> For the complete documentation index, see [llms.txt](https://tokens-economy.gitbook.io/consensus/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tokens-economy.gitbook.io/consensus/chain-based-proof-of-stake/leased-proof-of-stake-lpos.md).

# Leased Proof of Stake (LPoS)

Your chances to find a new block only depend on how many Token you have ( i.e. your stake).

## Used in

* NXT
* Waves

## Pros

you don’t need a lot of computing power to forge a new block

## Read more

* [Medium1](https://medium.com/@wavesgo/explaining-waves-lpos-3a9f838cf167)
* [Medium2](https://blog.wavesplatform.com/waves-launches-balance-leasing-in-lite-client-14db9eac0377)