How to get LEO coin? One article explains all the ways to get LEO coin

On the LEOFinance platform, content creators and curators can earn LEO coins as rewards for creating and supporting high-quality posts and comments.

Oct 06, 2024 at 04:17 am

How to Obtain LEO Coin: A Comprehensive Guide

LEO coin is the native cryptocurrency of the LEOFinance platform, a blockchain-based social media and content creation platform. Here are the various methods to acquire LEO coins:

1. Content Creation and Rewards:

On LEOFinance, content creators earn rewards in LEO coins for creating high-quality posts, comments, and other contributions to the community. The rewards are distributed based on engagement and curation value.

2. Curation Rewards:

Users who upvote and support content on LEOFinance receive LEO coins as curation rewards. The rewards are proportional to the stake (LP token) the user holds and the value of the content they curate.

3. Staking:

LEO coins can be staked on the LEOFinance platform to earn a percentage return. Staking involves locking up LEO coins for a specified period to support the platform's operations. The rewards are paid out in LEO coins.

4. LP Farming:

Users can provide liquidity to the LEO-HIVE liquidity pool on the Hive blockchain to earn rewards in LEO coins. By providing liquidity, users help facilitate the exchange of LEO and HIVE tokens, and in return, they receive a portion of the trading fees generated from the pool.

5. LEO Market Purchases:

LEO coins can be purchased on various cryptocurrency exchanges, such as Binance, MEXC Global, and Huobi. Users can exchange other cryptocurrencies or fiat currencies for LEO coins.

6. Airdrops and Promotions:

LEOFinance may conduct airdrops or promotions from time to time to distribute LEO coins to users. These events can be announced on the platform's official channels.

7. LEO Power Ups:

By converting LEO coins to LEO Power, users gain increased voting power on the platform and receive a higher share of curation rewards. The LEO Power can be powered down over time to unlock the LEO coins again.

8. Delegated Power:

Users can delegate their LEO Power to other users who contribute valuable content or engage actively on the platform. This allows the delegates to have increased voting power and earn additional rewards.

9. HBD Savings Interest:

Users who deposit Hive-backed dollar (HBD) into the savings account on LEOFinance may earn daily interest payments in LEO coins. The interest rate is variable based on the amount of HBD deposited and the duration the deposit is held.

10. Play2Earn Games:

LEOFinance has integrated with several play2earn games, such as LeoDex and Skyward Finance. By playing these games and completing challenges, users can earn LEO coins as rewards.