This week in the Liotes News:
A project run by @ph1102 and @achim03
▶️ 3Speak
At the moment there are 67.5 LEN tokens in the prize pot for the Liotes Power Challenge.
There are many ways to support the project and I think it's great to see. I have been buying some LENM every month but I tend to just throw in a buy order lower than the sell price. So I am not sure if that is helping the project itself though but it does let people who bought in get out at a better price I guess.
Putting buy orders is a good thing actually. It creates a market and people can trade in a better way.
Thanks for the update and it is great that there are many ways to support the project and that in turn builds and strengthens the community, through powering up Hive and growing returns. 😀
Supporting the project is synonim to support all the token holders. It's a kind of win-win :-)
Thank you for the explanation Achim, hope to buy more LENM when I have more hive on my end, or swap my LEN token to LENM, : )
lets grow together
Liotes has been one of the lasting projects on this platform. It deserves the support. :)
This is one of the mission that sets standard and despite your other engagements, you guys are consistently making this mission a level up. Good job.
Indeed, after 3 years of existence, we hope it will last many more years!
Thanks for checking out the post!
This edition is very informative. Achim, you explained all the ways to get profits inside the project in an understandable and easy manner. I love Liotes project because if you win we all win and I share your slow but consistent progress philosophy. ❤️🤗
if you win we all win
That's what we wanted to build from the very beginning. If we all win in the process there doesn't need to be a looser and I like that about our project :-)
Those are not dividends... LENM is a miner token, when you STAKE it, it will occasionally "mine" LEN tokens that you will receive in your wallet...
As it is a "lottery system" (as on every other HiveEngine miner token), if you have a bigger stake, you have a bigger chance to mine LEN tokens...
Those 18.65% is the approximate APR, dividing the total daily mined LEN tokens, by the value of staked LENM tokens... Which mean, in a long run, you will get there even if you stake a small amount of tokens
Understood it. I didn't know about how it worked, thanks for the explanation :D
Thanks for the update.
I have delegated hive to liotes. I don't have much liotes mills, but plan to increase slowly.
It's good to see the project growing and everyone is benefiting from it.
It's good to see the project growing and everyone is benefiting from it.
That was our objective from day one and it seems to be working quite well :-)
