10K LEO Locked Time For A New Target
Hey Leos and Cubs
I recently hit the 10 000 LEO staked mark, and man, it's been a long road; I've bought very little LEO ill be honest, and most of it was earned. I'd say the vast majority of my stake came during the SteemLeo days when no one really cared too much about the token sitting around $0.03. I was happily collecting them then as I do now.
As the price rose and competition for the tokens, it got a smidge harder to stack, but because I wasn't exactly selling, I could compound it with my goal of hitting the big 10k.
Since we humans like round numbers and psychological milestones, now that I've hit that mark, it's time to reevaluate my LEO earnings.
Distractions along the way
Since I started my mission to 10k, there have been plenty of developments that have sucked my funds out of staking. Mainly CUB, having secured some BLEO and staking that into the CUB platform and selling some to purchase index tokens like DHEDGE, which pay you back in LEO.
In the HIVE ecosystem, there's always something new to grab your attention and take you away from certain goals you may have had previously.
I try not to spread myself too thin, but sometimes I can't help myself.
What's next?
Now that I've hit my staking goals, I'll still add to it but way smaller since I still want to get another premium from it when Project Blank Airdrop finally goes ahead.
Since I don't want to reduce my stake below 10k, I'll need to add to it before doing anything. I'll be looking to stake up my liquid LEO and start to get involved in the projects outside HIVE.
Arb between LEO and bLEO
Keeping liquid LEO, I plan to arbitrage between LEO on the native chain and BLEO as a lot more capital will be flowing into that pair as we get the LEO bridge, and I think there will be some tasty spreads available.
Building up my bLEO farm
I've only got a few bLEO locked in the farms that were to test when it first launched, and I left it in there ever since the launch. The yields are still pretty high. I think in DE-FI, anything above 20% is an absolute steal, so I will continue to contribute until I see those returns arbitraged down.
LEOFI
I've heard rumours of a LEOFI dashboard that will offer additional features on the LEO ecosystem, so having additional liquid LEO, I think I'll be jumping into that when it arrives if the returns are good.
Possible Rune pair?
I know the LEO's love their thor-chain, and Rune has been doing well in this bull run. If LEO does get into Thor-chain DEFI, having some liquid LEO to throw in, there would be my next bet.
When next bull run?
I know we're all hopped up on this bull run, but I am already looking towards the next bull run and building up a stake towards taking advantage of those opportunities. If I continue to earn the LEO at the same rate I do now; I should have around 6000 extra LEO come the next bull run.
That's 60% extra on my main stake, and who knows what opportunities LEO will have in the next 4 years.
Having all these new features, adding new users and the burning coming from fees, tax and ads it will continue to put pressure on supply, so picking up what I can now at these rates are going to be seen as a steal in the future.
That's my game plan for now; what will you be doing with your LEO?
Have your say
What do you good people of HIVE think?
So have at it, my Jessies! If you don't have something to comment, "I am a Jessie."
Let's connect
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I have a few less zeros than you at 10 Leos staked 😂 but I plan to keep stacking and powering up, I don't need to cash out anytime soon
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That's the attitude, its the same for me too, I don't need this money and it comes in handy to try new things lets say CUB launches something new I have tokens to go and try it.
The first few take a while to stack, but as you grow your curation rewards for upvoting with your stake continue to compound. I've been posting here daily for 3 years now, lol so glad it wasn't a total waste
Also staking LEO you will have access to their latest airdrop coming soon, I've also received CINE tokens for holding LEO so they do become a gift that continues to give
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Oh wow 3 years is impressive, that is the perseverance I hope to have! I'm definitely here for the long run, so very excited about what's planned for the future!
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Lets also add some !LUV to your growing collection and maybe some !ENGAGE 20 too
Woohoo! I have no idea what these are but I'm excited haha
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ENGAGE
tokens.Hi @invest0x23, you were just shared some LUV thanks to @chekohler. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares
Damn ! Congrats 🍾 mate. You are starting your whale 🐳 journey. I will see you up there when I finally get to 10k
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Thanks lol it’s been a long road of stacking but I told myself you don’t touch it until you hit 10k now that I have that I can continue to curate my upvote is 1 leo now which is pretty cool
Now time to build up liquid stake and fore them off in different directions I think now I’ll get a little crazy
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10k is fairly good and I don't blame you for wanting to diversify. I recently decided I would start putting in more LEO for other investments like CUB LP pools or dens and other dividend tokens. But growing my LEO on-chain is still going but I am leaving it more around 100 per month.
