On LeoFinance, you can signup using Metamask and earn LEO rewards for your content. We've also built an easy offramp from LEO into ETH so that users of Metamask can seamlessly convert their blogging rewards into ETH.
This post is my entry to LeoFinance's Week 1 competition to reach out to the Ethereum/Metamask community and onboard them to our platform so that they can earn rewards. Note: my entry won't be eligible to win the contest, but this should serve as a general example of what we're looking for.
In this post/video, new users will learn how to signup using Metamask, engage with the site and then ultimately earn rewards and convert them into ETH.
(the video tutorial starts at the 1 minute mark)
How to Signup to LeoFinance.io Using Metamask
Step 1: go to https://leofinance.io and hit "Get Started" then select "Sign Up With Metamask"
Step 2: Enter a username for your account
Step 3: Confirm with a Metamask text signature
Note: this text signature verifies that you are the key holder to the ETH address. Metamask doesn't share your keys with LeoFinance and this type of transaction also doesn't require a gas fee. Here you can see me signing up to LeoFinance using an ETH address that has 0 ETH in it.
Step 4: Click the Pencil icon in the top right and write an introduction post about yourself so the community can follow you
Earning Rewards
On LeoFinance, you earn rewards through a decentralized upvote economy. Users can stake LEO in their wallet. More LEO staked = a higher upvote value. When a user with staked LEO upvotes your post, you'll earn 50% of the rewards and they'll earn the other 50%.
Convert LEO Rewards Into ETH
LEO rewards are paid out every 7 days. Once you receieve a few LEO payouts, you can either stake that LEO into LEO POWER so that you can earn stake-based curation rewards or convert those liquid LEO rewards into ETH automatically into your Metamask Ethereum address.
Step 1: Click "Claim LEO Token Rewards"
Step 2). Choose how much LEO to convert and hit "Continue"
Step 3). After 1-3 minutes, you'll see the ETH arrive in your Metamask ETH Address
Social Media on the Blockchain
LeoFinance is a cross-blockchain social media platform. You can signup with Metamask on our UI. On the backend, all of your interactions are broadcasted to the Hive blockchain which features immutable data storage and scalable, free transactions.
Using a Hive block explorer like hiveblocks.com or hiveblockexplorer.com, you can see your profile directly on the blockchain and track all of your interactions. Social media is now immutable. Nobody can delete your content or rewards from the blockchain.
Questions? Reach Out!
If you have any questions, there are social icons on the bottom right of https://leofinance.io. If you're on Mobile, you'll see a big Discord icon that links to our server.
If you're on Desktop, you'll find our Twitter, Telegram and Discord links. Don't hesitate to reach out to our community with your questions. Happy blogging, now get out there and earn some ETH rewards 🚀
▶️ 3Speak
Posted using LeoFinance
I buy the idea of an introduction post as well by metamask users, so much opportunities and converting their leo rewards to Eth is one of them. Nice, I guess this is quite stunning to start with.
Now we just gotta get the message to them :)
LeoFinance is as easy to use as any other ETH App like Uniswap, Oasis, Compound, etc. etc.
Posted Using LeoFinance Beta
Good thing this isn't eligible to win the contest otherwise no one else would stand a chance..
Posted Using LeoFinance Beta
lol Thank you
Posted Using LeoFinance Beta
This will definitely attract new people from ETH World but I think, high fees are a bottleneck, unless someone converts a big amount. And this is not automatic, right, the user has to initiate the conversion. It's not like I set up once, and it does the job automatically ?
Posted Using LeoFinance Beta
Nope it's not automatic - since it's all on-chain. The user needs to confirm the TX to make it happen. It is literally the press of 2 buttons to get the TX to go through..
Also consider how other payout platforms work. Often paying out in monthly or weekly chunks. A user can earn LEO for 1 month or more and then click a button and have those rewards sent as ETH to their address. That makes it easier than ever to get payouts from the Hive blockchain on another platform/exchange.
Posted Using LeoFinance Beta
Hi! How to import acount to my mobile Metamask app?
Posted Using LeoFinance Beta
How to import acount to Metamask mobile?
Posted Using LeoFinance Beta
Hey, I'm not sure what you mean by import. Do you mean sign in to LeoFinance.io using Metamask on mobile? If so, then just head to leofinance.io from your mobile device and click sign in/sign up
Posted Using LeoFinance Beta
Yes. Sign in. But wrote "Paste your private key string"
What key?
Posted Using LeoFinance Beta
https://leopedia.io/faq/#what-is-leofinance
must visit here
Posted Using LeoFinance Beta
I created this account on Metamask to test the account creation process. It was annoying that I couldn't find "Web3 provider for using Dapps" but "Ethereum provider using Dapps" only. I changed it to Metamask but I still got stuck in the dialog prompting me to download and install Metamask. I had the same problem on Chrome and Firefox, too. Surprisingly, the whole thing started working on the final try on Brave. All is well now.
Posted Using LeoFinance Beta
Hmm that is strange. You selected Metamask as your web3 provider and then refreshed the LeoFinance.io page?
I’ve tested it and haven’t had issues once I did that, but I’ll keep trying to reproduce this. Thanks :)
Posted Using LeoFinance Beta
There was no Web3 provider option at all. Only Ethereum provider. I'm not sure what happened in the end. Perhaps I'd just forgotten to refresh.
Posted Using LeoFinance Beta
specially Thanks to @leofinance help me to Understand About Crypto-currency
its has Kind and Legends Members who always support me.
its realy unique for Learning And Earning
Love From Pakistan
Posted Using LeoFinance Beta
thank you for the useful information. sorry, I can ask how to change the avatar or photo?
Posted Using LeoFinance Beta
For the competition entry, I shared this video on YouTube, Twitter, Medium and Reddit:
Posted Using LeoFinance Beta
I had no idea we could claim LEO as ETH, I might just have to give that a go, seems very smooth!
Great work!
Posted Using LeoFinance Beta
That's pretty neat, I really like the idea! Good Job!
Posted Using LeoFinance Beta
thanks, @khaleelkazi for this video I learn a lot from you so I think I'm ready to post on @leofinance
Isn't it possible to add metamask to existing hive account?
Muy buena. Esperemos que se vea beneficiada toda la plataforma.
My mind has just been blown. You guys are really making cool things happen! never mind the fees, you integrated with Meta Mask. Hats off to you! I'm very impressed.
Posted Using LeoFinance Beta
i think i am the One stupid Person who is not Connect with metamask i try many time ti connect with metamask but its faild. its really unique method to deposit Leo but..
Posted Using LeoFinance Beta
I really appreciate this content. Check out my workbook
Posted Using LeoFinance Beta
Bravo!
I'll be using your screenshots in making my post.
Permitted?
Posted Using LeoFinance Beta
ETH to methamask? As of now, I prefered to invest all my earnings to leofinance, to have more leo power!
Posted Using LeoFinance Beta
Although its publication is not within the contest, it is a valuable contribution for everyone, the detail of the explanation serves to guide us and take advantage of the Leo token to generate ETH.
Thanks for the step by step great help.
Posted Using LeoFinance Beta
This is excellent integration. I hope ETH guys pick it up