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RE: Leofinance Leading The Way: The Secret Of Success

in LeoFinance4 years ago

Good point. I have been trying to upvote good comments more lately than I have in the past. It might help if there was a better mechanic in place to reward engagement like that. I am not sure what it would be, but the dust threshold seems to remove a lot of reasonable votes.

Posted Using LeoFinance Beta

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the dust threshold seems to remove a lot of reasonable votes.

On Hive it does. Small upvotes are discarded which is what people obviously get on comments. With LEO, that is not a problem since even small upvotes are paid out.

The community has to decide their own engagement which is based upon how each person votes. This is the freedom we all have. At least if it is a manual, some might think about things as opposed to bot voting.

Posted Using LeoFinance Beta

That is a good point for Leo. I didn't realize that. I don't feel bad about upvoting all of the stuff I have been lately then! Now I just need to keep staking my rewards so I can work my vote value up to something worthwhile!

Posted Using LeoFinance Beta

Now I just need to keep staking my rewards so I can work my vote value up to something worthwhile!

That is the best approach.

People need to realize (and tell others) of the compounding effect that takes place on here. The more LP one has, the greater the Vote value. This leads to a greater payout of LEO on the votes places which, of course, means more LEO.

It all just keeps adding up over time. This is crucial for people to understand. While it will not be necessarily quick, it does happen.

And by the way, focused effort over 1 year can make a huge difference.

Posted Using LeoFinance Beta

How small a vote is regarded as dust and is disgarded at HIVE? I never realised these where ignored.