Leo power up day is barely three days away from the time of writing. It happens on the 15th of every month and it is a tradition in the Leofinance community which began about four months ago. It's a day where we power up/stake our LEO tokens. The power up event allows us to add value to the LEO community in our own way while also bringing us together as one great community with like minds. Powering up also provides us with eligibility to earn curation rewards in LEO rewards whenever we upvote contents of interest.
Powering up LEO has so many benefits, highlighted below are a few reasons to participate in LPUD.
Reasons to participate in the LEO Power up day
Powering up on LEO Power up day is an opportunity for us to add value to the overall LEO/Hive blockchain. Powering up allows for long-term sustainability and increase in value of the LEO token, thus allowing for better visibility and mass adoption of LEO which will be beneficial to the community in the long run. If this pattern continues for the next one year, then we'd definitely see a surge in the price of LEO, another two years and we'd all be glad we be began LPUD in the first place.
As much as we'd like to power up every once in a while, we may sometimes get too busy to remember, which may result in only a few number of people powering up in each case. Having a special day for the entire community to power up makes things easier as you don't have to put it in your to-do list. LPUD makes things more interesting since the entire LeoFinance community is taking part in great event- a life changing event.
Powering up/staking our LEO is a way of generating a passive income apart from writing as it allows for an increase in vote value which allows us to earn Curation rewards whenever we upvote contents which we may consider interesting/ of quality. More LEO powered up means more curation rewards.
Apart from the overall benefits obtained from powering up LEO on LPUD, powering up not less than 200 $LEO and not more than 20,000 $LEO allows you to be eligible to win some prices attached to participating in LPUD. Follow @leogrowth for the official announcement.
There are a lot more reasons/benefits attached to participating in LPUD. The above mentioned are only a few based on my opinion, a result of observation based on the little time spent on the LeoFinance community. The LEO/Hive blockchain aims towards long-term sustainability which can only be made possible if we come together through via the LPUD event. Let's all participate in the Leo Power up day, and make the 15th of August a day worth remembering.
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