Hi all friends. I just read @prayzz post about TASK 2 : Learning About Hive Tokens and How to Power up.
How much do you know about Hive, Hive Power & HBD?
Hive is a social media that can grow with the various communities contained in it. Where each user will be rewarded with a vote. Hive Power is the power contained in a Hive account, where the more Hive Power in the wallet, the more upvotes you can do for each post. The HBD currently backed by Hive is one of the stablecoins that is backed by the underlying value of the Hive blockchain itself and traded to USD. Currently if you have 5 HBD then if you convert it to a Hive value, it is $5 USD.
Is there any importance of powering up Hive?
Power Up is one way to increase Hive Power. Where by doing Power Ups every day, your Hive Power will increase and get a lot of curated rewards when upvoting. For me Power Up is very important especially for Hive users who have just joined Hive like me.
How many ways are there to acquire Hive Power (HP)?
The way to get Hive Power (HP) is by doing Power Up from every reward that we get on each post. Where we can convert HBD to Hive and then you turn the Hive into Hive Power. Apart from that, you can also buy Hive on the exchange by sending it to your Hive user account. That's the way I know at the moment.
Show the process of converting HBD to Hive from Internal Market? (Must show screenshots)
How to convert HBD to Hive :
- First select Hive Wallet.
- select HIVE DOLLARS, select market.
- Then select Buy Hive. By entering the amount of HBD to convert to Hive.
- Then confirm by entering the Active Key password.
Can you power up your Hive To HP? (Must Show The Process)
First select Hive Wallet.
Select the number of Hives contained in the wallet and select Power Up.
- Confirm using Active Key password.