Strengthen The Community With LEO.Voter | Great Returns AND 100% Passive Income

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I Believe In A Strong Foundation.

A long time ago, I launched something that was called the @asapers. A manual curation team with focus on the little guys. The planktons, the soon-to-be minnows. We encouraged people, both on Discord and within the comment sections. We inspired people to continue to deliver good content and we helped people whenever they struggled. I used my entire stake at the time (1000 Steem) and I delegated my SP to others, and to the @asapers account, so we could make a difference. A small one, but we did something. We did that because we believed in a strong foundation. After a long period of time, when the asapers had been cancelled long ago, I came up with other initiatives. "The Push People"-initiative was a wonderful thing and we managed to push dozens of people into the minnowhood. We managed to do that through direct donations to said user and by upvotes. Step by step, we got more minnows and our goal was to strengthen the middle class. That has been my personal desire for the past 4 years. To have a strong foundation.

With that being said, I have rather recently started to use LEOFinance and I love many of the things I see. I have become a huge fan of LEO and I have powered up 2000 LEO so that I can feel that I am a part of this. A small part for some, but 2000 LEO is ~80% of my entire Hive stake, so it's a decent amount for me personally. I've been here for about a week, I have had great results with rewards of ~350 LEO or something like that, and just a few moments ago I decided to donate 50 LEO to the Onboarding Initiative. That said, I believe in LEO.

As someone who has always been eager to strengthen the community in various ways, I have also recently delegated most of my Hive Power to @leo.voter. My delegation gives me LEO in return, which is really cool as I passively can grow my LEO stake.. But it does much more than that..

I am not available at all times and it takes time to be a Hiver or a Lion. Especially when you believe in manual work rather than automatic means. So, instead of me having 100% VP at times, or doing the crazy thing to spend most of it in one go, just to refuel for 4-5 days without curating anything during that time... I decided to use my power in a different way. I had heard good things about @leo.voter and I decided to delegate.

  • I delegated 2000 HP.

This way, I will earn LEO each day which is great for growth, I don't have to keep track of my voting power and it gives me some more time.. What I noticed was this:

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I seem to earn about 0.681 LEO per day.

I will keep things simple so I won't talk about compound interest, but my goal is to stake those 0.681 LEO I get each day. The 0.681 I get for having 2000 HP delegated should therefore increase a tiny bit for each day.

However, I'll keep it simple in this article and just go with 0.681 per day. That equates to 20.43 LEO per month (30 days) and 245.16 per year (12 months). - 100% Passive Income.

So, while most of my Hive Power is in work, without me doing the work, and it is used to strengthen, reward and motivate others, I can sit back and enjoy a passive income of ~0.7 LEO per day. With time, due to me staking the returns, it will grow and I will yield an even greater return.. Still without doing work, except for staking the amount I get daily. That is what I call encouragement and building a strong foundation.

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18 comments
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That is one of the great things about LEO; there are a lot of options for people.

And they are expanding.

We are going to see this being a major wealth epicenter for people. There are going to be a ton of ways to make money with Leofinance.

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It sure looks like it.

I have obviously heard about different delegation projects in the past, not really been a fan though, but I really like leo.voter. At least so far.

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We are going to also see subscription services which will open the door for people to provide different things to the platform.

If I think to a year from now, it will be amazing. Leofinance will be so much different.

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I look forward to it. Literally everything I have seen so far, (except for the not-so-diversified content), has been really great. This place feels alive with the announcements and updates. And the increasing engagement.

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This is awesome. It's funny how life circumstances come in and force us to find another way to make due. So often when we adapt, we discover new ways of doing things we would otherwise never had thought of.

Like taskmaster says, there will be so many roads people can take here to earn LEO. I need to find some more money somewhere and get it in here. 🤣

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I need to find some more money somewhere and get it in here.

Let me know if you have any leftovers. ;)

Seriously though, LEO looks very promising and it sure is nice to have your HP work for you instead of the other way around.

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I've been delegating to leo.voter long time. My every free, spare Hive token. Updating with my newly earned Hives every week.

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Sounds like a really good idea, and definitely what I have in mind. It's an awesome way to grow. Both yourself and the community.

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I was thinking about doing a bit of this myself for the leo.voter. Did you have to take any special steps or just send a delegation and the leo started getting payed out automatically?

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You'll get addicted to that delegation.

I think I started off with about 1000, now I'm up to 9000!

I've just gradually increased and increased.

To think I used to get around 15 LEO a day for what was few thousand being delegated, when the price was around $0.02-3 - Still, it's a solid 16% return I think.

And then you get a better delegation return when you stake it on LEO too.

Win-win if you ask me!

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I actually already looked at the possibility of delegating another 500 HP, but I couldn't do it. I'll wait for my VP to restore, (as I've spent a ton of VP now due to me being a bit inactive for the next ~2 days), and after that I'll most likely delegate another 5, or perhaps 600 HP.

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