Proposal Wars - Not All Embrace Progress | +LPUD

Proposal Wars - Not All Embrace Progress | +LPUD

By Brando_28 | Greener Candles | 15 Aug 2023


Just recently I learned about a return proposal made against Leo Finance DHF Proposal to Grow the Hive Ecosystem With Everything App & One-Click Onboarding. In my opinion, this is clearly made by someone feeling disappointed in Leo and has now made it his life mission to try to turn down Leo proposal. The user argues against Leo's proposal in this post and if you decide to read it, I'd suggest reading A Response To Azircon post made by @anomadsoul calmly correcting those misbeliefs and false statements.

I can understand the frustration toward projects, I've felt that many times with many different projects but it's more than interesting to see someone taking it to the distance this way for reasons that are obviously personal. Then again, behaviour as such can be seen for example, in politics all across the globe, all the time - "If I'm not going forward, neither should anyone else".

When the next bull run starts, the competition for new users is going the get fierce between different crypto platforms. Currently, I can't see that many(if any) Hive projects reaching out to users beyond our blockchain. Those of us who have been with Leo Finance for a while know that the Leo team has really put up an effort.


 

Hive & Leo

 

Progress always has its opponents. There's always someone wanting to hit the brakes when something new is developed. It must feel really cosy and warm in a state of status quo but I don't think Hive as a chain has that luxury as other blogging platforms are popping up like mushrooms in the rain.

An interesting argument I also read was stating that the people holding LEO have a negative or even hostile, attitude towards Hive. This is of course just nonsense as HIVE and LEO have a symbiotic relationship - Leo is built on Hive for goodness sake.

As long as I've been on Leo I have never read anyone talking shit about Hive, on the contrary, there have only been discussions on how to make Hive stronger, how to get new people onboard, how you should stake Hive, etc.


 

LEO Price Drop

 

Not long I was witnessing some LEO token sell-offs on Hive-Engine. There were probably one or two users getting rid of their LEO at a price which offered some great opportunities for us who put in limit buy orders. My guess is these users were probably scared by the return proposal and all the FUD created by it and the entities behind it.


 

LEO Price And Opportunities

 

In times like such when the LEO price has dropped because of the dumping I've seen worried threads yelling "What is happening to the LEO price??" I understand that it might look scary as the total value of your holdings decreases momentarily but it's nothing to be concerned about. It's natural. It's just LEO moving from weak hands into diamond hands at a discount. This is healthy and will eventually strengthen LEO as it moves to the hands of those who believe in the platform. They(us) will then use the staked Leo power to curate good content earning users more LEO tokens.


 

Leo Power Up Day

 

Staking, or powering up LEO, gives us influence on the platform - staked-based curation and curation rewards for voting articles and threads for example.

On this #lpud, my power-up was 320 LEO increasing my total stake to 2,688.492 LEO. Next month I need to stake about the same amount to reach my short-term goal of 3k Leo power. This will get me closer to becoming a Cub which means 5k LEO staked. This goal I plan to achieve before the end of the year.


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320 is a round enough number. I decided to leave 8 LEO as liquid which is about the amount of the #footballquiz prize. This way it's easier for me to keep up with the pool as grows. To find out more about our daily #football quiz happening on LeoFinance Threads, check out this post with all the rules and info!


 

Conclusion

 

I have to apologise if I was too harsh but in the end, it just reflects the passion I feel for certain projects. I believe Leo is heading in the right direction with rebranding, gamification, and plans to attract new users to both Hive and Leo. I can see it being a gateway for new users to the whole Hive ecosystem.

I'm currently stacking both HIVE and LEO as I not only believe in the future of both platforms but also believe both assets are highly undervalued. A full-blown bull market, which will eventually come, will be sending FOMO people into the crypto space and creating massive demand and opportunities for many.

Summer is usually a time when the market keeps flatlining and this one hasn't been an exception. Times like these, as well as bear market conditions, are great for building and that is exactly what the Leo team has been doing.

When the candles begin to get greener and grow longer, those who have a smooth, engaging platform with many cool features will surely be ridíng on that rocket to the moon.

Thank you for reading!



- Thumbnail image made with Canva
- Join me in the Army of Crypto and compete for great prizes in Zealy Quest and check out their Discord!

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Brando_28
Brando_28

GameFi, DeFi & Trading.


Greener Candles
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