My LEO rewards are constantly decreasing. Take your chance!

in #steemleo5 years ago

It's already known that the LEO token is one of the most successful SE tokens (alongside DEC in my opinion).

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4 days ago collected all my LEO earnings, managed to regroup them... and powered up 500 LEO Power. Delegated it instantly to my curator LEO account @curatorlink.leo.

The funny fact is... I'm not getting more LEO rewards from curation.
I mean, yes; technically I'm getting 'more' rewards as my power increased, but in overall terms I'm noticing a decline in the rewards (from all sources, being curation & mining my preferent choices).

That can only mean 1 thing:

The reward pool is being distributed into more hands. And as more LEO tokens are staked, and given the fact that the rewards pool remains constant, the rewards for everyone are being constantly reduced.

Do you know what's coming next?

Yep, you guessed right.

If the token is more scarce (& consequently more difficult to 'mine' through PoB), and as long as we keep a steady flow of demand, the price can only go up. Making the token even MORE scarce).

The Steemleo community as a whole is still a baby with 3 months at their shoulders, but it's feels great to feel such a rapid development, the fast integration of sinks... and more importantly, the ambition to reach authors & writers outside the Steem Network. This alone is a big step forward I guess.

Excited to see what's coming regarding price action with the next monthly burns. Also excited to expectate the development of SCOT and the upcoming SMT's.

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Steem on!

You can follow me on Twitter

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Add in the fact that the LEO is being burnt at a rapid pace and it means the scarcity will be even greater.

Taking a road of patience here. Take a !BEER



Hey @taskmaster4450le, here is a little bit of BEER for you. Enjoy it!

I noticed at 100% even if I continue to stake more I give less SteemLeo lately!

Hello. Currently there are a lot of curation groups and whales curating amazing content, there's no need to buy votes. The downvote you received is to discourage the buying of votes from bidbots. We kindly invite you to join us on the #NewSteem attitude, where good content receives votes and the organic content get the most attention. Buying votes hurts you, other authors and the Steem Ecosystem in general, please don't do it.

In this case, you bought a vote by sending sports token to @sportsvoter, which is exactly the same as buying votes with Steem. It hurts the Steem ecosystem. Please don't buy votes.

Thank you for the response and lesson learned regarding bidbots. Didn't know that rules also apply to the ones working with SE tokens like @sportsvoter (if we take low value votes).

Regards

Thank you for posting from the https://steemleo.com interface 🦁

Great insight...thanks.

This post earned a total payout of 0.241$ and 0.181$ worth of author reward which was liquified using @likwid. To learn more.

Good insight into coin economics.