Stake-Based curation on Leo Finance

in #hive-167922last year

Leo Finance has a new curation system, we call it Curation [Revamped] 2.0

This system is simple to measure and to follow once you read it a couple of times and you understand how it works. If you want to know the details of the whole curation process, you can click here.

This post is to explain one of the bullet points in this post, the one that depends on how much Leo Power a Lion holds.

Stake Based Curation

There are several Pride Ranks on Leo Finance - we are working on this name, we don't fully love it. These ranks depend on how much Leo Power the Lion has. This Leo Power has several use cases within the LeoVerse, one of them and perhaps the most important is the right to get curation assessment.

This doesn't mean that the Lion has curation guaranteed by @leo.voter, but holding Leo Power gives them a direct line to the Stake Based Curation process.

The current Pride ranks are:

RankLeo Power
Kitten1,000
Newborn Cub2,000
Cub5,000
Lion15,000
Leader of the Pack50,000
Apex Lion150,000

As you can see, it is pretty easy to get to Kitten or Cub level at the current price of Leo. We included these pride ranks into the curation system because we don't want to gatekeep curation, we want to support every author that support Leo Finance by buying and staking $LEO tokens. Bear in mind that having this direct line to our curation team doesn't guarantee any votes, it's just the right to submit publications.

How does Stake-Based curation work?

Every day, two times a day (morning and night EST), @leogrowth will post a Thread using the tag #leocuration asking for worthy post submissions from the Lions. In this Thread, anyone with at least 1,000 Leo Power can submit a post for curation assessment by the team.

This post should not be older than 12 hours and it must be completely original content.

RankPosts per month
KittenTwo
Newborn CubFour
CubSix
LionEight
Leader of the PackTen*
Apex LionTen*

Then, the Leo Finance curation team will check their lists and see how many posts the Lion has submitted. If the Lion already submitted the limit established by their role, their post will just simply be ignored.

The amount of posts per month that a Lion can submit depends on their Pride Rank. Check the table to the right:

*Leaders of the Pack and Apex Lions can submit other Lion's posts, and there's no limit to the amount of posts they can submit for curation. That's probably one of the biggest perks of having one of the two highest ranks in the pride. These Lions have basically the chance to opt-in into being Leo curators just by having a massive amount of Leo Power.

Criteria to get curation

As we mentioned above, having this direct line to the curation team does not guarantee any votes, and if a Lion submits a post that doesn't fit our curation criteria, this submission will still count towards their monthly limit.

There are some rules to submit a post for curation, the article must be:

  • Original content
  • Posted on the Leo Finance community or using the tag #leofinance.
  • Money-related topics (more on this topic in a couple of days, we'll include a link here to that post).

After a post is submitted, in order to get curated by @leo.voter and the oracle accounts, which distribute a ton of $LEO, the Lion should follow the following guidelines - these are not rules, a post can get curated even if it doesn't follow all these guidelines.

Each criteria has a score:

  • Correctly Sourced if applicable - 2 points
  • Original style and writing quality - 2 points
  • At least 750 words long - 2 points
  • Use Leo Glossary - 1 point
  • Publication optimized for search engines (SEO) - 1 point
  • Include a few sourced images - AI is allowed - 1 point
  • Original topic - 1 point

Bonus: The author can share that post on Twitter and get extra points (more details soon)

Depending on the overall score of the post and @leo.voter's voting power, Leo Finance will curate the post accordingly.


As you can see, it is very clear how Leo Finance will curate throughout the Stake-Based curation process.

If you have Leo Power, be on the lookouts for @leogrowth's Threads!


This post will be used to guide anyone who asks about the curation Stake-based curation process and it will be updated, modified and/or changed without previous notice. There will be an announcement by @leogeowth about any change done.

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Yes, it is quite clear. I was struck by several concepts that you coin in this publication.

"Stake based curation", It is similar to when a Hivers delegates power to a curation project, i.e. he earns that right to a "curation Assessment", this was already going through my mind some time ago, however it is a delicate subject. Some may label it as a sale of votes.

To me this plan makes sense, it is what happens with the people who are in your feed, they have the right to a curation evaluation. What I do see uphill is that a single curator is enough for everyone, surely they are already planning to expand that.

I congratulate you for continuously creating great ideas.

This is a great arrangement. Goodbye to random votes.
A quick question though: Will the votes gotten as a result of quest articles be counted towards the months totals as the campaign is still on?

Well time to power up some #LEO😎🙂🙂

Now, Leo Power has an extra utility 👏👏👏

And more to come! Did you know that a big chunk of Ad Revenue will be spread among Leo Power holders in the future?

That's cool.

