It's the 15th February, and that means it's LEO Power Up day.
Image created by AI in NightCafe Studio
I've done my "duty" and powered up 150 LEO. That brings my total to 2736 staked plus another 3868 staked and delegated to @meowcurator.
Does anyone know if Leo vote power is shown anywhere in my profile ? I'd love to know when I hit the point that my vote is worth enough to make curating with my staked LEO worthwhile and a higher earner than just passively earning through delegation ?
Additionally, does anyone know if there's a way to flex the LP/HP vote percentages separately, so that it would be possible to (for example) do a vote that's at 25% of HP but 100% of LP vote values ?
LEO Price Action
It's a strange thing that InLeo is a platform that is developing and delivering new functionality and links to outside ecosystems, and yet the price of the LEO token doesn't reflect this. I've spent just over £200 on LEO over the last couple of years, and the current value is about £100.
But the reality seems to be that the price is influenced by the crypto market as a whole. When Bitcoin is dumping, so are altcoins, and so are HIVE and LEO. When they're pumping, LEO gets carried up with the tide.
The token's main function is to keep the ecosystem working, where a quantifiable flow is more important than the dollar value. Let's face it, US dollars themselves are backed by nothing except perceived confidence in the US economy and military hegemony, both of which are starting to come under question.
Actually, the token price doesn't even matter other than at the point in time where you come to sell it. If you're trading, then that can be a rapid back and forth set of transactions, but most of us (myself included) are just building up our LEO for now.
So what matters is how many LEO you've got and how well you're doing at stacking them, not what they are currently worth compared to an arbitrary (and possibly manipulated) thing called a "dollar".
Posted Using INLEO