It's the 15th of the month. You know what that means. There's still time to be part of the December 2022 LPUD event.
Cover image made using HTML and CSS, with light edits using MS Paint.
Screen capture comes from LeoDex, with edits made using MS Paint.
Every day is Power Up Day-- nothing stops us from powering up whatever tokens we have no matter the amount. Even so, some days are more special than others.
A few months ago LeoFinance began its own PUD: LPUD, where LEO is powered up event-style on the 15th of each month. 150 LEO is needed to qualify for the LPUD event.
No HPUD for Me (Yet)
Traditionally Hive PUD takes place on the 1st of each month, and it takes a some minimum amount of HIVE to qualify for this event.
Currently, taking part in HPUD is out of reach for me. Oddly enough, I aped into an HPUM badge by posting daily to LikeTu for a month and claiming rewards as 100% HP.
LPUD for Me-- "I Can Do"
When I discovered LPUD, I saw that I could participate in it. What I hadn't expected was that there would be months where I could not participate.
Although I don't always qualify for LPUD, I qualified for the December 2022 LPUD Event:
Click to view full-sized image
For that reason, my LPUD objectives are modest:
- Have enough LEO to qualify for an LPUD Event; and
- Do 3 consecutive LPUD events (Streak is at 1).
When I can get a track record for myself, then I will raise the bar for my own LPUD goals.
Why Power Up at All?
Powering up-- no matter how or when-- is how we increase our voting power. Voting power is how we increase the upvotes we give to others, and it's how we in turn receive greater earnings from the upvotes of others.
This is true for HIVE at the base layer, and it's true for all Hive Engine tokens at Layer 2, especially LEO.
Just as people of another time placed money into savings accounts to earn several percentage points of interest (unlike the virtually zero percent it's been for at least 10 years), powering up our tokens has the same effect.
Why Power Up on Power Up Day?
On top of this daily powering up of whatever amount we can manage, Power Up Days offer extras to its participants.
In the case of the December 2022 LPUD Event, we can expect the following:
Delegation Matching Power Up
For the first time, for each qualifying power up there will be a matching delegation of LEO Power lasting 3 weeks. This gives a boost in author rewards and curation rewards, and who doesn't want that? Everyone is a winner in this way.
Big Prizes for a Lucky Few
For some lucky participants in the December 2022 LPUD Event selected at random, huge delegations of LEO for 3 weeks will be awarded:
| Delegation | Sponsor |
|---|---|
| 20K (3x) | @leofinance (to 3 winners) |
| 10K | @edicted |
| 5K | @leomarkettalk & @taskmaster4450 |
| 5K | @anomadsoul |
| 5K | @bitcoinflood |
| 3K | @lbi-token |
| 2K | @steemstreems |
| 2K | @mcoinz79 |
| 2K | @alexvan |
| 2K | @forexbrokr |
| 1K | @whatsup |
| 1K | @scaredycatguide |
| XK | @jongolson |
And Then There Is The Bad Luck Prize
Although put on pause for December 2022-- to return in January 2023-- there is the LPUD Bad Luck Prize awarded by @onealfa to one lucky Leo/Hiver who has qualified for at least 3 consecutive LPUDs and followed the rules each time yet didn't win one of the standard prizes.
In addition to following standard LPUD rules, @onealfa adds these rules for the Bad Luck Prize:
- No LEO power-down for any reason from June 6th to the present;
- 1+ long form blog post(s) at LeoFinance each month featuring LPUD, objectives for that month's LPUD, and reasons for promoting LPUD. It is vital to include the
#LPUDtag in each such post.
Through December 2022, the Bad Luck Prize awarded by @onealfa was a 60K LP delegation for 3 weeks. When it resumes in 2023, it will be higher. For February 2023 and beyond, @onealfa will determine the size of the prize as he sees fit.
Did You Know There Is an LPUD Badge?
I didn't know this until recently. I thought the badges were only for Hive PUD, but LEO PUD has them too!
While we shouldn't participate in LPUD just to get a badge, it's good to be recognized for our contributions to this and other LPUD events.
Why Promote LPUD?
LeoFiannce can always use promotion in order to onboard more Hive account holders. Stated or not, that's always a consideration.
This is also good for Hivers and the Hive blockchain. It means greater distribution of the HIVE tokens and the HBD stablecoin. It also means an increase in Hive Power, which is good for all of us.
Promoting LPUD (and, for that matter, HPUD) is also a way to build bonds between our fellow Leos (and Hivers). Those bonds will be important in good times, and more important in bad times.
There's Still Time--
The 15th of December is running out for some people, but enough of the day remains to take part in the December 2022 LPUD Event. Even if it's your first LPUD, it gets you closer to qualifying later for bigger prizes. Power up your LEO today.