In this episode of the Weekly AMA, we talk about PolyCUB's monthly report and the newest Web3 social media feature launched by the LeoFinance Team: LeoThreads.
PolyCUB's monthly report covers progress by the DAO in terms of buying POLYCUB and distributing it to vexPOLYCUB's staking contract.
The LeoThreads coverage focuses on our newest feature for LeoFinance's Web3 platform: microblogging.
Never before has anyone been able to solve microblogging directly on a blockchain with 0 fees and a high degree of scalability. Users can now create hundreds of microblogs per day directly on the blockchain. This was never possible under any other platform or blockchain in existence.
All had either fees for transacting or weren't second-layer content setups which created a "frowned-upon" environment for microblogs.
This is the ultimate microblogging platform on Web3. The first of its kind and likely to be a killer application of Hive blockchain technology in the future.
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Our mission is to put Web3 in the palm of your hands.
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Whitepaper: https://twitter.com/FinanceLeo: https://discord.gg/E4jePHe: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3
Microblog on Hive:
LeoMobile (IOS)
LeoMobile (Android)
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Hivestats
LeoDex
LeoFi
Polygon HBD (pHBD)
Polygon HIVE (pHIVE): https://leofinance.io/ https://leofinance.io/threads: https://testflight.apple.com/join/cskYPK1a: https://play.google.com/store/apps/details?id=io.leofi.mobile: https://hivestats.io: https://leodex.io: https://leofi.io: https://wleo.io/hbd: https://wleo.io/hive
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC)
PolyCUB (Polygon)
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://cubdefi.com: https://polycub.com: https://wleo.io
Posted Using LeoFinance Beta
One day ppl will discover thre is also a "fee" on Hive.
Called the RC
Posted Using LeoFinance Beta
RC pools fixes this
We can easily build a bot that delegates RCs to users of threads who are running low
Posted Using LeoFinance Beta
What ? Is delegating RC now possible?
Posted Using LeoFinance Beta
Right now it can be done through HP
Next HF it can be done without losing HP access
Posted using LeoFinance Mobile
Definitely I agree with and I think this will definitely help user's who do well on threads too
Posted Using LeoFinance Beta
Apparently, I just found out about LeoThreads a few days ago because I've haven't been paying the much needed attention to the blockchain. I'd certainly get fully involved henceforth.
Posted Using LeoFinance Beta
This absolutely amazing to achieve such goal and hardwork towards it and it feels good to be there to socialize with others.
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Wow this is great
Leothreads is an amazing entry that has help with engaging and allowed us to have microblogging. thanks to leofinance team
Posted Using LeoFinance Beta
amazing achievement!
@tipu curate
Upvoted 👌 (Mana: 8/48) Liquid rewards.
one smaller problem I see is that threads is still integrated within leofinance which acts as a kind of barrier for all people not interested in finance (although all topics are allowed on threads). But I suppose this will be remedied with Project Blank (?)
Potentially, but people are already starting to see that Threads is an open-scale platform. No barrier on content
Posted Using LeoFinance Beta
Leothreads makes everything easy for micro blogging, a good feature.
Posted Using LeoFinance Beta
I believe that Hive is just one unique platform and leofinance community and its amazing dev are doing a great work behind the scenes and that has helped the community in creating sure a free to use microblogging.
Nice work to all the dev that has made this possible.
Posted Using LeoFinance Beta
web 3 is indeed in the palm of our hands with all these savvy innovations being put into place by the Leofinance dev team . There’s no stopping us on here !
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Apparently, this is one of the best development here on Leofinance, a very good one from the team
Posted Using LeoFinance Beta
These are valid questions, however one key part of LeoThreads has already solved this:
Threads are NOT top level hive posts.
Threads are already earning HIVE + LEO.
No hive policeman can say that threads are shitposting the chain because they aren’t posts. Yet threads users are still earning both second layer and first layer rewards. One of the beautiful things about the second layer is that even without first layer rewards, it’s still rewarding. Having some small first layer rewards is still cool.
RC issues are easily resolved in one of two ways:
Hope that clarifies
Posted Using LeoFinance Beta
this should be solved with the upcoming delegation feature of RCs in the next HF (if the LEO team decides to support their community in this way)