The past several weeks have been pretty crazy for LeoFinance. In terms of price appreciation, we've seen another 2x in the token price of WLEO and LEO.. taking us from around $0.22 to currently $0.50. The alt rally has begun and we're already seeing cryptos like Ethereum (ETH) take off after BTC. This has led WLEO (and LEO) to follow the trending alt market.
$0.50 is the highest LEO has ever been. Considering how small and new our project is (less than 2 years old and less than a $3M market cap), we still have a long ways to go. Most of us here believe this project to be worth a lot more than its current market cap and as our major updates for 2021 are rolled out (atomic swaps, our new second layer for LEO, decentralized node network, LeoFi, etc.), we're going to see a massive shift in the overall scale of LeoFinance as a platform.
Rapid Fire Dev Updates:
LeoFinance.io is an interface to social media engagement on the blockchain. Our UI is currently connected to Twitter, Metamask (Ethereum) and Hive. This allows users to seamlessly utilize the 3 to login, engage and even interact with multiple blockchain assets from any device. As the project is continually developed, you'll see more wallet integrations, cross-chain collaborations and more. We're currently working with 2 other major blockchain developers (one app and one blockchain team itself) to integrate more cross-chain functionality to LeoFinance.
With LeoFi on the horizon, it's not hard to imagine collaterlized assets, lending, delegation leases and even synthetic assets arriving to the LeoFinance platform (and LEO token economy) within the first half of 2021.
To wrap this all up with a neat bow, we're launching a decentralized node network on top of the Hive blockchain. This will allow anyone to spin up a simple node that will verify sidechain blocks for the LEO token. The testnet for our new token will be out very soon (weeks, not months) and we will begin open stress testing. After we're comfortable with the testnet development, we'll deprecate the LEO token on Hive-Engine/scotbot and migrate our operations to our own second layer that is truly decentralized, robust and extremely fast.
.. and project ___ is like a nice cherry on top of our 2021 sundae. Hinting at the future potential for us to utlilize core LeoFinance infrastructure (our UI base code, LeoInfra, Leo Lightning DB, new second layer oracle network, etc.) in order to launch sister projects with their own token economies that ultimately feed back to LEO. First via token airdrops to LEO POWER/WLEO LPs/LEOM/LEOMM holders and gradually over time as we plug the tokens together via our second-layer.
2020 is forming to be a great warmup for 2021. Strap in 🚀
Top 30 LEO Author Reward Leaderboard
Our project has seen a massive level of growth in terms of new authors, curators and readers on the site. Our Alexa Rank is about to cross the sub 40k mark globally and the number of daily authors has more than tripled in recent months.
With all of these new users, we've seen a lot of movement in terms of token rewards. More users = more competition for rewards as a wider set of people are creating content, earning and staking rewards to curate for APY yield.
The top 30 authors for December include a lot of new faces and movement in terms of token flow to the top authors. As with any system, once you make it to the top it can be hard for someone to take your spot. With that in mind, we're still seeing a lot of new faces enter/exit the top 30 author list while simultaneously seeing the LEO token rewards of the top authors decrease (even though the USD value of these rewards continue to increase).
It's hard to imagine our token economy being any healthier than it already is, but through curation and other community efforts, the distribution can get even wider and healthier than it is today. Keep up the manual curation and continue to welcome our massive influx of new users both from Hive and outside of Hive (i.e. Twitter signups @ 30+ new signups per day) to the platform with your upvotes and encouraging comments.
Last Month, the top 25 authors earned 26,160 LEO and 33,101 HIVE in author rewards only.
This Month, the top 30 authors earned 22,933 LEO and 40,307 HIVE as LEO rewards have continued to widen out to a larger pool of users.
It's funny to hear arguments about the LEO rewards pool not being distributed widely enough. Much like earning money (as many of us have experienced lately with the rising value of BTC, ETH and LEO), is it ever really enough?
You can always earn more money.
You can always have a wider distribution.
What I'm tracking - and what many other in the community like to track - is the widening of the distribution relative to the previous months. Compare LEOs distribution to something like Bitcoin or even Hive and it may not look as healthy - since the platform is far younger and far smaller. Compare LEOs distribution to itself in the prior months and you'll see that we continue to grow our user base and the the width of rewards.
