InLeo - Add the option to have the rewards paid directly in Leo Power

in LeoFinance2 days ago

I am writing today about a proposal on InLeo related to the payout options in the form of getting directly the rewards in Leo Power for any engagement in this ecosystem - articles, threads, shorts and so on. I see a benefit in this as we will always power up the rewards, thus increasing the curation from those and also that those will be in a staked form and not put too much pressure on the market. It is clear that the LEO tokens will be split between InLeo and LeoDex use cases, so having this additional option will allow users to strategize better - have LEO automatically powered up on InLeo or have liquid LEO that can be transferred on Arbitrum and staked on LeoDex.

image.png

Why direct Leo Power rewards?

Right now, rewards on InLeo are distributed in liquid LEO form. If I want to stake more into Leo Power, I need to power up LEO manually whenever it lands in my wallet or wait for a bigger amount to gather from my engagements on the platform. While this works and we also have a LPUD event, it adds extra steps for users who are already thinking long-term like myself. Many of us aren’t looking to dump LEO or move it around. I simply want to stake them, grow my power and earn more curation rewards. Having a direct Leo Power option would streamline this and encourage more staking from the start.

Benefits for InLeo and the community built around it

If this would be implemented, I would imagine quite a bit of benefits from that for InLeo and the community users from here:

  • More staking = more commitment. Users who choose Leo Power rewards are automatically locked into the ecosystem for a longer term.
  • Distributed community curation. With more Leo Power staked, upvotes carry greater weight and also decentralization and distribution, thus creating better engagement and higher-quality conversations.
  • Healthier tokenomics. Instead of worrying about selling pressure, more LEO gets locked away in staking, making the market volatility tighter.
  • User-friendly onboarding. Beginners who don’t fully understand the manual power-up process could simply check a box for “Rewards in Leo Power” and let the system do the work.

This small tweak could lead to positive effects for the users that enjoy blogging on the InLeo platform and will continue to do so even with the LeoDex use cases. For some reason, I simply love being here and even if LeoDex offers promising passive revenue, I still want to work for mine. 😀

InLeo content types, all matter

Another important part of this idea is making sure it applies to any form of content from the InLeo platform: articles, threads or shorts. We all know that threads have become the lifeblood of InLeo, driving quick engagement and daily activity. Articles, on the other hand, are still the deep-dive content pieces that give real substance to the platform. Shorts are boosting everything from here through visual representation. By enabling direct Leo Power payouts on all of them, we'll be treating all content types fairly and letting creators decide how they want to grow at once.

I’d personally set my threads and shorts to Leo Power for curation growth while keeping some liquid LEO from articles for flexibility. Having that choice would be a game-changer, but I will be happy just to have an overall option to pay everything in Leo Power.

At the end of the day, I appreciate that InLeo empowers both creators (InLeo) and investors (LeoDex) through the LEO use cases. In regards to InLeo, having the option to get paid directly in Leo Power would make staking simpler, strengthening the ecosystem and aligning with the long-term vision of building a thriving community on the Hive blockchain. I know I’d be one of the first to toggle that option on. Because the truth is, the more I stake, the more power for curation I will have. And that’s what makes Hive and InLeo so special — a platform where influence comes not from hype, but from ownership and commitment. This is the way!

Posted Using INLEO

Sort:  


This post has been shared on Reddit by @behiver through the HivePosh initiative.

This post has been manually curated by @steemflow from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

image.png

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @steemflow by upvoting this comment and support the community by voting the posts made by @indiaunited.