Two tokens are on my mind today. Our Hive layer 2 LEO token and crypto's number 2 token behind Bitcoin which is Ethereum. Here is why I'm thinking of them.
LEO has a monthly Power Up Day when we are encouraged to stake our LEO. Powering up or staking has 2 benefits. Your vote and the curation reward you earn from it both increase as your amount staked increases. In addition staked tokens aren't liquid. They are locked up for 28 days. Therefore there are less tokens that could be potentially sold. Lower supply with constant demand produces higher token prices.
Now there will be a new incentive to power up LEO today. Stake 150 or more LEO and you will get a hivebuzz badge! For all these benefits I decidef to buy some more LEO and stake 150 of them today the 15th accordingtto UTC time.
For Ethereum we have the merge about to happen. Ethereum is changing the way they secure their blockchain from Proof Of Work to Proof Of Stake. POW requires a lot of computing power which in some cases uses a lot of energy. POS is similar to DPOS which we use here on Hive and Steem and Blurt. If this change goes well then in some ways Ethereum and crypto in general will be improved.
I'm watching the Merge Viewing Party on YouTube.
My activity was a walk, same as usual. I wish you a great day! ❤👍❤
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