Notice here that the top authors earned far less LEO tokens than the previous month cycle. Although track the difference in USD value of these rewards:
Last month, the top 25 authors earned $6,801.54 USD in LEO token rewards and $4,303.16 USD in HIVE rewards.
This Month, the top 30 authors earned $11,467 USD in LEO token rewards and $5,240 USD in HIVE rewards.
That's an increase of $4,666 USD (+68.6%) in LEO token rewards (priced in USD value) for the top authors on the platform in December. Meanwhile, these authors actually earned 3,227 less LEO tokens as compared to November - a decrease of 12.33%.
Again, these are interesting dynamics to keep track of. We started these reports 6 months ago and the widening of rewards is both clear and astonishing. We're seeing exponential growth on all fronts and at this rate, the LEO token will be in way more hands 6 months from now. As with every network, the time to earn is as early as you possibly can. Waiting means joining when there is more competition for the same (or even smaller) rewards pool.
note: due to community requests, we increased the leaderboard from top 25 to top 30 - we did something similar a few months back as users requested the original top 20 be increased to top 25. Real-time leaderboard coming soon too ;)
| Rank | Author | LEO $ | HIVE $ | Total $ |
|---|---|---|---|---|
| 1 | @taskmaster4450 | $1,150 | $875 | $2,025 |
| 2 | @rollandthomas | $883 | $151 | $1,034 |
| 3 | @jrcornel | $822 | $441 | $1,263 |
| 4 | @edicted | $812 | $406 | $1,218 |
| 5 | @trumpman | $535 | $125 | $660 |
| 6 | @khaleelkazi | $514 | $291 | $805 |
| 7 | @lbi-token | $510 | $62 | $571 |
| 8 | @dalz | $460 | $199 | $659 |
| 9 | @scaredycatguide | $452 | $127 | $579 |
| 10 | @acesontop | $415 | $141 | $556 |
| 11 | @behiver | $380 | $76 | $456 |
| 12 | @tarazkp | $330 | $584 | $914 |
| 13 | @jondoe | $324 | $173 | $497 |
| 14 | @shortsegments | $316 | $70 | $386 |
| 15 | @cflclosers | $274 | $54 | $329 |
| 16 | @hitmeasap | $273 | $84 | $357 |
| 17 | @chekohler | $269 | $161 | $430 |
| 18 | @whatageek | $256 | $74 | $330 |
| 19 | @r1s2g3 | $251 | $51 | $302 |
| 20 | @spinvest | $241 | $62 | $303 |
| 21 | @celi130 | $240 | $27 | $266 |
| 22 | @filotasriza3 | $236 | $119 | $355 |
| 23 | @coyotelation | $219 | $32 | $251 |
| 24 | @cryptoandcoffee | $213 | $208 | $420 |
| 25 | @josediccus | $202 | $184 | $386 |
| 26 | @forexbrokr | $185 | $25 | $210 |
| 27 | @nealmcspadden | $182 | $70 | $252 |
| 28 | @themarkymark | $180 | $268 | $448 |
| 29 | @katerinaramm | $177 | $75 | $252 |
| 30 | @gualteramarelo | $166 | $27 | $193 |
For this period, we used the current LEO and HIVE USD values ($0.50 and $0.13 respectively).
Top 30 LEO Authors Ranked by Reward Dominance
The following is a chart ranking these same top 30 authors by the dominance of their LEO rewards. LEO % stands for the percentage of total USD rewards earned by these authors as LEO tokens.
As the LEO price continues to rise (more than 2x from November to December), we've seen an even greater level of dominance for LEO rewards. We've believed for a long time that second-layer tokenization is the key to rewarding users on the Hive blockchain and these posts have not only tracked our progress in flippening Hive rewards (in terms of value earned per month by top authors) but it has validated this idea that the second layer provides feritle ground for better rewards distribution, targeted curation and more relevant content creation.
Last Month, LEO reward dominance showed the top 25 authors had an average of 66.71% of their total monthly rewards (in USD terms) coming from LEO and 33.29% coming from Hive.
