LEO&HODL Contest - Focus: LEO BuyBack & Burn 🔥

Every week, the LEO&HODL contest chooses a LEO product (e.g., LeoDEX, LeoBridge, LPUD, etc.), and the contestants write their amazing posts and do the tasks to be eligible for 175 LEO prizes in addition to hodlcommunity support 🔥

We are glad to see the interest in LEO&HODL Contest and the positive effects of our posts and LeoThreads in LeoVerse. As you asked for a longer time for our weekly contests, we initiate it from the first days of the week.

It is easy to get rewarded with the contest.

• Write a post about the contest,
• Post LeoThreads (blockchain-based Twitter),
• Do the tasks.

You can start experiencing Web3 in its latest form 😉

LeoFinance ecosystem has its own forms of nearly everything. We have talked about Daily LEO, Leo.Voter, HiveStats, Crew3 Quests, Alpha LEO and Multi-Token Bridge in detail. It is time to rank them up!

LEO Tokens distributed from Bounty are over. In the current mechanism, the delegations to @leo.voter require the bot to buy LEO from the open market to distribute daily!

Now that LEO tokens are burning, LEO&HODL Contest will raise awareness of the mechanisms that burn LEO!

The Weekly Focus (till May 14) -> LEO Buy-Back & BURN 🔥

Our responsibility is to provide quality feedback on the LEO products to improve them. Also, we are constantly onboarding new Lions who may not be competent enough for blockchain-based operations. So, let's try to make everything crystal clear and raise awareness for all Lions.

The questions to be answered:

• What are the ways that burn and Buy-Back LEO (promotions, Leo.voter etc.)?
• Why should LEO tokens be burned or bought-back?
• How many tokens will be burned daily/monthly and why?
• What are the benefits of LEO Burn to LeoVerse?

Also, you can talk about the following:

• Share your suggestions for the current burning mechanism
• Discuss the positive and negative sides of this system
• Compare the buy-back-burn mechanism with a similar system

The Tasks of Projects explored on LeoFinance

Here is the complete list of tasks. You are supposed to address all of them to be eligible for the 175 LEO prize.

• Join the Discord of LeoFinance (Leo Discord) & HODL Community (HODL Discord).
• Submit your entry on HODL Discord Channel -> leo-hodl-contest-submission
• Create LeoThreads (at least 5 LeoThreads and do not forget to share the link in your submission) and explain the reasons why you use this Leo Product / the benefits of them etc.
• Use hashtags #hodlcontest #leocontest #contest to be eligible.
• Use at least 3 leoglossary links (Leo Glossary by TaskMaster) in your post.
• The title of your post needs to have "LEO&HODL Contest" (e.g., September LPUD and LEO&HODL Contest)
• New Lions Needed!: Invite 3 friends of yours by tagging in your post (e.g., hey @vlemon, you should join the contest)
• Follow the Curation Trail of HodlCommunity
• Share your post on Twitter, Facebook, or any other Web2 social media platforms

Note: You can have a maximum of 2 entries per week.

Time for Feedback!

We would like to enrich our ecosystem with a sustainable event that will encourage people to explore the LeoFinance ecosystem. For that purpose, we are initiating several contests that are based on LeoVerse.

What else can be done to reach more people and make these events more fruitful? Share with us 😉

Final Notes: Example Submission

When your content is ready, you will submit the link on the HODL Discord channel named leo-hodl-contest-submission. The entries will be reviewed until Saturdays and the winners will be declared on the Hodl Community Leo post.

You can check an example submission.
A total of 175 LEO will be shared among the Top 3. ( 100 / 50 / 25).
Each proper submission will be rewarded via upvotes.
Guidelines and visuals are very well appreciated.

Check available LEO Tasks by @leo.tasks

Check out LeoFinance Main Account and Khal's posts!

Follow the updates on the LeoFinance ecosystem on @leogrowth account!

We kindly ask you to check Leo Products + CUB projects on @leofinance and get 90% daily liquid payment for your HIVE and LEO for your delegations to @hodlcommunity.

Hive on ✌🏼

Posted Using LeoFinance Alpha