So this would be my 400th post on the hive blockchain, am I very pleased and there is definitely a chip on my shoulders. Consistency played a major role to this little achievement, to crown the it all I just hit my target of a 100 Leo token staked. Before now my voting weight was not as significant as it is now, I am so glad that am able to achieve this success in the first quarter of 2022. As a newbie last year I never really understood the power of staking your hive token, until of recent I discovered that my voting weight had moved significantly as I reached one hundred Leo tokens staked.
What’s staking? If you may ask, staking can be related to mining. If you must have read news where the government are clapping down in Bitcoin miners, especially in the Asia content as they are reports that there have been a huge surge on electricity consumption since this process commenced.
Staking is the process of you locking your crypto currency in a pool for a duration, and earn passive income for doing so. So the hive blockchain has also made is easy for you and very lucrative with when you stake your voting weight increases, your earn crypto from your staked tokens, your earnings for the post curated will increase.
They are so many concept as regards staking, like the proof of stake also know has (POS). Proof of stake is an active player in gathering transactions into the block and these transactions are linked together to form a block chain. I started staking through the binance application in order for me to earn more crypto currency staked, well the application gave me different duration ranging from fifteen days to sixty days but it’s not as promising as that of the Leofinance.
So I look forward in attaining my next target which is two hundred (200) Leo token staked, well I know this would be a lot of hard work and consistency in writing. It really gladdens my heart that the web 3 blockchain had open the creative side of me, because I did a little recap and with what I was able to achieve in space of eight weeks is too good to be true. I look forward to this as I will definitely make a progress report as I advance in my crypto journey! I feel the strength of a Lion in me.
screenshots gotten from hive blockchain
Posted Using LeoFinance Beta
We push through anything we put our minds to
#mindset
Nice achievement bro
Consistency is the key
Yes @midemanuel you definitely right.
Congratulations on your 400th post! That's awesome!
Adding more tokens to your stake isn't just beneficial for your curation rewards, but also shows your dedication to the platform and people appreciate that... Usually, that means more upvotes for your posts, more followers, and more cool friends on HIVE that think similar to you!
I have picked this post on behalf of the @OurPick project and it will be highlighted in the next post!
Posted Using LeoFinance Beta