This Month, LEO reward dominance showed the top 30 authors had an average of 72.12% of their total monthly rewards (in USD terms) coming from LEO and 27.88% coming from Hive.
| Rank | Author | Total $ | LEO Dominance % |
|---|---|---|---|
| 1 | @celi130 | $266 | 89.90% |
| 2 | @lbi-token | $571 | 89.20% |
| 3 | @forexbrokr | $210 | 88.07% |
| 4 | @coyotelation | $251 | 87.28% |
| 5 | @gualteramarelo | $193 | 86.12% |
| 6 | @rollandthomas | $1,034 | 85.39% |
| 7 | @cflclosers | $329 | 83.43% |
| 8 | @behiver | $456 | 83.34% |
| 9 | @r1s2g3 | $302 | 83.14% |
| 10 | @shortsegments | $386 | 81.86% |
| 11 | @trumpman | $660 | 81.07% |
| 12 | @spinvest | $303 | 79.45% |
| 13 | @scaredycatguide | $579 | 78.07% |
| 14 | @whatageek | $330 | 77.51% |
| 15 | @hitmeasap | $357 | 76.59% |
| 16 | @acesontop | $556 | 74.56% |
| 17 | @nealmcspadden | $252 | 72.28% |
| 18 | @katerinaramm | $252 | 70.30% |
| 19 | @dalz | $659 | 69.85% |
| 20 | @edicted | $1,218 | 66.67% |
| 21 | @filotasriza3 | $355 | 66.57% |
| 22 | @jondoe | $497 | 65.18% |
| 23 | @jrcornel | $1,263 | 65.07% |
| 24 | @khaleelkazi | $805 | 63.82% |
| 25 | @chekohler | $430 | 62.64% |
| 26 | @taskmaster4450 | $2,025 | 56.80% |
| 27 | @josediccus | $386 | 52.42% |
| 28 | @cryptoandcoffee | $420 | 50.57% |
| 29 | @themarkymark | $448 | 40.24% |
| 30 | @tarazkp | $914 | 36.10% |
Updates, Whitepaper, Atomic Swaps and Airdrops
The amount of updates (and yes, announcements of announcements) are piling up. It's been hard to organize the exact order to release the updates in but I've mentioned in a few places that we ended up deciding to release a massive whitepaper containing our current projects, future announcements and roadmap. Along with that whitepaper, we'll follow it up with smaller update posts for each development as they roll out (similar to our normal update schedule).
With the expanded number of devs working on LeoFinance projects simultaneously, a lot of updates are going to drop in rapid succession.
The rough order looks like the following:
- Lightning DB
- Whitepaper
- Sidechain Testnet
- Project ___
- Airdrop #1 (project ___)
- Airdrop #2 (governance token)
This has been your regularly scheduled announcement of future announcements. More announcements will be announced this coming week.
LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
| Track Hive Data | New Interface! | About Us |
|---|---|---|
| Hivestats | LeoFinance Beta | Learn More |
 |  |  |
| Trade Hive Tokens | Wrapped LEO | Hive Witness |
|---|---|---|
| LeoDex | wLEO On Uniswap | Vote |
 |  |  |
Posted Using LeoFinance Beta
I need to start LEOing.
You should try it.
Come here, get a taste of what you're missing ;)
Posted Using LeoFinance Beta
Yes please
Posted Using LeoFinance Beta
Yes, or stay a pleb for life.
Posted Using LeoFinance Beta
Yeah, come on to the darkside. All those years of steem and then hibe, LEO has been my most enjoyable experience thus far. Then again, I'm biased being a crypto/finance blogger ;-)
Posted Using LeoFinance Beta
I appreciate leo so much and i am earning more on here than hive but i still love both the rewards. I feel kind of dumb because i sold my 100 leo last year. But now i will keep it and try to grow again. I will post most of my things on twitter as well.
Posted Using LeoFinance Beta
People should always earn more from the communities than Hive. Over time, the community should build value and, since it is less people, one can stand out more.
Posted Using LeoFinance Beta
There is still a lot of space for everyone to grow up in LEO. Do not regret the past, focus on the future and I am sure you will achieve your goals.
Posted Using LeoFinance Beta
Looking good, honestly one thing that always draws my attention is a infographic roadmap to see where we are what's been accomplished so far and what the goals are for the near and far future. Of course without giving away any secrets ;)
Posted Using LeoFinance Beta
The road map appears to keep changing (in a good way). New priorities keep popping up.
