Hi friends,
Welcome to my new post and I hope all are doing well.
Sorry for the so long time I am not active on ecency but I am not feeling well for a long time. While I am on the bed I search about the power-ups. I did research about the power-ups and I found some interesting facts so I am here to share that all the findings with you all in very simple words.
1. Gives the power and freedom
When I saw the structure of the ecency I found that if I had less power then I am only allowed to do some posts but authors with higher power will have more freedom on the platform. Earlier I have only 5 HP and at that time I was only allowed to do a single post or comment and this will be very annoying for the authors who are trying to be more active. Currently, I have 28 HP so the platform will allow me to do some more posts.
2. Shows the loyalty
The second reason is its shows how you committed towards the ecency or hive platform. If we are ready to invest our earnings in powerups it simply shows how we are loyal to the platform. Some of the account that has the highest HP they are simply invested their years of time on the platform and they really deserved more freedom on the platform.
3. Gives the value for your vote
It is really interesting that more power to your account will give value to your vote. Some of the account with the highest HP has the value of a vote in dollars and its help to increase our followers.
4. Helps to increased the value of our token
Powerup is simply like the staking of the token. If we do more powerups then it will help to increase the value of hive token as we are powerup that results to short the supply of hive token and short supply will lead to the increased the value of the token. That means indirectly it helps us to increase the value of our earnings.
5. Better curation rewards
More power will give more curation rewards and I really like to earn some curation rewards. This is the reward you get while voting on others' posts. Curation rewards are more attractive than the author rewards. In the early stage, you will not get many curation rewards but once you have high power in your wallet you definitely get the high curation rewards.
After the research, I really like the powerup concept and I will focus to maximize my powerups so it will help me in the long run. If you found this article valuable then don't forget to upvote the post. Are there any more benefits of the powerups than definitely mentioned that in the comment section.
Thanks And Regards,
Mayuresh Pandit