Who wouldn't want an ethereum a month?
While you are chasing the next yield farm or food name coin why not try something with a little substance. Unlike other coins Leo has a product and is giving a good 30% plus APR for staking and voting. And this is consistent with no impermanent loss to worry about.
All you need is Metamask or Hive Keychain to make an account in less than a minute and you can stake your coins or blog and earn them if you want to put in the work. You can even do both and see a 60% plus return on your investment.
Leo works by voting on content with your staked power. The more you have the bigger your vote and the more Leo you can make off of curation. 50% of all rewards go to curation so you literally make money from liking posts. You get 10 full votes a day so use them to make a lot of Leo which you can swap for ethereum. Or you can stake the Leo to increase your voting power.
If you are anything like me you probably want some hard numbers.
- The price of Leo right now is about .15 cents
- Ethereum is $370
- I have 25,000 Leo which means my vote is worth 5 Leo each. I can vote 10 times so that is 50 Leo and half of that goes to me for 25 Leo a day.
- If you have 100,000 Leo that means a vote of 20 Leo so you can earn 100 Leo a day. At today's price that means $15 dollars a day.
- $15 a day x 30 days is $450 a month which you can swap for one ethereum and still have change left over.
Not only will you earn an ethereum a month but you still have the leo which you can sell at anytime. The market is pretty low right now so the price can really rise from here when more people use the site. It is still the early days.
This means you can swap for one ethereum a month and keep an investment in a project that is up and running. Like I always say crypto is a very risky investment so please only invest with money you can afford to lose but if you are looking to risk it on defi Leo is worth a look.