Leo - A Crypto Token for the Long term

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Things are going well in the Leo ecosystem and it included a bunch of things. Be it the Leo token, CUB token, or even PolyCUB token where we can see lots happening in terms of innovation and development. I was reading a post Leo: Pushing Value Into Tokens by taskmaster4450le@taskmaster4450le and he talked about many good things in Leo. We know that he is such a great content creator and Leo believer and the king points he describes in his posts always bring a world of learning. I love reading his posts and today in this post, I am also going to talk about the Leo ecosystem and what I am going to do.

@Leofinance is setting up a new benchmark in web 3.0 where we can earn rewards through our content and we also get the freedom to share and we always own our content. There is no censorship and no one will ever delete or manipulate the content we share and this is what makes web 3 a better place than web 2. Still, many people don't believe that this is possible but sooner or later they will come here so if they come early then they will get the early mover advantage however no everyone will be able to do this. I am so happy to be here and with Hive and Leo, I am trying my bit to contribute towards web 3 and also trying to accumulate more tokens in my wallet. Right now is the time to build and continue to do the same for the next few years. Those who are already will have a decent stake by the time more people come and join so why not grab this opportunity and work towards increasing the stake.

Leo is one of the high-value tokens that we can earn if we create content here but the current value is too less and I have seen the price in the rage of 1$ during the bull run. It would not be a surprise if we can see it going even more in the next bull run so by that time I should be able to have a decent Leo token stake.

Why Holding Leo Power is Rewarding?

  • One of the best and easy ways to earn rewards by Leo power is to earn through the LP lease. We can use https://leofi.io/ to delegate our Leo power and currently the yield is around 12.5% and this is very good. Here is the snapshot of LeoFi and as we can see that there are so many requests for LEO power and the higher apr is 12.5% and even for the duration of 26 weeks. If we can do the manual curation then it's great but if in case we can't do it for any reason then this is one of the way to earn a decent reward for doing nothing.

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  • Recently Leofinance team has announced that the ad revenue will be distributed with Leo token holders and this has created more buy orders in hive-engine. Here I have taken the volume chart where we can see that there are more buy orders than sells and in fact the majority is for the buy orders in the exchange. Everyone wants to be part of the additional reward by holding more tokens and this is a good decision I believe.

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  • Let's also have a look at the current price of the Leo token in hive-engine and the price is moving upside down slightly. It could be because of the increase in buy orders and it was quite low on 2nd April. I also want to buy some tokens and for that, I am keeping a close eye. I did buy earlier some tokens.

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Holding more Leo tokens is not just rewarding but also brings a future-ready portfolio opportunity. Leofinance is a growing project and it's expected that token price will grow significantly and it's just a matter of time. It's one of the projects that we can plan for the long term and the kind of growth it has shown in 3 years is commendable. I still believe that it's in the early phase and there is a lot to come. Even project blank can be one of the great reasons but we don't know how long it will take to become a reality however it will come for sure.

Thank you so much
Stay Safe

Leo - A Crypto Token for the Long term | Ecency