Leo Finance is one of many dapps built on top of the Hive blockchain.
When Leo does well, Hive does well. If Leo goes mainstream, that means Hive has or will go mainstream. The price of $hive affects directly the price of $leo and vice versa - maybe more in the former scenario, but also in the latter.
The truth is, Leo Finance is part of a bigger ecosystem and we understand that, which is exactly the reason why we understand that dapp synergy and support between the projects built on top of the hive blockchain is key if we want the Hive blockchain to thrive and have the token price, volume and amount of users it deserves.
Hive is only as strong as the dapps built on top of the blockchain.
Openly supporting the latest SPK proposal
As we mentioned above, if one dapp goes mainstream or gets massively adopted, it helps the hive ecosystem as a whole, but it also helps the other dapps regarding token price and potential amount of users.
Decentralized Hive Fund proposalA few days ago, @spknetwork spearheaded by @theycallmedan and @starkerz announced their most recent and @leofinance spearheaded by @khaleelkazi will openly support it.
If you want to do the same, click here to support the proposal.
Esentially, @spknetwork will be the full ecosystem of which @threespeak will be an important part.
This proposal is basically going to incentivize the development of great solutions through SPK Network, focusing on:
Service Infrastrucure Nodes, Off-Chain Account Management, Breakaway Communities / SPK Hubs, to achieve the following objectives:
- Incentivized Peer to Peer content infrastructure provision system including Content Delivery, Encoding, and Storage.
- Validator, CDN, Storage and Local Encoding Nodes.
- Create a protocol to register and log in with Metamask.
- Link different blockchain accounts (ETH, POLY, BSC, BTC, HIVE) to your off-chain pottery account.
- Build independent digital communities/network states without having many resources to start.
- Anti-robot system.
- Create a metaverse of multiple governance systems (DPoS, PoS, PoW, Fractal).
That's the main part, but this proposal will also serve to give continuity to a system that will generate several opportunities, such as:
- Proposal bidding platform.
- SPK Network proposal system.
- 3Speak.tv will be refactored from the ground up to support the SPK Network.
Thanks to @eddiespino and @enrique89 for this info
But wait a second @leogrowth, why are you making this support post?
Easy.
- Dapp synergy.
- If SPK thrives, Hive thrives. If Hive thrives, Leo thrives.
simple as
This doesn't mean LeoFinance is going to openly support every DHF proposal out there, only the ones that are dapp related and that we asses and consider are working towards the benefit of the hive blockchain at a second layer level and the promised outcome is worth the daily budget they ask for.
The Lion pride takes pride on our numbers
So let's show the Hive Blockchain what we can do. Let's get this proposal approved:
The @spknetwork proposal is at 75% the Hive Power needed to get approved, that's 10 Million HivePower... it should be easy for one of the biggest and definitely the most committed community on the Hive Blockchain to make this proposal get approved, shouldn't it?
So, let's rally behind this proposal and prove that the Leo Finance community has a strong influence on these matters!
Let's get that proposal approved
LPUD Badges incoming!
We wanted to make a separate announcement for this, but you know how @leogrowth is not a big fan of posting for the sake of posting, so we are taking this chance to let you Lions know we are getting our own personalized #LPUD badge by @hivebuzz!
approving the proposal here.By the way, the badges are part of a gamification proposal by @arcange, if you aren't voting for this proposal and you like the idea of badges, consider
That's right, you know this little bee badge to the right that Hivers get when they participate in Hive Power Up Day? Well, Leo Finance is getting their own badge for the Leo Power Up Day for every Lion who joins LPUD and fills in the (very few) event requirements.
In case you have no idea what Leo Power Up Day is...
The Leo Power Up Day or LPUD, happens on the 15th of every month, and it is basically a date where all the Hivers who are hardcore Lions (Leo Finance believers) coordinate to power up Leo tokens.
In just three months we have Powered more than SEVEN HUNDRED THOUSAND Leo tokens!
That is an incredible amount considering the are less than 13 Million Leo tokens in existence, and we did it in less than three months.
I guess that's one of the reasons why despite the long lasting bear markets haven't really affected the price of the token as much as it has to 95% of the market. The Leo token is looking juicy, and these badges make it even more attractive.
But what good are these badges
Oh, it's not only the fact that this Badge will be engraved on the blockchain and it will last forever so every Lion can look back and show how they were part of the $leo awakening back in the day, we also have something prepared a little bit down the line for these badges.
All I am allowed to say is, every badge holder will eventually be eligible to participate on a huge, gigantic, humongous event, and only those who hold a #LPUD badge will be able to join in.
I'll just leave it at that.
So, you want in?
Be on the lookout for the official LPUD announcement in a few days, where we will specify the requirements for this edition and we will update the prize pool for those who join us.