Posted Using LeoFinance Beta
When is LeoFi coming to Leofinance? That's the hype. Given Khal's love towards $Rune don't be surprised when we will have the ability to LP $leo and $rune to earn $leo on Leo sidechain :) Dream big @khaleelkazi will make it happen.
Congrats to the top 30 most awarded authors. When is me, I on the list? :|
Posted Using LeoFinance Beta
At a minimum we will see a liquidity pool on that chain, that was already stated.
No idea what else will be integrated.
Posted Using LeoFinance Beta
Interesting. Lots of info for consideration.
Posted Using LeoFinance Beta
Can't wait for more announcements announcing announcements of announcements.
2021 is looking to be an amazing year for all of us!
Posted Using LeoFinance Beta
The year 2021 really started very well for LEO / wLEO and now that we are in the second week of January. The future will be incredible indeed.
Posted Using LeoFinance Beta
It's great to see that a wider distribution is always front of mind. All stakeholders in LEO have a responsibility to help with this distribution during their curation and engagement efforts.
I'm happy that the stake I've built continues to help with the wider distribution of new tokens. All I want to see is you take the time to engage (I reply to and reward all comments on my blogs), or put in some consistent effort to talk about actual finance/trading topics rather than just the LeoFinance platform itself.
Keep up the great work everyone, this little rally is only just the beginning!
Posted Using LeoFinance Beta
Happy to see my name in that top 30 chart and happier to notice I've climbed one level on the chart. A big THANK YOU to all of the ones supporting my content and for the Leofinance team making this community what it is.
Seeing this progress I'm confident to say that I'm closer and closer to my long term goal of making a living out of this passion of a content creator and you can't imagine the excitement I get by only fantasizing on that. It's amazing how much LEO has appreciated in dollar and HIVE valuation and how well it holds.
It's also exciting to read about future new goodies coming to Leofinance, the microblogging app and the DB lightning being the two most expected new things by me. All of this will reverberate for sure and Leofinance won't be flying under the radar for too long.
I still remember when Ned was invited to some TV show in 2018 and talked about Steem. Now it's Khal(@khaleelkazi) time and he's definitely gonna do better. The roadmap of Leofinance seems so clean and clear that it is basically impossible to not get excited about this project.
$10 LEO you say?... Peanuts money. Great to be part of this community, highly rewarding and fulfilling and it seems that everything is getting better and better. What ever you name it...they seem to be having in the works already.
Great job Leofinance team!
Posted Using LeoFinance Beta
Congratulations man on your hardwork and engagement of the LeoFinance community. Keep doing great!
Posted Using LeoFinance Beta
Thank you very much.
Posted Using LeoFinance Beta
does this mean that leo will deviate from the hive blockchain?
Posted Using LeoFinance Beta
No it is a side chain similar to Hive-Engine except decentralized.
Posted Using LeoFinance Beta
I am a new user, I have only a week and I have already seen the changes in the rewards, I am very happy to be here
Posted Using LeoFinance Beta
Leo is a platform where engagement leads to success.
Glad you are finding it to your liking.
Posted Using LeoFinance Beta
Stay with us as I am sure you will see better results in the future.
Posted Using LeoFinance Beta
Wow a governance token in LEO?, that changes everything. What will be the role of this token?, as there isn't a DAO for Leo, nor witnesses I can't imagine how this will work.
yet ;)
Posted Using LeoFinance Beta
Is that considered an announcement? ;)
Posted Using LeoFinance Beta
...of an announcement!
Posted Using LeoFinance Beta
I’m blessed to see LEO growing
Posted Using LeoFinance Beta
You are a partial factor. If you would comment more, you would be a bigger factor. 😁😁
Posted Using LeoFinance Beta
Yes. I'm increasing my engagement game with LEO
Posted Using LeoFinance Beta
Wow, this is really really impressive... @leofinance is doing something very few blockchain projects seem to have managed to: Have lots of exciting plans and promises (common) and then ACTUALLY FOLLOWING THROUGH! (super rare!) in spades... while keeping the community informed and engaged.
That is a great example to set, not only for other Hive-based communities, but for the greater cryptosphere!
No, I'm not shilling (well, maybe a little...), I'm just sick to death of the eternal "we're gonna do THIS and THAT and THE OTHER and CONQUER THE WORLD!" and then pretty much nothing happens.
