Curate like a whale with LEN: Lease LEO Power, SPORTS Power and CTP Power on Liotes Rental Shop!

in LeoFinance4 months ago

Hurrah! a new sink has been created for Hive and Hive tokens with the launch of the Liotes Shop. I had noted in one of my post few days ago that eCommerce is crucial for the growth of Hive communities and second layer tokens and the @Liotes project just dived into it two days ago.

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Not fewer than 17 items in multiple quantities are already listed on Liotes Rental Shop which is a defining usecase to the latest LEN (Liotes Energy) token mined from LENM (Liotes Enegy Mills) created by @ph1102 and @Achim of the CTP community. LEN is as old as CUB token and it's amazing to see this huge development and usecase for the token which is novel on the Hive second layer.

Creating this sink for LEN which would increase demand for the token and its miners as holders can now have an alternative real value for the token apart from trading it against SWAP.HIVE on the Hive-engine market. Moreover, decent that 10% of the tokens get burnt as it is generated from the lease of digital products.

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I made my first purchase of 3,000 CTP Power delegation, which to me has a higher ROI than purchasing CTP power from the market. This happens because I mine some tangible amount of LEN daily based on the amount of LENM I have staked. The prospect that LEN shop has is that it starts it lease deals with most wanted token for curation including LEO Power, CTP Power and SPORTS Power. There is also a selection of Splinterlands Summoners.

Reading through the update post on Liotes market, it thrills me that the token creators are ready for business and are ready to provide much value for Liotes Energy Mill stakeholders. I'm hoping that soon, there would be a provision for other users to also lease their products on the shop or secure a selling space there.

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While making a purchase attempt hours ago, I was able to rent 1,000 CTP over 91 days for 34.474 LEN and that should be able to pool over 1,600 CTP as curation rewards. That would have been valued at 160 HIVE in the coming 91 days and even more which is very profitable when compared with purchasing CTP from the open market.

Leasing Power helps the lender to bear the longterm risk/profit of owning the tokens while allowing the borrower to take advantage of the short term risk/profit that could be accrued by the price action of the token. The process is quite seamless via Hivesigner. Hopefully, Hive keychain payment integration would be added.

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This development makes Liotes count among the Hive projects interested in eCommerce. Looking at the background of the project founders who have been a part of the @Clicktrackprofit community concerned with online businesses, affiliate marketing and entrepreneurship, it is evident that we can draw some more value from this as other tangible products like eBooks, etc could as well be purchased on the Liotes Shop.

It can only get better.

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This is an interesting one as liotes shop is coming in to play. I see it to be more like an ecommerce platform for exchanging tokens for other tokens. I believe with proper awareness through liotes shop, many will start using interface for their business. I feel the green light sparkling...... 😁😁😁😁😁. It's getting better sir.

I just purchased some miners yesterday and i hear this new today about this exciting announcement.
This is very interesting use case.
Why not rest something if you don't want to buy it. You still can have the power and user the tokens/cards and return it when the lease is over.
I loved the idea.
Are you planning for leasing/renting use cases only or you have other use cases in the pipleline as well ?

Muy bueno e interesante, una maravilla de verdad para lograr los objetivos =D! interesante la probare, dandole poder a esta moneda y enfocando el mercado a donde debe viva

@Liotes Project seems to be promising
I like to hear from you about the new updates

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Great one from @liotes with the rental shop. Love to see development going on around here.

Now it has a good use case. With this, I believe more is still to come

Thank you for the awesome review, Uyobong! And thanks for your purchase!

We will try to add more things in our shop in the near future, so stay tuned!!!

!ENGAGE 10
!LUV 1

Command accepted!

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Hi @uyobong, you were just shared some LUV. :) Having at least 5 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV tokens in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares

Hello friend..
The @liotes is aweaome projece and with new development they show how much they are dedicated for project and putting the efforts in projwcta growth .
The @ctpsb is also another good example of aweaome project by same guy.

I was able to rent 1,000 CTP over 91 days for 34.474 LEN and that should be able to pool over 1,600 CTP as curation rewards.

I am not able to unssratand the calculation as the figures are seems to be ver high..
1600 CTP from curation, its too much..

You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.