All the HBD rewards from this post will be used to sponsor community driven contests, so spare a vote!
Posted Using LeoFinance Beta
This really sounds like a good idea which I really appreciate a lot because those badges will really go a long way if an individual owns his ir her own to show their participation in the Lpud.
The badges look amazing, and the support from Leo to SPK network is a big boost for them to reach the goal they need to get funding!
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I agree 100% as a SPK node operator
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I 100% agree as a SPK delegator lol
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synergies are always good!
They are one of the keys to success as a blockchain, dapp synergy!
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I see no reason why the SPK Network proposal won't get supported, I had my vote cast days ago already.
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Hopefully they get to their goal, if they deliver this will definitely help the hive ecosystem!
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Thank you for the guidence. I have accepted the Spk Network proposal. I believe that Spk Network protocol will add enormous value to the Hive ecosystem.
Exactly, if SPK delivers on their promises this is a no brainer, hopefully they reach their goal, they are still a few mill below the bar.
Posted Using LeoFinance Beta
Working together is the key to Hive's success 😍
Apes together strong lol
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lol 😁
I love what you are doing, win for one win for all, let's go and support the SPK proposal, shall we?
Exactly, it is a win/win situation provided they deliver on their promises, which is something the team has been doing for a while now
Posted Using LeoFinance Beta
Oh I love the idea of the badges!!!
I ll also come back with another quicky giveaway probably on Tuesday :)
P.S. Supported the proposal too!
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Nice! Let's see how much we can rally together for these initiatives!
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We keep growing and moving forward. I am imagining double powering up of Leo in this next Leo power up day
Good times ahead, we are glad to count with your support mate!
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!PIZZA
!PGM
!LUV
!BEER
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Community building required general support, if SPK thrive, hive thrive, if hive thrive that is leo thrive. Well articulated.
Posted Using LeoFinance Beta
Exactly, it is a no brainer to support this kind of initiatives when they come from a trustworthy team that often delivers on their promises.
Posted Using LeoFinance Beta
I support this proposal! The badges are cool too!
The badges are kickass, arcange really outdid himself this time!
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Supported ✌🏼
Thanks for informing us mate :)
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Thanks for the support man!
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The rewards earned on this comment will go directly to the people( @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
I think I already gave my tiny support to #spknetwork a few days ago.
Posted Using LeoFinance Beta
Nice, hopefully they reach their goal soon!
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Thanks for the reminder! I wanted to vote for the proposal when they posted it, but it slipped my mind.
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Lol glad you found this post then!
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That's what happens when you don't do something right away, and say let me just finish this first.
Two things team
1- I am happy to support SPKnetwork and I did my part. I am sure that it will be supported by the community.
2- LUPD badge is exiting and I look forward to having it. I have already confirmed my participation in the upcoming.
Thanks for update
Posted Using LeoFinance Beta
See you on the 15th!
Posted Using LeoFinance Beta
It's nice to keep Hive thriving and we do that by supporting projects that actually do something for the benefit of the ecosystem.
The LPUD badges will be really cool! I am in all the way :)
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There is so much happening on hive now, I would be surprised if by the end of the year we are not already inside the top100. Thanks for the LPUD support, let's reach 200k together!
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And that would be amazing. We all want Hive to prosper and of course LEO too. I believe we will reach that number on the 15th. The LPUD badge added to the excitement.
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Is it bad that I wont vote for this because I rather they just start treating it like a business and generate revenue from the platform to bring $ value in and fund their own development?
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This would be completely true and I would agree with it if I wasn't familiar with other DHF and governance systems where a shiton of projects develop an idea from scratch with the treasury funds. I get your point, I just don't see it as a bad thing to fund a project half and half, own funds and treasury funds.
Posted Using LeoFinance Beta
The proposal sounds very good.
As does the badge for LPUD.
Y'all are doing a great job.
!CTP
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We are doing a great job only because we have the Leo community on our side!
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Supported the proposal and also will participate with 1000 LEO on #LPUD
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1k sounds very nice!
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The badge sounds exciting. I enjoy getting badges from hivebuzz for every milestone reached. Seeing that I might be getting Leo-influenced badges for accomplishment in the community is making me feel good.... I can't wait.
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The gamification is amazing I agree, I also like seeing my badges on my profile and see all the colors and the milestones achieved, LPUD will be always on my radar and I will never miss one of these badges.
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The Hivebuzz proposal already got important support from the community. However, it lost its funding a few days ago and only needs a few more HP to get funded again.
May we ask you to support it so our team can continue its work this year?
You can do it on Peakd, ecency, or using HiveSigner.
Your support would be really appreciated.
Thank you!Dear @leogrowth, we need your help!
This really sounds so good and definitely it is making the Leo power up day looking very interesting too
Posted Using LeoFinance Beta