Great criteria points to encourage quality and quantitative content in the same time with some points more for extra activities (like sharing on Twitter and I would add here also Reddit, where Leo Finance has some good community numbers). What's nice on top of this is the fact that for example in my case it is part of my routine to share Leo Finance content on multiple platforms as this helps to spread the word.

Thanks, @anomadsoul leader of the pack......hehe just for clarification posting a link to self-post allowed?

Great news regarding our curation system. This method is something unique. I love that the eldest lions can nominate other posts than yours. Great work, comm!

hey, I just tried to submit an entry, but my post doesn't show up in the thread

Thanks for this guide.

So I still have three posts to submit. 😆

This is good and quite clear to understand how curation will be followed on leo going forward. Thanks Eric

Only one issue, based on these ranks, "Rich gets rich and poor gets poor". But then again it's kind of tweaked like rich put in more so rich get relaxation in taxes kind of scene. Reasonable and growth does happen slow. I agree with the rest of the system though.

This is just one of the 6 modules to receive Leofinance rewards. In addition, creating incentives for users to buy and Power Up their $LEO is extremely important for the financial health of a project and will help their tokenomics a lot.

Fantastic explanation Eric! This takes all the guesswork out of the equation and That's marvelous! This might just make my getting to "Lion" rank a bit faster hehe!

Thank you for this update and specifics.

Just to clarify one thing, does the "or" on below statement mean we can submit those posted on another community but containing the #leofinance tag? Thanks!

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It is well understood

I like the idea that healing can go hand in hand with LEOPOWER, it is one more incentive to put the leo in stake. I'm not a kitten yet, but, let's go for it and much more.

I think that having things clear beforehand is very useful, because it optimizes the processes and also gives us a horizon to walk by. I like how Leofinance is consolidating the community through the campaign.

Without further ado, thank you Eric for providing this information.

Great write up and explanation of why powering up LEO is so important. Just one of the MANY benefits for doing son.

Thanks for the clarification which nicely supplements the earlier post. Regarding Criteria to get curated - bullet point #2 -

Posted on the Leo Finance community or using the tag #leofinance.

This implies that curation is possible even if the Leo Finance Community is not use. Did I understand correctly? Kindly clarify.

Yes, there are some Hivers who prefer to post directly on "HiveGarden" and use the tag #leofinance because their post is about how to budget correctly for a new garden. That way the user can post in both communities.

OK - great - makes sense. many thanks for the clarification.

Hey Eric, instead of "Pride Ranks", just call it "Ranks". KISS (Keep it super simple). It sounds perfect to me.

And Curation 2.0 - LFG!!! I will be on the lookout for @leogrowth's posts. 👋

This is great. We have more reason to stake Leo now than ever. making long content that is original and unique. My question is, where do I submit the post as a cub

The criteria doesn't state that the content has to be in the LeoFinance community or even about money or finance—should it? Or could I submit something like one of my fiction posts to hopefully satisfy all points except for LeoGlossary & SEO?

I thought it was implied but you are totally right that it must be included, I will add this to the post to make it more clear and transparent. Thanks Jordy!

Edit: Done!

That being said, Fiction stories related to money or finance are completely in the fields of LeoFinance, so there's that.

Posted Using LeoFinance Alpha

This post have reminded me deals quest then, inleo has so many ways to help hivers grow and retain them.

Thank you so much for this timely reminder

https://leofinance.io/threads/view/l337m45732/re-l337m45732-2r44paua2
https://leofinance.io/threads/view/peniel2010/re-leothreads-wehrksyy
The rewards earned on this comment will go directly to the people ( l337m45732, peniel2010 ) sharing the post on LeoThreads,LikeTu,dBuzz.

I aspire for Apex Lion. But its a pretty big jump from 50K LP.

Similar to another user, I also seem to have some trouble submitting my post on leogrowth's Thread (which is 3 hours old at the time of writing). My reply simply disappears.

I've replied successfully to several other Threads earlier today, so I'm presuming there's some ongoing glitch. I will say that disappearing Threads have been an ongoing problem on the interface recently. I'm happy to Thread more, but not if the Threads disappear lol!

Edit: I don't mean to be so negative! As a whole, this is all innovative work and clearly a lot of thought has gone into these developments. Thanks for facilitating all these changes and encouraging new users to be more active. You guys are doing incredible. 😊

This already paid-out post was just upvoted by @disregardfiat.
This post was created to allow this voter the oportunity to still upvote this content IF (s)he deems this content to be high quality.
Please don't use this post to self-upvote. You will get blacklisted if you do. And don't use it to upvote low quality content

This is a hive-archeology proxy comment meant as a proxy for upvoting good content that is past it's initial pay-out window.

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Awesome, have been here for a while and had no idea about this. I'd buy more Leo then. Let me head out to stake the liquid right away and start my journey to apex.