I like having LP because it gives you curation power with your Inleo account. With a lot of LEO being moved to Arbitrum and staked, there's going to be less LP over here to divide the curation rewards into. Plus, you can delegate it to lstr.voter and get "bounty" rewards paid to you from them as well.
I also plan on having a large piece as sLEO at some point, but until LeoDex starts doing more in fees, I don't feel the need to move much over there yet. The biggest players (LeoStrategy and the POL) are going to get most of the rewards so until there's more dollars to go around, I would rather keep most of my LEO on this side. Plus, there's the bridging fees that I have no interest in paying while they're up around 10%.
Eventually, I will probably put most of my LEO in sLEO, mostly because of the upcoming ability to take collateralized loans against it. But until that goes live and/or the LeoDex fees start hitting bigger numbers, I feel like there's more benefit on the Inleo side.
You can go into any of the wallets (HE, Tribaldex, your Inleo wallet), click on the Delegate icon, and then delegate an amount to lstr.voter. It does affect your voting power for your own curation votes, so you probably don't want to put it all there, but it helps support LeoStrategy getting more LEO so...I put a pretty big chunk with them. The "bounties" are paid in LEO. They're not huge (I get about 7.5 LEO/day for 125k delegated), but like I said, it helps LS get LEO off the market and I don't have to do anything for it.
Thanks mate, I got it all set up now, plus I switched the bounty to lstr. my first payout today was 0.016 LSTR keen to see how far this project will go.
can you expand on why both
I like having LP because it gives you curation power with your Inleo account. With a lot of LEO being moved to Arbitrum and staked, there's going to be less LP over here to divide the curation rewards into. Plus, you can delegate it to lstr.voter and get "bounty" rewards paid to you from them as well.
I also plan on having a large piece as sLEO at some point, but until LeoDex starts doing more in fees, I don't feel the need to move much over there yet. The biggest players (LeoStrategy and the POL) are going to get most of the rewards so until there's more dollars to go around, I would rather keep most of my LEO on this side. Plus, there's the bridging fees that I have no interest in paying while they're up around 10%.
Eventually, I will probably put most of my LEO in sLEO, mostly because of the upcoming ability to take collateralized loans against it. But until that goes live and/or the LeoDex fees start hitting bigger numbers, I feel like there's more benefit on the Inleo side.
makes sense, how to delegate to lstr.voter? and does that dilute you LP vote? how does the "bounty" rewards get paid out is it in lstr?
You can go into any of the wallets (HE, Tribaldex, your Inleo wallet), click on the Delegate icon, and then delegate an amount to lstr.voter. It does affect your voting power for your own curation votes, so you probably don't want to put it all there, but it helps support LeoStrategy getting more LEO so...I put a pretty big chunk with them. The "bounties" are paid in LEO. They're not huge (I get about 7.5 LEO/day for 125k delegated), but like I said, it helps LS get LEO off the market and I don't have to do anything for it.
Thanks mate, I got it all set up now, plus I switched the bounty to lstr. my first payout today was 0.016 LSTR keen to see how far this project will go.