Well done to everyone working on this project!
=^..^=
Posted Using LeoFinance Beta
How happy I am to be at number 21 in the Top 30 LEO Author Reward Leaderboard. I did not come to believe that you would be among these great authors….
Be in first place be in the top 30 LEO authors ranked by domain rewards.
Posted Using LeoFinance Beta
Congrats to all in the top30!
This looks so lit! Can you get into more details? I would be happy to read a 25k words post describing the 6 points :)
Posted Using LeoFinance Beta
I'm mostly excited about the Lightning DB and project_____. I guess it's because that's what I am able to technically understand and use in real life.
Posted Using LeoFinance Beta
Haha. Same here. I just want to use Leofinance like any other website. The microblogging should be good. I'm expecting the microblogs to be short posts but to me the comments are the actual "content" of any social site. It's just not obvious because people do it without thinking about it.
Posted Using LeoFinance Beta
Yes they're designed to ignite engagement.
Posted Using LeoFinance Beta
There are great writers of financial content! I want to learn more, I love it.
Posted Using LeoFinance Beta
Awesome update, and awesome stats.
Leo to the moon! 🤑😁
Posted Using LeoFinance Beta
now i know where all my voting power gets burned LOL
it's most of that list plus a couple splinterlands posters and a couple artists - maybe a dev or two
Posted Using LeoFinance Beta
This is my best part of the post, you guys(entire Leo team) are just awesome, y'all make me so proud of being a part of this community every damn time, I appreciate all the effort, thought and time that goes into this project. You guys rock, leofinance rocks!
Posted Using LeoFinance Beta
Wow this is impressive. I was amazed when I saw how much my small LEO balance is worth. I will give this a closer look, great work @leofinance !
Can't really catch up with all the developments but this keeps looking like his super healthy and aggressive coordinated planned execution... Sometimes I even think you guys are robots! How can you all do this stuff look so smooth?
Posted Using LeoFinance Beta
I'm very anxious about it and at the very same time quite excited about it. I am afraid it deprecate the prices of my holdings (the released/airdropped price won't reach the same prices and Leo rates will drop to sh..)..
Are you dropping the whole Leo token or it will be still used as pegged/wrapped to this new one?
The LEO token isnt being dropped, there is a new token being airdropped (we dont have any details on it yet). The airdrop is based upon the Leopower/miners/wleo held.
What this is referring to is the LEO token moving from Hive Engine to a new sidechain that Leo is setting up on Hive.
Posted Using LeoFinance Beta
Thanks for the clarification, time will tell.
Too little details to properly discuss or plan at this point.
Oh, so they're doing it sort of like Hive Engine by utilizing the Hive blockchain still. Nice. I thought it was going to be a totally separate blockchain and was a little worried for Hive.
Posted Using LeoFinance Beta
Good too see many names with small stakes :) It's the rise of the plebs!
Posted Using LeoFinance Beta
Pleb life
Posted Using LeoFinance Beta
🤣
Posted Using LeoFinance Beta
I hope to bé part of the next list. And it shows that Leo rewards you for your quality.
Posted Using LeoFinance Beta
Yep...:)
Posted Using LeoFinance Beta
great! lots of good news that will surely have a positive impact on Leofinance and on the value of LEO.
I share the idea of the release first of the WP and then of the projects and airdrops so that I can follow the evolution step by step.
How soon do you think the WP will be ready?
Posted Using LeoFinance Beta
Beautiful, it's good to see the top 30 Leo earners so far, going forward 0.50$ has been pretty decent for the price of Leo and since the is currently the ATH I believe we'd see even better prices. The run from 0.22$ was massive my goodness $3m marketcap is amazing, imagine the Leo market cap in about 5 years time. All in all, I'm hoping to buy more, stake more and see how it goes.
Posted Using LeoFinance Beta
$100 million within 5 years.
Take that one to the bank...or perhaps to your wallet.
Posted Using LeoFinance Beta
$100 million is obtainable and I don't doubt one bit, hopefully we'd be all here. Hahaha I'd probably take it to my wallet pun intended.
Posted Using LeoFinance Beta
Congrats on making the list. I wish to learn from you. If you dont mind, can I get your WhatsApp phone number
Posted Using LeoFinance Beta
Happy to see my name in the top 30 but honestly was not expecting this. The community is special as they support everyone. Engaging is the key and visiting as many great posts as possible.
