects...