Embracing the Changes in the LeoVerse

"Wish granted!"

That's what I mumbled while listening to the Leo AMA replay which I was not able to watch live because it happens during the wee hours on my side of the world.

Anyhow, if you have watched it, you would have already learned that Leo has opened up and now accepts any topic in the Leo UI, provided they are quality ones. Don't know if that is welcoming to most people but it's a drastic change that we will have to embrace and adapt to if we are to see a real Everything App.

It is to note, however, that the "LeoFinance Community" in Hive is not going anywhere and will still exist, and we can post Finance or crypto-related topics in it. At least there's a dedicated space for those who are keen on reading and writing these types of content.

LeoCache

Listening to Khal's description of how this would work, it is safe to conclude that it is going to be the change we want (and need) to improve our user experience in the Leo UI.

If you have been around since the inception of threads last year, you can probably tell how things have improved a lot. The backend was built from scratch they said so it is understandable that the UI still has some bugs these days - from posts (short and long-form) sometimes not indexing and what else that we encounter from time to time. It's far from perfection yet but the good thing is that they are working on improving it.

Accordingly, LeoCache is going to make things a lot better in scaling the UI - from loading speed, indexing, and the ability to search and bring out contents from all the way as far back as years ago. That would be truly amazing! I heard it is going to change every feed in the UI. I think this is going to make the UI more intuitive. So don't be spooked if the LeoCache rolls out and your feed will be showing mostly the things that you're interested in.

Bring it on, Khal! I'm super excited already!

DHF Proposal

Before today, I somehow thought that once a proposal is 100% supported, it is going to be getting funds from the Decentralized Hive Fund (DHF) every single day until the indicated end.

That is a wrong notion though. We do learn every day.

As long as the Return Proposal continues to get voted on, the minimum support threshold will keep changing (increasing). That means even the active proposals which have been getting funding before may lose it if the support they have falls below the minimum required threshold.

Also, people can withdraw their votes (unsupport) to any proposal at any time. So if, at some point, the support that a project gets below the minimum required HP threshold, that project won't get funds from DHF during those days that it falls below the bar until it secures more votes to reach the needed threshold.

• At the time of this writing, the minimum support bar for any proposal to get funded is 26,540,391.182 HP.

LEO DHF Proposal has gotten votes equivalent to 24,871,363.131 HP so it still needs more love. If you have not voted yet, please consider reading the proposed plans and cast your support through any of the following methods:

• Vote for the proposal on Peakd

• Vote for the proposal on Ecency

• Vote for the proposal with HiveSigner
  
  

The LEO Proposal is asking for DHF Funding to support its marketing initiatives to onboard more users to Hive. When the proposal gets enough votes, it will start to execute its planned marketing initiatives and will receive funds from the DHF amounting to 495 HBD per day from the 1st of September 2023 until the 31st of December 2024.

If, in the event that LEO will not be able to deliver the numbers, it guarantees to refund all monies that it receives from the DHF.

Some people say they tried marketing Hive and it didn't work and that is the reason why they don't support the LEO proposal. But why not give LEO a chance especially since it promised to return every single penny to the DHF if its initiative won't work? There's nothing to lose, right?

Then again, the decision lies in every HIVE stakeholder. So what's gonna be yours?

Anyway, if you have not listened to the Wen Soon Show, you do can so here. There were talks about NFTs and more!

Posted Using LeoFinance Alpha