Hello all friends of the PGM community and LeoFinance , today we are here to talk about a new idea that we wanted to share while talking on the discord server of PGM with several users , where we thought of creating a post about the possibility of receiving votes as a thank you for the PGM burn , by sending us a link to a thread via a site that does this , similar to the one on Helios.
IN-DEPTH STUDY
The way this would work is that an account that we create, like for example @leo.upvote, would vote for posts/threads that have the tag "leofinace" (in the case of posts) or that have been published via the InLeo site (in the case of threads). This is because we obviously need to ensure that the voting power isn't "wasted" on a vote where neither the user who burned the PGMs nor the account can gain anything from the vote.
Our goal would be to vote only threads that are of quality and that we don't consider spam, with a maximum number of 2 voted threads per day. This is to avoid abuse, at least in the beginning, in case we see too many PGMs being burned and we can't guarantee our form of thanks, we will decrease the maximum number of threads to 1 per day per user.
We would like to make it clear that, should the project get underway, no votes are guaranteed, any burnt PGMs cannot be returned, and you should not expect total assurance that you will receive a vote, let alone receive votes with high percentages. What we offer is a service we use to thank those who help PGMs fight token inflation, while also trying to support those who create content on HIVE and who keep the blokchain alive, creating interactions and trying to get HIVE out to as many people as possible.
8% APR DELEGATION REWARD
Together with all that has been said in the chapter preceding this one, we wanted to add the possibility of delegating LEO to the account that we are going to create, if the project were to start, and going to return a fixed part to the user, regardless of the APR that would generate the account, therefore, if the project were to have an APR of 7%, in any case the users who have delegated would receive 8% of the APR of the resources delegated in the form of liquid LEO.
Obviously, the project will not only depend on the delegates, but we will make significant investments in the purchase of LEO tokens on the market, so as to guarantee valuable upvotes, even in the event that LEO delegations are scarce, so that the project can be self-sufficient in terms of votes.
FOREWORD
Every single statement and not, written in this article can be changed, deleted, or additions can be made, depending on what the community says in the comments section. This, as written in the title and the cover, is just a proposal that we would like to make to the community, to try to understand what they think, if it could be an interesting project that could have future outlets. In the event of a positive response, the project will not start tomorrow or in a month's time, but we are working on it to try to start working on the best project we can idealise. We thank you for following us up to this point and thank you in advance in case you would like to leave a comment on your opinion regarding this project.
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