Hive PH Power Up Challenge

Mabuhay Pinoy Hivers!

Two weeks ago, we discussed the Importance of Powering Up your Idle Hive Tokens. We discussed the different terminologies we commonly use in the blockchain as well as the benefits of having higher Hive Power.

Benefits of Powering Up

Here are some of the most obvious benefits of powering up your liquid Hive. There are more benefits of powering up your account which were discussed thoroughly in the article above.

- Higher Resource Credits

This determines how much blockchain transactions can do. The higher your HP, the higher your RC

- Higher upvote value

Your upvote value also increases as your HP increases.

- Inflation

The higher your HP, the higher your HP earnings through the inflation.

If you are new to the blockchain, we recommend that you go on ahead and visit the article.

Hive PH Power Up Challenge

Now that you already know the value of your HivePower, we strongly urge you to power up those extra Hive tokens in your wallet. And to make it even more interesting, we came up with the Hive PH Power Up Challenge.

Biggest HP Gainer

If you are aware of the reality show The Biggest Loser", the Hive PH Power Up Challenge is a month long challenge where we will measure the percentage of your HP Gain. Thus, Biggest HP Gainer.

On June 1st, you will need to send a screen capture of your Hive Power. The date should be clearly seen on the screen cap. Comment that screen cap on the @hiveph post upon the challenge start. That will be your official entry for the Hive PH Power Up Challenge.

Throughout the month, you can go ahead and continue with your Hive activities as usual like creating quality content, joining contests, commenting and interacting on fellow Hivers' posts, etc. You need to make a conscious effort to increase your Hive Power as the month progresses.

On June 30th, you will then need to make a screen cap of your Hive Power. Again, the date should be clearly seen on the screen cap. We will then compute for the percent of increase on your Hive Power.

To calculate for your percentage of increase, we will find the difference of your June 1st HP from your June 30th HP, then divide it over your June 1st HP.

[(June 30 HP)-(June 1 HP)]/(June 1 HP)= Percent of HP increase.

The percentages will be ranked to determine the Biggest HP gainer.

Mechanics

1. Screen caps of initial HP should be done on June 1st until 12MN
   @hiveph will post an article on June 1st signaling the commencement of the Hive PH Power Up Challenge.
2. Screen caps of powered up HP should be done on June 30th until 12MN
   Post your June 30th HP as a reply to your comment on the above post.
3. This challenge is open for all Hive PH members with Rep below 60.
   For Hive PH members with Rep higher than 60, you are still welcome to join in. We are trying to device a different category for the Power Up challenge for you.

Prizes*

1st Prize- 300 HP delegation for 1 month
2nd Prize- 200 HP delegation for 1 month
3rd Prize- 100 HP delegation for 1 month
_{*Delegation may increase depending on sponsorship we will receive.}

A weekly update will be posted on @hiveph regarding the status of the challenge. So make sure to stay tuned for our updates.

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We would like to thank our delegation sponsors for this contest:

@themanualbot
@arrlinn
@romeskie
@bearone

If you would like to sponsor for the delegation, please feel free to reach out to @romeskie or simply leave a comment to this post.

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If you haven't already, please go ahead and subscribe to Hive PH.

Don't forget to follow Hive PH trail on hive.vote as well.

Chat and interact with our fellow Filipinos in our discord channel.

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