Hive Power Up Da - Time to build my Stake
From Small Beginnings
There is something strange about locking your tokens away behind a time based lock in period, and I think that this makes a lot of people a bit hesitant to power up and stake their hive token. Your mind starts to say things like "hey what if hive pumps next week and you won't be able to sell".
But the counter to this thinking and I have been telling myself the same thing is that "what if hive pumps in the next 5 years" then I can power down and sell.
So what's the plan?
The HiveBuzz will award you a badge based on the amount you power up on the first of the month, the biggest bee badge is for 1000 hive (and that's what I am going for) I am starting as a Red Fish and with this power up I should move to a Minnow, eventually get to whale who knows.
How the Ranks Work
To get more involved into the hive blockchain its a good thing to power up some hive tokens
| Rank | mVests | Hive | Share |
|---|---|---|---|
| Red Fish | 0 | 0 | 0.0000% |
| Minnow | 1 | 490 | 0.0003% |
| Dolphin | 10 | 4,900 | 0.0026% |
| Orca | 100 | 48,997 | 0.0259% |
| Whale | 1000 | 489,974 | 0.2594% |
Do You Have Plans To Power Up
I am interested to find out what other Hivians methods and thinking are regarding your plans about power up day?