Buy LEO Leo Weekly Update: Week 3 Report

The "Buy LEO Leo Weekly" initiative is a challenge I started on the first weekend of the year. It's an initiative that is part of my new year resolutions towards achieving the Lion status in the Inleo community by the end of the year. I believe as a community member, one of the ways we can support the community and the Inleo project is to keep buying LEO tokens whenever you can. Moreover, the benefit is all yours, owing to the fact that the more Leo power you have, the more perks you enjoy in the community.

---

---

Before we started the initiative, we shared in a post, why everyone should include buying LEO regularly in their new year resolutions. Growing LP is an important aspect of the inleo community, and you can speed up the process by consistently buying Leo and Powering up as you go. In no time, you can achieve your LP goal.

This initiative is a journey of 52 weeks, and having the motivation to start the journey is a no mean feat. We earn LEO tokens from our engagements and activities in the community, but those Leo tokens rewards are never enough to help you reach your LP goal if you truly want to build a portfolio for yourself in this space.

---

---

The plan for the initiative

My plan is to use 20% of my HBD rewards earned across all my Hive activities for buying LEO tokens every week. However this plan has not worked for me, since I have not been earning any rewards on my long form post since December last year except from Threads. Hence, I am committing 100% HBD rewards to this initiative for now until I start earning from other activities, especially on long form posts.

Each weekend, I will be buying LEO tokens depending on the amount of HBD rewards I earned during the week. If by chance my HBD rewards increase, and I get upvotes on my long form post, then, the original plan of 20% of my earnings for buying LEO will be implemented. For now, I am riding on the wave of whatever I earned for the week, and external fundings.

In our first week on this initiative, I started by buying 47 LEO. Though the amount was small, it was a good number to start the journey.

---

---

Review of last week LEO purchase

Last week, we managed to earn $0.50 in total HBD rewards from all activities. The rewards all came from Thread as none of my long form posts received community curation upvotes last week. However, I purchased 9.569 LEO, added it to the 137.44 LEO and powered them all up on Iast LPUD. All in all, I can say that the week 2's goal was satisfactory. The initiative is not about buying big, but little by little and being consistent about it every week.

---

---

LEO token purchase for week 3

Our week 3 report has a progressive look. Our HBD rewards for the week only sum up to 0.474 HBD, which was only able to get 9.002 Leo tokens. Nonetheless, we had some external fundings for this weekend Leo purchase. An amount of 15 HIVE was used to get additional 94.377 Leo tokens taking the total purchase for the weekend to 103.379 Leo tokens. The Tokens were powered up immediately together with the few we have already.

---

---

Week 3 of 52 was done successfully, and I must say that I am very satisfied with the purchase this weekend, and hope that I am able to buy as much or more next weekend.

---

Going Forward

I am committed to ride this plane to the end, and it's all that matters to me this year on Hive. The Lion status may look like an elusive dream, but I believe it's achievable, and I am ready to give it my spine. It's one step at a time, 52 weeks on the way, and 3 weeks have been completed. If all goes well, we could achieve our goal even before the year runs out.

---

---

To support my initiative on becoming a Lion in the Inleo community this year, upvote and reblog this post.

Thanks for reading!

---

Posted Using InLeo Alpha