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RE: LeoThread 2023-10-20 15:57

in LeoFinance • last year

N00b question here, I know, but is staking $LEO the same as "powering it up" as #leopower?

I've always used PeakD as my front-end for long-form content and fairly new to #inleo for short-form threads. Who's got a good article on LEO token?

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     last year  

    Staking is same as powering up your hive or leo. There are terms like locking which are not holding the same property or meaning.

    Staked can be unstaked but locked is locked for x amount of time.

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     last year  

    Thank you!

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       last year  

      Oh yes it’s literally the same thing. People get pretty confused cause on other chains like on binance staking is not referred to as power up. Infact that term is not even used on those chains. But it’s the same.

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       last year  

      Thank you!

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         last year  

        Appreciate the feedback yall

        I've now powered up my first 500 $LEO

        Let's Go #inleo! #ROAR!

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           last year  

          Think about LEO as a 2nd layer of rewards on top of your HIVE.

          Now when you vote on inleo content, you use both your HIVE and LEO stakes to reward/earn.