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Khal and the team are going to need leo to burn from all the cub fees and I’m not selling it to them cheap! Make me an offer I cannot refuse or watch me stuff it into CUB lol!
My next goal is to build up a leo war chest and go to town on these dapps
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Wow, that's inspirational. My mini target is 100 LEO - a lot less than 10k, but I've only been here for just over a month so I'm hoping that it will grow steadily just like yours has.
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The first few months are a slow grind but it starts to compound pretty quickly once you hit that 500 LEO range! If you’re consistent it pays off, it took me a god few years to collect all of this
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Enticing plants to emulate I must admit, my liquid LEOs are going on for CUB currently while I maintain the 1500 LEO Staked, my plan is to continue doing that until am able to get some fiat into CUB then grow my LEO power to the next immediate target 2k.
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I feel you, I just don’t want to get hit with the 2% fee too many times if I can help it! So if I do jump into BLeo again I would like to do it with a solid pile!
I think we still pretty early on cub and for me this is a total risk feee trade but I still doesn’t mean I want to even a bit if I can help it
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Congratulations on achieving the milestone.
Your hard work and clever strategies are working well.
I am targeting to accumulate 100 LEO, that’s my short term goal and 1k as my long term goal for this year.
Looking forward to see LEOFI dashboard.
Once again we’ll done and congratulations
!LUV 1
Thanks man, I do hope you reach that 100 pretty soon, your comments are always thoughtful wish I could always reward people with more so I like to stake so I can hand out more leo
I am sure you’ll hit 100 before the end of the year
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Hi @chekohler, you were just shared some LUV thanks to @harpreetjanda. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares
Congratulations on 10k man.... that's quite the milestone. Are there plans for ads on LeoFinance? I guess it is unavoidable but hopefully it doesn't get too cluttered.
There have been ads on leo since the beginning, there has been talk of optimising it to add better placements and then as people want more views they’ll also burn leo for the top spots
The more uses and sinks for leo the better for holders of the token I assume
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There have? Forgot I've had the ad-blocker on all this while. But yeah, good placement and better targeting goes a long way.
Seems to be a lot in the works but hard to tell where we will go or when it will happen. For me though I'm always playing the long game which means stacking as much as possible. Always makes me laugh but a little sad to see how many people are short term game players and rather sell for such low amounts.
Congrats on your 10k milestone!
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Lol I get you, I also used to get annoyed at seeing people getting tokens and then selling them and then complaining they don’t get support but if you’re only thinking of yourself and not supporting others with your stake in a network then why complain?
But then I realized those sellers keep the price down and make it easier for me to hit my targets so now I’m grateful for them
Pretty sure if eveyeone was thinking long term holding any token would be a pain! But because most people are into low time preference profits it makes taking the other side so much more profitable
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Very true, if everyone was a long term HODL there wouldn't be any liquid hive to go around and prices would be crazy high. I guess we can thank them lol
I've been a bit back and forth with myself as of late in terms of voting on content of people who I know just sell it right away and cash in. At first I was thinking ehhh it's not good but in a way it is. It keeps things moving in the system. I'll most likely not vote that content as high as someone I know that stakes a little or all of it as to me that looks like long term thinking and supporting the platform/ helping curate content. Like a stock holder they are vested into the success of the platform.
I’ve had the same issue but what I thought is fine, support net sellers too as they are part of the game but I try to make sure I don’t support the same ones all the time! Otherwise you just concentrate the incentive to sell!
If everyone gets a taste of selling they can only sell so much and cannot move the market whereas some with big baggage I’d they dump they smash down the price
Congratulations on getting to 10K LEO. I hit my target recently too although it was a more modest one of 1K. 😁
I'm not sure what to do now. Like you I'd like to venture outside Hive more but it needs to be something that is easily managed.
And right now the crypto side of my life is taking way too much of my time.
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Getting to 1000 now still seems reasonable but who knows in the future how hard it will be to get there so snap em up while the competition for tokens is low
Oh I feel you, but because of the last years lock downs I had nothing better to do but mess around with blockchains and I’m pretty glad I did
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well done, I only have 3 LEO,thank you for sharing, have a nice day
Well keep engaging and stacking I hope you hit the 100 leo staked soon
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Nice one achieving this. You are 6K ahead of me and I will get there soon enough. There is plenty reason to just keep stacking as the price has to go up.
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