My plan to reach 5K LP until the end of month :)

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A few days ago I mentioned that my goal is to reach 5000 LEO power within the month of April.
But having a goal is not enough, you got to do certain steps to achieve it.

So I was thinking .. what can I do to receive more LEO?
Hmm.. I could ..write daily - but would that be enough?

Maybe, but maybe not.

So I remembered that there is an amazing way where I can both earn but also help out LeoFinance (and the rest of the community)

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What?

To delegate hive of course!

Hive is the core of our blockchain :) Everybody wants to have a great hive power and also to be able to reward the people they vote for and to receive good curation rewards.

My hive is not increasing so quickly, so I thought I would try to delegate an amount to @leo.voter.

What does this mean?

Getting a 16% ROI

Source > https://leofinance.io/@leofinance/how-to-earn-a-16-roi-on-hive-power-and-support-leofinance-s-new-leoinfra-onboarding-system

And it is very easy to do it.
Steps?
1

  • Delegate the amount of hive you want to @leo.voter

And then? Just wait for your daily rewards in LEO!

You can read the post above for more info, I will also post later on about my extra earnings and until then .. Let's see..

How to delegate to leo.voter!

I will be using peakd.com for that

1. Visit peakd.com and visit the wallet section

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2. Click to delegate and fill in the information requested

(a. name of delegatee & hive power amount)
I will be checking how it goes with 500 HP

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Click continue and sign the transaction via hivechain.

3. If everything was correct - you are done!

You will see the amount deducted

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Final Words

This is my current wallet status, so let's see how this plan goes, I will update you soon!

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Thank you so much for visiting!

Leo & hive to the moooon!

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Who am I?

I am Katerina from Crete, Greece. An enthusiastic content creator with a passion for photography. Interested in the blockchain technology, in new social media platforms and in trying to educate new users who wish to explore the blockchain social media world and its possibilities!

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21 comments
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Sounds like a good plan. I've been delegating for quite a while and love seeing some LEO drop in my wallet every day. It could be time to up the amount though. My goal is to get to 1000 LEO but I didn't put a time frame on it.

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I have given a delegation of 800 HP and I get 0.2 LEO every day.

How much do you think you will get for your delegation?

Because I made this calculation but I don't know if it works like that:

800 hive power = $0,564 per HIVE X 800 = $451,2

451.2 / $0.735 (LEO value) = $613.87

$613,87 / 100% = $6,13

$6,13 X 16% = $98,08

98.08 / $0.735 (LEO value) = 133.44 LEO

In other words, my delegation should give me an ROI of 133 LEO? I don't understand this :(

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In other words, my delegation should give me an ROI of 133 LEO? I don't understand this :(

It will depend upon the price of LEO to USD. It fluctuates as the value rises or drops (in USD).

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But the ROI should be 133 LEO?

Because I know that the price fluctuates a lot, but what I never understood is why a delegation of 800 HP only gets me 0.2 LEO, could you explain it to me, please I still do not understand...

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I'm sure you'll hit the target in no time!

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Thank you! I am not so sure, it will take 28 Leo per day to make it on time so it is not so easy but let’s at least have a plan and then we can extend the deadlines 😊😊🙏

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Wow that is an amazing goal. I think 5k HP would mean that your 100% LEO vote would be worth around 0.5. Though it would probably be a little bit less due to the number of people staking LEO. I was also debating about delegating HP over to leo.voter but I was planning on waiting until I have over 1k HP first.

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Good luck I hope you get there. I am on 50LEO, and want to get to the point where I can upvote 0.01LEO. I think that kicks in at around 100 LEO.

I also delegate to LEO voter, is there someone you can delegate your LEO Power too as well? if you don't want to manually curate, but still get a return?

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I'm just new to Leo. Good to have this article. I will put the target for myself

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I've never been a big owner of LEO, but even I started accumulating a little now, because the price stays so low while so many other tokens have boomed.

I suppose bLeo/BNB liquidity pool at CubDefi.com could be an alternative way to get a good APR? Of course it'd be in Cub, but you can then swap that for LEO whenever you'd like :).

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I'm just new to Leo. Good to have this article. I will put the target for myself))

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You will do it, absolutely no bother. I am aiming for 2K shortly. It is a slog but the dips help!

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