LeoAds introduces a new reward pool. Build you LP now!

Introduction

A lot has been happening in the Inleo (formerly Leofinance) community in recent times and the updates keep flowing in. When you have a vibrant, committed team whose goal is to build and sustain a top web3 brand, then you expect a lot of great things.

The Leo team recently announced another huge opportunity to earn - a great reason to build your Leo power now. It is called LeoAds. This is not the first LeoAds was introduced. What is actually new is how the mechanism works and the new income stream it offers to holders of Leo power. So what is LeoAds and how does not create a new reward pool?

Understanding LeoAds

When you browse posts and threads on the Inleo UI, you must have seen sponsored ads placed inbetween content. Those ads are sponsored because someone has paid to have them placed there. In essence, those ads generate revenue for the Leo team. It combines pay-per-view and pay-per-click revenue models. What it means is that each time a user views or clicks on those ads, some income is earned from such activities.

Right now, the Leo team already experimented with various ad partners and finally settled with Zilla. So based on the amount of traffic, views and clicks the ads generate, the Leo team collects payment from them every Monday.

The revenue or income generated from these ads is used to purchase Leo off the market. The Leo team generously created a new reward pool from this revenue to reward holders of Leo power based on how much Leo power they have over a 30 day period and depending on how much active votes they distributed.

Earning more Leo from your LP

Basically, LeoAds just created a brand new income stream on the ecosystem for any active holders of Leo power. To earn from this pool, just hold more leo power and vote actively. How much a user earns monthly from their Leo power will depend largely on the amount of Leo power they hold. For example, 1% would represent a small or huge number based how how much Leo power they own.

Remember that apart from creating a new rewards pool, the LeoAds contract also helps to create scarcity for Leo as it contstantly buys leo off the market every week. This buying pressure over time would have the effect we normally see in the crypto market - to push the price of Leo up.

Now beyond just earning from a new pool, the price of Leo improves massively in the market simply means that Leo power holders will become more richer as they accumulate more Leo and that has more value. No one can accurately predict the price activity of any crypto. But, to be honest Leo would see a massive rise in price over time as this contract buys off a huge volume of Leo from the market weekly.

Call-to-Action: Accumulate more Leo Power now!

BUY MORE LEO and Power UP! Given this new update and development, it is only reasonable to do those now! The price of Leo is relatively cheap now and the LeoAds contract just kicked-off. This is a window of opportunity to increase your stake and position yourself strategically claim a reasonable, monthly passive income from this new reward pool.

The leo team has built and continues to refine various features on the platform to create more economic opportunities for participants. LeoAds represent another dimension in these efforts. When you purchase Leo and power up now, you are securing a big position for yourself for LeoAds revenue. We do not know how huge this pool would be. But it would certainly grow as more traffic is generated for these ads.

Ways to accumulate Leo and consistently power up

There are many ways to build your Leo power. The most important thing is to have the Leo to power up. So here are practical ways to accumulate more leo and power up:

• Buy Leo with Fiat: You probably have other businesses you do apart from blogging. So why not set aside some money periodically - like weekly - and use it to buy Leo from the market. That could be your own Dollar Cost Averaging (DCA) strategy. No matter how small it is, so it consistently. Over time, you would build a great LP portfolio.

• Publish content consistently: One way to guarantee regular earnings on Hive is to publish content consistently. Make sure to have at least one long-form post each day. Threads also present a great opportunity to earn from short content. So why not head over to threads each day and try to publish content there. You earn HBD and leo.

So from your earnings, you could swap HBD, Hive and layer 2 tokens to Leo so that you could power it up.

• Engage in Leo contests: Contests on the Hive platform provide a special opportunity to each liquid prices. So always browse the contest tag page and try to discover new contests to participate in.

The Inleo team is currently organizing the biggest contest on Hive blockchain - the adoption campaign. 24th November is the date for the next campaign. You can see the winners of October campaign and date for the new campaign here.

• Participate in LPUD: While the Leo Power Up Day is a time to power up Leo, it is also an opportunity to earn more. LPUD happens on the 15th of every Month. When you power up on that day, you stand a chance of winning more prizes

The above are some ways to accumulate leo. When you do, you power it up regularly.

Conclusion

LeoAds is another massive opportunity to generate income in the ecosystem. Why not give it a try and join the early adopters to make your money. Also, you are helping the ecosystem to grow faster. Together, we can create a more valuable leo and a strong project everyone would be proud of.