You know what I hate about noobs? They have no Leo Power. None.
Haha, I'm yanking your blockchain! I love noobs. Everyone has to start somewhere and anyone who's anywhere did just that. 😁
Today marks a full week of posting here on Leo as well as on HIVE. Coming up with original content (often twice a day), never strikes me as a chore. Quite the opposite. It stokes my creative side and that leads to a positive mindset.
Time on the screen does take time away from my wife and kids. I figured being Saturday, I could give myself the day off from writing. now here I am writing.
I Have No Leo Power - None (Really!)
Go ahead and say it. What a noob! And worse than a plankton, I start off ragging on kittens with NO Leo Power without having a single stake myself.
What gives?
Plan - Target - Action - Score
Plan: Stage 1
Inception of the plan goes to the credit of others....wiser ones than I. I'm just following along, for the most part.
The plan is, if you haven't guessed already, to participate in the Uniswap wLEO liquidity pool. Part of that plan involves securing equal value amounts of both wLEO and Ethereum.
I also want to study the process of wrapping LEO, using Uniswap, and entering the liquidity pool. My hope was to absorb more info today, but it just didn't happen.
Brief Announcement
Here's a good point to stop, take just a moment, and cover what I forgot to in my last post.
Hear! Hear! The following isn't financial advice. Please invest responsibly.
If you do decide to join us on LeoFinance, don't become overwhelmed. I'm learning to use LeoPedia.io to find answers to most of my questions. It's helpful whether you're just beginning or trying to expand your circle of knowledge.
Target: Stage 2
Knowing how much to shoot for falls along the lines of planning. It's an important point and so it gets its own mention. A target provides confidence as I move forward to the next stage. Getting busy with it!
As it stands, my target is to reach a minimum of 500 liquid LEO. I'll also need to match that value in ETH. A second, but just as important target.
Action: Stage 3
In order to hit my targets, sitting around won't do. I'll have to take more action. Blogging helps my liquid LEO grow a bit, day by day. To dste, I Hodl just over 196 liquid LEO.
In addition, I implemented a power down of my entire staking. That's 1005 LEO and some change. Incidentally, it's also the reason I have NO Leo Power.
Power downs take four weeks. Each week returns 1/4 of my requested unstaking. In four more days, my first week of the power down will return 251 LEO from my vestings.
251 plus 196 equals 447 LEO. With some small pick ups from the LeoDEX along with four days of post rewards, I'm on track to best 500 liquid LEO.
Picking Up ETH
Coming up with an equal value of ETH (plus gas fees) is a bit trickier for me than the liquid LEO. I knew it was going to take one of two things; fiat, or sacrificing a good portion of my other Hodlings.
I thought about the fiat, but my wife would get pissed, so I threw that idea off the table. With four days and some luck, my Hodlings could surge. So could ETH.
It's better, I figured, to start getting some ETH sooner than later. With that in mind, Blocktrades exchanged 2090 BTS and deposited .137 ETH to my Ethereum wallet.
I'll need more than fifty bucks in ETH to match the wLEO. As for which Hodlings I take from is something I haven't figured out yet. I'm hoping the next four days in the market help make up my mind.
Keeping Score
That's basically what I'm doing right now. The ultimate score will happen in four days. Once I enter the LEO liquidity pool, it will be a wrap! Pun intended.
I guess that's why when you score, they call it a goal! Stay tuned. Tomorrow brings only three days left to wait. We'll see if any action comes calling.
Thanks for reading and as always...
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i think the equal staking of eth was a deterrent for me as i bought about 500 wLeo token yesterday hoping to join the liquidity pool only to realise that i needed an equal amount in eth to do so. Personal i would rather buy more Leo token and speculate on the price. That's my strategy.
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Acquiring the ETH can be the tough part. The gas can be expensive too. I wasn't going to do it at first until I thought more about it. After my 250 unstakes, I can stop my power down.
That leaves me with 750 to keep growing my blog here. A monthly yield of LEO, even if it's a small percentage, will be nice. I'm speculation the price is going to moon as well. 👍
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