Posted Using LeoFinance Beta
I’m loving the rewards posting from the leofinance platform right now! I actually get some good engagement there too. Really good community there.
That is something that we have been pushing. We can always take it up another level.
Posted Using LeoFinance Beta
Here we make it happen. I have never seen the high level of engagement and interaction that exists in the LEO community.
Posted Using LeoFinance Beta
Awesome stuff! This is really exciting. I am kind of interested in the whole node thing. I am probably going to reach out in Discord to find out some more information about that. Congrats to the top authors. That is a great accomplishment.
Posted Using LeoFinance Beta
Follow @disregardfiat's posts.
That will give you an outline of what is likely being looked at.
Posted Using LeoFinance Beta
Okay thanks, I am pretty sure I already do. I appreciate it.
It is beneficial to go through the posts he put up in the last few weeks. He really goes into things including a couple videos that might be helpfull
Posted Using LeoFinance Beta
The lighten DB is the biggest improvement so far. I feel every new update becomes superior to the former.
I can't wait to break into the top author ranks. It won't be easy but I am protecting in the next five months. As I am already turning leofinance as my full time job.
Congrays to @rollandthomas. While @taskmaster4450 energy can't be rivaled by anyone on this platform. Constantly getting dishing out over three post which are knowledge and informative packed its awesome.
I hope to be half as good as this in the next six months, then hopefully become better
Posted Using LeoFinance Beta
It really hasnt been rolled out yet. I guess it is still in testing phase.
Posted Using LeoFinance Beta
Congrats @taskmaster4450 !
Lead well deserved by high quality content. :-)
Posted Using LeoFinance Beta
True. This man is not human I tell you, that's why he always wears sun glasses.
Posted Using LeoFinance Beta
Like Roddy Piper.
Posted Using LeoFinance Beta
@leofinance, Sounds like Ascension for Leo Finance Planet.
Good wishes from my side and stay blessed team.
I see the bright future on $LEO token, its possible to continue break new ath. Excellent update from the teams keep it up LEONS!
Posted Using LeoFinance Beta
Congratulation to everybody on the ranking and the @leofinance team, well deserved.
I hope to make it to the top one day.
Posted Using LeoFinance Beta
You guys have got it going on that is for sure. I have loved watching my Christmas gift to myself (1000 LEO) double in value the last few days. Keep up the good work.
Posted Using LeoFinance Beta
What I am enjoying most about LEO are the continual fast passed updates. It seems unstoppable.
Posted Using LeoFinance Beta
Amazing results and impressive gains from blogging on this fantastic financial and cryptocurrency community. I think 2020 was the year to put the grounds for what is to come in 2021 and while Leo Finance did some experimenting I think it found the way to the future. It brings value from the blogging done here and also additional DeFi instruments. The right domain for the right community!
Posted Using LeoFinance Beta
You did it!
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Kind of...a partial one at least.
Posted Using LeoFinance Beta
lol, I'll take it, better than nutton!
Posted Using LeoFinance Beta
Quite impressive! Good job you all!
Is there also a complete list?
Posted Using LeoFinance Beta
The fact that leo hit Ferrari f fiddy status and we’re not having a meme competition for it should be a crime in itself
You're right.
Posted Using LeoFinance Beta
Announced Announcements Announcing Upcoming Announcements Of Announcements......laaaavleeee
Posted Using LeoFinance Beta
These are some sick stats! It'll be like a machine gun of developments and updates in Q1 and looking forward to the leasing platform as well as this new chain cross thing you're working on - sounds exciting!
Posted Using LeoFinance Beta
I was waiting for this report and I am very happy to see that the numbers are always growing and I think it is very cool that we now have 30 authors on the list. This will motivate even more people to enter and the competition will be even more fun and exciting.
I wish LeoFinance every success in the world and look forward to seeing the next projects in development.
Posted Using LeoFinance Beta
I know I can't see my name there yet but I also know that very soon I will is a short term goal that I will set.
Posted Using LeoFinance Beta
It is amazing to see how much LEO has been delivered to the authors in a single month. This makes me even more excited to share my knowledge and publications on this platform so that in the future I can see my name on these lists.
Posted Using LeoFinance Beta