Hello readers,

It’s a clear fact among us hive users and beyond that LeoFinance has successfully established itself as a pioneer in this rising world of decentralized social media platforms, especially after the launch of its futuristic cutting-edge Web3 frontend that is built upon the Hive blockchain. Looking at present times, The platform's core features not only are the long-form blogging anymore but also the recent introduction of LeoThreads, a brand new platform for micro-content creation on hive blockchain. Here, Authors and content creators possess the freedom to publish censor-free contents without any control over them and also a chance to monetize their contributions through both long-form blogs or small-sized posts and also through active engagement via voting and commenting on other’s content. While LeoFinance initially used to resolve its focus on finance, investments, and cryptocurrency-related niches, nowadays with the launch of their new platform UI and LeoThreads, the team has approached a shift toward a more versatile and generic user base for all types of content in its micro-content platform. This bold move has been welcomed happily by many users and by projecting the microblogging era to the forefront of this platform, the project got highly appreciated not only by the existing cast number of users in the hive chain but also beyond and also became successful to onboard new users by their unmatched products. But besides their social media platform, Leofinance as a company has also released a good number of other projects and utilities for its users and today, I am going to talk about a few of them that I used in my day-to-day life.

leofinance.io - The web3 social media Platform

The LeoFinance team is on a wise mission to become an inclusive social media platform for all and leaving no stone unturned with their efforts to expand the currently active user count to the next level. Recently, they have constructed a seamless user onboarding process to the Hive blockchain called LeoInfra. This smooth one-click approach leverages traditional Web 2.0 sign-up methods, including options such as using the users’ existing Twitter or email for the creation of new Hive lite accounts. These accounts eliminate the need to learn or secure any keys at the first stage when making a brand new hive account and as time goes on and the user learns about crypto wallets, different types of keys and their importance, and the security protocols, they are given the full access and is provided with their account keys and full ownership. This process will certainly make it easy and simple for web2 users to first interact and learn about web3 without taking the responsibility of keys at the first stage which makes the interaction less complex.

Leofinance website Link

sign-up page

Account

In the present practical world, it is indeed helping the new onboarded users and also on the other hand helping the Leo platform to gain more popularity over time. On the other hand, with their newly launched user interface that is filled with new utilities and a smoother experience, Leo Finance's frontend UI has been able to catch more eyes within the broader Hive ecosystem. While other existing Hive chain platforms like peakd.com and ecency.com attract a significant user base, LeoFinance also holds its fan base and has been increasing its rankings in terms of active monthly users. The platform's resilience, even with the long ongoing bear market is proof of its commitment to delivering genuine value to its community. With the recent introduction of LeoThreads, there is quite a buzz going on that Leo Finance might ascend to the ranks of the top three shortly.

Leodex - a better DEX on the hive chain

As I told above, The Leo team's contributions extend beyond the social media realm as another product that is also loved by the hive community is the LeoDex, a decentralized exchange made for and within the Hive blockchain. This innovative and eye-catchy exchange serves as an alternative to Hive-Engine and is offering its users all the basic abilities like trading Layer 2 tokens and assets while also performing Hive to Swap. Hive swaps and vice-versa, but not limited to that, it also provides some extra utilities and functionalities.

Leodex Website

Leodex tokens tab

LeoDex is smoothly furnished with a range of features, each made to the trader’s needs and experiences. The Tokens tab presents an organized and better view of Hive Engine tokens, while also providing vital metrics such as market cap, price, 24-hour percentage change,m, and trading volume. It's possible here to sort tokens using these parameters with additional utility and accessibility provided through those yellow buttons displayed with each token, leading users to dedicated information pages.

The Wallet tab offers real-time insights into users' account balances, showing both liquid and staked Layer 2 tokens. Estimated values are also provided in form of USD, hive and Leo, enhancing the usability for it’s users. Operations that we use often like token transfers, accessing token markets, staking and unstacking, delegating and undelegating, as well as exploring token histories and rich lists are all seamlessly facilitated and very easy to use in this dex.

The Rewards tab is equally impressive by providing owners with detailed information about staked tokens, pending rewards, and voting power. Please note that this tab also empowers users to set voting multipliers for their Layer 2 tokens, a strategic move that helps users with engagement and curation within various communities. This feature becomes very valuable when maintaining Hive Power levels while utilizing layer 2 token voting powers and maximizing the impact of layer 2 token curation.

Hivestats

Leofinance further enhances user experience with HiveStats, a dedicated hive account tracking and analysis tool built on the Hive blockchain that helps users to view and analyze their own and also other hive accounts. This tool offers a holistic view of wallet holdings, earning histories, Layer 2 assets (Hive-Engine), total and current voting power (mana), and vote value. Users gain insights into author and curation rewards, user reputation, delegations (incoming and outgoing), power-downs, Resource Credits, post statistics (including comments and replies), followers, following, curation APR as well as pending rewards across Layer 1 and Layer 2. Wow, that’s a lot to grasp at once right? The tool's effectiveness is further enhanced by graphical charts that deliver more information in an easily digestible format.

HiveStats Website

In summary, LeoFinance stands out for its three amazing products and I guess many of you are already using these on a daily life basis. Let me know if you use Leodex or still sticking the hive-engine in the comments below and I will be seeing you all in my next post.