I should be paying closer attention and hadn't realised I was not using all my Leo Vote Power daily.
Over the last few weeks I have noticed I am not using up all of my Leo vote value and tonight I adjusted this using the Leodex Vote Multiplier. It is hard enough to spread your vote value across multiple tribes and the Leodex vote multiplier allows you to manage your Hive Voting Percentage that much easier.
Adjusting the vote multiplier to a 5 x for example allows you to hand out a 20% Hive Vote value, but a 100% Leo vote. Checking on Leodex tonight I noticed the power bar vote values were looking far too high and not being used up how they should telling me I am not handing out enough rewards and losing curation rewards on the secondary tokens. This is easy to see if you have an alt account for a particular tribe, but I have stuck with my main Hive account for curation for all tribes.
The lightning bolt tab on the far right opens up the vote multiplier which you can then adjust accordingly. Check the Vote Power on the token first before adjusting as you may not need to adjust it, but it is good to keep checking.
My Hive Vote is standing on 86% and Leo Vote Power on 93% and will double check after I have done my curation later tonight. In theory I should be targeting 80% due to the 20% daily recharge. We must not forget the secondary tokens do hold value and expect the wallet value to rise accordingly when Hive rises in price.
The last time the Hive price rose my what seemed like a small wallet value did a 10 x and was worth a considerable amount of dollars. We know what the Leo team have been up to bringing in the much needed advertising revenue so maximizing your vote on Leo earning what you can through curation is a no brainer. depending on your stake size this could run into a serious amount of value you are throwing away.
For those of you who haven't used this fantastic tool I suggest you get it set up. It literally takes a few minutes to head over to Leodex and click on the rewards tab. Once there you will see a lightning bolt at the end of each line on the right hand side. Click the lightning bolt and then that gives you a selection to adjust the vote. If you are not sure I suggest a 2 x to start off with and then adjust accordingly in a few days. The voting power against each token in the rewards section will highlight how much vote power is being used.
Nothing can be easier as the tool helps us stretch our Hive Vote Power making it possible to support many more users in the various tribes across the Hive eco system.
Posted Using LeoFinance Alpha
I went to Leodex and signed in, but the rewards tab wont load. I guess the webpage is malfunctioning. Do you know if this can be accessed from Peakd?
No it has to be done via Leodex. I just opened Leodex with no problem. Just double check and click https://leodex.io/. Open rewards and on far right is the lightning bolt.
Okay, thanks, I will go to Leo Discord and put in a ticket. I treid the rewards tab yesterday and again today. But all I get is a loading screen.
It's a very good tool because the way we see people turn it off everyday and can't vote for people because they're busy so it's a very good thing it won't waste their power either. I will definitely use this software when I have more HP.
This feature should be a lot more noticeable; it's hard to miss it unless you're really going for it, and I would guess most people don't even know it exists. No doubt, it's incredibly useful!
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Awesome! I never knew about this!
I only have a fraction of the LEO that you have. Once I am done with my fund raiser I will need to set myself a starter target of LEO to buy up... maybe something like a 1000 LEO or something and see how I go from there.
It is good that you are taking note of this feature. You will be able to know how you have been using your Leo power in the aspect of voting...
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Very useful information, thank you.
Upvote not possible, but tip sent, and reblogged.