Hello Readers,
I hope all of you are having a fantastic day surrounded by your friends and family and also enjoying the bull season in crypto. Today, I have something exciting to share with you, especially if you are a part of the Hive blockchain community. Well, It is time to get hyped because, in just four days, we will be celebrating the next LPUD (Leo Power Up Day) event on the Inleo platform! So whether you are a proud member of the Inleo community or hearing about them for the first time, let’s take a ride and talk about Inleo and LPUD without any further ado.
If you have been part of the Hive or Inleo community for a while, you have probably heard of the LPUD event. But for those of you who are new to this platform, allow me to break it down for you and explain why it is such a big deal, and show you how to get involved.
What Exactly is LPUD?
LPUD stands for Leo Power Up Day and this event happens on the 15th of every month. It is a super exciting event driven by the Inleo community where users voluntarily engage and celebrate together. On this particular day, Inleo members from all around the world gather to power up or stake a certain amount of Leo tokens according to their wish or capability. If you are not aware of the term "staking”, it simply means locking up your Leo tokens in your wallet and thus increasing your Leo Power. In return, the Leo power boosts both your curation rewards and influence on the platform.
Now, some of you might wonder, "Why would I want more Leo Power?". Well, more Leo Power simply means you can earn more curation rewards by curating other user’s content like blog posts, short threads, short videos and comments on Inleo’s own official platform -> www.inleo.io. On top of it, it also strengthens your influence within the Inleo community. By staking Leo tokens, you are not just benefiting yourself by earning curation rewards in the form of more Leo tokens, you are also contributing to the overall health of the ecosystem by reducing the circulating supply of Leo tokens.
Why Should You Participate in LPUD?
Although anyone can stake their Leo tokens on any day and earn more curation rewards right away, participating in LPUD comes with some extra perks that you just can’t miss! By joining this event which happens on the 15th date of every month, you can qualify and stand a chance to win some special rewards, such as temporary delegations of additional Leo Power. This means if you get lucky, you will have even more power to curate content, and earn more curation rewards leveraging the extra ton of Leo power delegation that you won.
Now, Let me break down some reasons why you might want to join LPUD...
- Grow Your Leo Stake - Powering up consistently allows you to increase your Leo holdings gradually over time. The more Leo tokens you stake, the more Leo vote value you gain, which translates to better rewards and also more influence in the community.
- Support the Ecosystem - By staking your Leo tokens, you are helping to reduce the circulating supply of $LEO, which could potentially boost the token’s value over time. So clearly, It is a win-win situation for both you and the community!
- Win Leo Delegation Rewards - Just by powering up a minimum of 50 (Cub Attack) or 150 (Lion Attack) Leo tokens and above, you can enter the raffle to win awesome rewards like large Leo Power delegations. These rewards give you even more temporary Leo Power to make an impact.
- Be Part of Something Bigger - Inleo is not just another social media site, it is a fully decentralized Web3 ecosystem that is helping to shape the future of finance and online communities. Participating in LPUD makes you an active contributor to this innovative project and witness the revolution.
My Journey with Inleo
I have been a part of the Inleo (formerly known as Leofinance) community for over a few years now. When I first joined, it was a comparatively small community Tribe on Hive blockchain focused on finance and crypto-related content. I also was a new user and started my journey with Inleo by reading, writing and engaging with posts. Over time, I have staked more and more Leo tokens and kept growing my Leo Power steadily.
Today, Inleo is a full-blown social media platform offering both long-form blog posts and short-form content lime Threads and short videos through LeoThreads a decentralized alternative to Twitter. The best part of this platform is that It is built on the decentralized Hive blockchain, making it a Perfect place for crypto enthusiasts and content creators.
What keeps me hooked is how Inleo continuously evolves, bringing new tools like LeoDex, Hivestats or the recent collaboration Dash all a lot more. All these user-centric steps from Inleo make it both valuable and easier to navigate the vast world of decentralized finance, games and social media on Hive.
My Current Leo Power
When I first started, I would stake all my Leo rewards and occasionally buy more tokens to power up. This approach helped me grow quickly, especially during the initial Zealy campaign where I bought a big chunk of Leo tokens at once and staked it all. Currently, I have accumulated over 11.7k+ Leo Power in my account and since the last LPUD, I have accumulated around 175 Leo tokens. I plan to stake all of my Leo earnings in this upcoming LPUD and aim for at least 200+ tokens. I am hopeful that these last few days will help me reach that goal.