Adding more $LEO tokens to my Leo Power (LPUD)

in LeoFinance14 days ago

Today is one of those days when many users gather here at Inleo to share their experience during the month, and also to participate in the Leo Power Up Day.

Today I will show you my progress as a little rising Lion who wants to become very powerful and influential on the platform, because lately I have been feeling very engaged with the whole Inleo ecosystem and its other applications that are helping all of us in the Web3 world.

Before I start with the article I want to thank you for taking the time to read it, and now without further ado, let's get started with today's article.


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Image generated with Bing AI - Edited in Photoshop CC


Table of contents for this article:

♦️ Rank classification according to your LEO token amount.

♦️ Increase in value of the LEO token.

♦️ My participation in the LPUD.

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Rank classification according to your LEO token amount.

In Inleo you can be part of a great community that loves the crypto world and other related topics, and if you are a user committed to the Inleo project you probably already have some $LEO tokens in your wallet, you may have them in liquid, or you may have them in Staking, the latter is very important to increase your voting power on the platform and therefore have greater participation and decision when you want to indicate which is the content you like.

A user with 500 $LEO token, will not have the same voting power as a user with 1000 $LEO, and that is why activities such as Leo Power Up Day are organized to encourage or encourage users to increase their voting power because in the end this will give more profit when giving like to any article or threads.

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Source...

But something that many new users may not know, is the fact that, depending on the amount of $LEO tokens you have in your voting power, you are part of an exclusive rank table where you are positioned according to your tokens.

That positioning has a name, so depending on the amount of tokens you have you can be a Kitten or in its maximum splendor an Apex Lion, but here I show you the amount of tokens required for each rank as well as the title given to users with that amount of tokens:

RankLeo PowerPosts per month
Kitten1,0002
Newborn Cub2,0004
Cub5,0006
Lion15,0008
Leader of the Pack50,00010*
Apex Lion150,00010*

All this has a purpose, and also has its benefits, because apart from encouraging users to increase their LEO token power to be higher and higher in the rank table, it also has a special activity for those who are part of the rank table, because it is the healing of content based on your $LEO token staking.

I'll leave here a recent publication where you can see the users that are part of this rank table and there you can see how their publications were valued by the Inleo curation project, also in this article you will find more details about this topic of the rank table.

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Source: Stake Based Curation - Week 15 , 2024

I, for the moment, am not in this rank table, because the minimum amount to be part of it is 1000 $LEO tokens, and I still don't have them, but that is one of my goals and I know that soon I will achieve it.

With 1000 tokens I can at least be a Kitten, are you already part of this rank table?

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Image generated with Bing AI - Edited in Photoshop CC

Increase in value of the LEO token.

If we focus a little on the current value of the $LEO token we can see that in recent months it has been increasing in value, the inleo team has been making connections both inside and outside the HIVE network, with the intention of making a good integration of the project and give more options available to users.

Such is the case of LeoDEX, a tool that will allow you to swap tokens and switch between different networks, all these associations as well as with Maya Protocol have given the token a higher value, as its usefulness is gradually expanding both inside and outside HIVE.

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Hive Engine wallet - HIVE/LEO

A couple of days ago the $LEO token reached a value of around 0.38 HIVE = 0.16$ for each leo token, that means that by that time, if I had an estimated amount of 1000 LEO tokens, I would have a value of 160$.

Currently the token has a value of 0.35 HIVE = 0.118$, somewhat lower than the value of a couple of days ago, but it cannot be denied that the LEO token has been steadily rising and giving higher values.

So this is where you have to see the importance of being an actively participating user within the Inleo community, not only with long posts, remember that Inleo also provides us with other tools for content creators such as posting in threads.

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Image generated with Bing AI - Edited in Photoshop CC

My participation in the LPUD.

Now it's time to participate in this month's LPUD, I'm still not a high earning user compared to the other users who have years of experience in Inleo, but even so I consider myself to be participative and to bring something of value to the community.

Although looking at everything from a more objective point of view, I would not have to compare myself with other users, because each one adapts the work in their own way, I know that here we have great content creators that every day share very useful information, that is a job that really deserves to be rewarded, and that is what Inleo is dedicated to, to support the quality content of each one of us.

That said, for this month I have 120 $LEO tokens available.

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For this opportunity I will only use 100 of the 120 tokens I have, I want to leave 20 tokens to speculate a little with the market value, plus I have other tokens in order to sell in case the LEO manages to reach the 0.40 HIVE soon.

Then I will proceed to put 100 LEO tokens to my Leo Power.

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Now my total value of LEO token in my LP is 600 tokens, which at the value of this moment in which I write this article would be an estimated $72.

It may be a small amount, but for me that I am in Venezuela is a good amount hahaha, here with the whole issue of inflation and others, it is complicated to go saving high amounts of money without having to resort to them, but with Inleo my goal is different, my goal is to Hold the currency and continue to grow my amount of token so that at a given time my voting value can be large and thus support the other content creators who make life in this ecosystem.

Thank you very much to everyone for reading the article, you can leave your comment and you can also show me your process in this month's LPUD, if you comment I will go through your profile to see your progress in Inleo.

Happy start of the week to everyone.

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English is not my native language, so I have used Hive Translator...

Posted Using InLeo Alpha