I just Powered Up 13.5K LEO for LPUD. 10K of that was what I'd PD'd to go into the Arbitrium LEO Cacao pool but haven't quite got around to it, and I haven't got time to DMOR so I decided to just Power it back Up....
And additional 3.5K was FRESH, it's amazing how it stacks up over the weeks with delegation, curation and blog post earnings!
This brings me up to around the 34K LEO mark, which is NICE!
I figure it's better the devil you know, not really feeling the DEFI thing ATM. Maybe in the future, but NRN!
It was good to hear in the last AMA that the users are up to 1700 a month in August, I guess at the end of the day the sense of any social project depends on the number of users, so that is a great sign, especially during what is not traditionally a great month for crypto.
Looking forward to the new ads platform...
I've long been a fan of bringing ads to LEO, I always liked the original idea of generating revenue from ads and then sharing it with users, and using a proportion to buy LEO, thus helping the price.
Interestingly the new revamped version will allow users to have a say in what gets advertised, I am assuming this will be stake-weighted, and this is a pretty cool innovation, I don't know of anywhere else that does this!
Development ticking along in the background...
It's encouraging to see Khal and others working, working, and tweaking the whole LEO system as appropriate, I don't mind at all that ad drops have stopped because they are making changes, so that's all fine, I'd rather see medium to long term development taking place, as it is!
A good time to buy LEO...PROBABLY!
LEO is at a historically very low level, so IMO it's a good time to buy, I mean $0.03 sounds cheap given the level of development going on.
I guess the price is so low as LEO is just suffering from the same as Hive, a lot of smaller users using their earnings to pay for coffee and cake, or whatever else they regard as worth more than making a long term significant Vest in the system that pays them.
People can do what they like with their stake, personally I think this is a decent opportunity to pick up a little more LEO.
To pool or reVest...?
I did PD a month or so ago thinking of putting 10K LEO into the Cacao pool, probably just about enough to justify the fees, but I haven't actually done my research yet, I just find DEFI a bit dirty these days so might just Power the whole lot back up, even though my spider senses are telling me I'd probably make more having it in that pool.
However at the end of the day and at a purely on an emotional level I just like the idea of that 50K LEO goal!!!! NOW seems like the window to achieve that!
Onward and Upward...
Whatever I choose to do with my LEO I think right now is a good window to stack a little more, so on with that....!
Posted Using InLeo Alpha