MMO is Joining in with the JUNE LPUD
This is the male half of MMO writing today yes @tengolotodo
Today is halfway through the month and it is the 15th....
The 15th of the month means that it is LPUD or Leo Power Up Day...
What the fluff is LPUD?
Well this is the image that has been used over the years ...
We are also going to make reference to LPUD June Announcement š£
Before we start we just had to take up Premium subscription again.
We were MIA the last couple of months....
Yeah baby we are back ... hello Premium!
We have missed out with what is going on... I have seen rumours of Leo 2.0 or InLeo and no more inflation in the future.
Right now that the formalities are over ....
LPUD stands for Leo Power Up Day.
It is the day that members of the Leo Community on the Hive blockchain power up their liquid $LEO token. In other words they stake it...
Why would you do it?
Well it is a fun thing to do that shows you believe in the community and the blockchain and additionally you will get:
- increased curation rewards
- staking rewards
- increased governance voting value
and you could also win an LP delegation for a month!
What do you reckon are you in with us?
Our starting point
So you can see we have a Leo Power of 304 LP..
And we have 168.22 liquid LEO tokens ...
How much to power up?
Well there are two considerations here...
Firstly what do we need to power up to eligible for the LPUD rewards?
Answer is ...
....There are two types of Power-Up Challenges:
CUB attack: Power up at least 50 $LEO:$0.02 on the 15th of the month
LION attack: Power up at least 150 $LEO:$0.02 on the 15th of the month
Therefore I want to be eligble for the LION attack...therefore we power up at least 150...
Secondly we were going to keep liquid LEO as we want to reward lions who participate in some promotions that we intend on running... However we will delay this and if need be we can go to the market for them!
We will power up 168.22 $LEO
The Power Up Process!
Click the power button and fill in the amount ....
Then Click that orange Power Up button ...
Smack the red Confirm button and we are all done ....
Proof we powered up
The proof is in the pudding they say ...
We started with 304 LP and we powered up 168.22 LEO so that should mean we have 472.22 LP
Look at the screenshot above and yes we have 472.22 LP
We are growing ....
Are we eligible for the Rewards š?
Let's check the criteria from the post referenced above...
āļø Your total Leo Power (on the 15th) must be less than 25k. āļø IT IS 472.22 LP
āļø You must power up at least 50 LEO tokens on June 15. āļø ours was 168
āļø You must not have powered down Leo over the last month. āļø No power down
āļø You need to share a blog post on InLeo about LPUD. (A Thread or Short is not enough). āļø This will be it
Yes we are eligible ... for the LION Attack
Keep your fingers crossed, we could do with a LP delegation!
Have you Powered Up your $LEO today .....
Happy LPUD
Lead Image generated on Gemini and edited in Canva
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