@HODLCommunity presents to you the 60th LeoFinance Curation Post
We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.
We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.
Our goal is to support content creators and generate qualitative interactions between LeoFinance users.
We will set a 5% beneficiary for every author selected in this curation report.
So Lions šÆ, let's roll !
Effect of Crypto scams so far by @benie111
To what extent have Crypto scams affected the Crypto space?
Firstly and the most common effect is that scams ripped people off their funds and leave them in an unstable psychological state.
There are other effects of scams in the cryptocurrency space, and that is the reduction in mass adoption rate, upcoming promising crypto projects finding it difficult to grow and also it has enhanced in-depth research in projects.
Well, while it is true that it has deterred a lot of people from entering the space, I think it is safe to say it has also made people more financially responsible and vigilant which is cool. Everyone should be vigilant and financially responsible, and most importantly, invest only what theyāre willing to loose, it still boils down to financial responsibility.
GALA Nodes Smash through $20k as it walks the road to $100k.GALA coin rises in price. by @cryptorhino0
GALA Games, the decentralized blockchain gaming platform, has been making waves throughout the gaming and crypto industry. With approximately 35,000 active nodes scattered around the globe, the platform can proudly claim the title of being the most decentralized network in the world.
The platform's native coin($GALA) has been enjoying a huge price spike due to the recent listing on Binance, which in turn has resulted in a huge influx of crypto enthusiasts and gamers entering the GALA community. Consequently, the sale of GALA nodes have reached insanely high levels with an average of 100 - 150 node sales a day
Wow what a time to be a node operator on GALA! All these perks for being a Node operator must be driving some level of demand or interest in the token. Itās nice to see, Iāve not had much information about GALA, but itās clearly a robust ecosystem. Iām loving that there are more interesting things being built in the metaverse. The future is going to be so fun.
What is APR vs APY? by @bitcoinflood
This is a common thing we see in the DeFi world but also just in our general lives but many people don't understand what the difference is between APR and APY and how much of a drastic effect it can have.
So the APY takes into account compound interest, I see, very interesting, I always knew they werenāt the same thing but I also thought they were similar, now I see they arenāt similar at all. I guess a lot of people can use this piece of knowledge. I hope I remember the distinctions when it comes up.
SEC Confirms Binance is Under Investigation by @bhattg
There are many things going on #Hive there are many games , tokens, and other things that are doing great here. The main attraction these days are the splinterlands games it is like a win-win game for everyone the old player who knows this game well and played this game from last year the game is really a real diamond for them as well for the new players too who are ready to invest and earn a good amount of dec and SPS from the account value either you play or not you will get the SPS token as per your account power and other things too. If you are not interested to play anymore rent your cards so there are many ways to earn from the splinterlands game.
Whenever a friend comes to me with this type of plan, what I usually tell them is to split the entire funds into the options equally and go on to do what you wanted to do with all of them, however, thereās a lot to gain from Splinterlands this season in my opinion, I would have concentrated more on it if I wasnāt already.
What Crypto Means to me? by @reeta0119
Having a second source of income is something that everyone wants to have and during the time of covid its even more necessary. We do jobs or businesses for earning and this our primary earning but now its needed to have a secondary source of income. This is very helpful if in case something goes wrong with the primary income and that's when the second income helps us for life survival. I am on it to create a second course of income in crypto and I am quite confident that in the next few years I will be successful.
I enjoyed reading this and I could relate a lot, I mean whatās not to relate to? A lot of people in crypto are seeking an adventure into a financial paradigm that only existed to a select few, thanks to crypto, we now have access to explore this tools and use them to attain the financial freedom we desire. Iāve been here for almost 4 years and I can attest to the learning, growing, learning, networking...and fun experiences.
Hive on !
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