Hive power up day is a monthly event that takes place on the first of every month. At this special event, people in the community decide to stake Hive(power up). Leo Power up day is pretty much the same thing.
Leo Power up day is basically a day set out for members of the Leo community to stake their Leo. Don't get me wrong, you're encouraged to stake on any other day but LPUD as it's now referred to, is a special day for powering up.
There are personal benefits to staking Leo. One of which is the fact that you're more or less securing the Leofinance community by keeping some of your Leo.
Staking Leo also enables you to increase your level of participation in curation activities. This increase also leads to a corresponding improvement in the value of curation rewards you receive.
About LPUD
The first of many LPUD events will be held on the 15th of this month. Henceforth, the 15th of every month will be a day set out for powering up.
On top of the potential improvements in your curation rewards, there are also a number of benefits that come with participating in LPUD.
Sexy members of the Leofinance community have banded together to support the individuals that choose to participate. Before talking about the rewards, here are the details about how to participate.
- Reblog this publication by
and follow the account
- Stake(Power up) at least 200 Leo tokens on the 15th of June
If you carry out these two tasks, you're instantly eligible to participate in the delegation bounty. The bounty is as follows
- Grand prize of 20K Leo delegation
- 5k LP delegation for 3 weeks from
- 2.5K LP delegation for 3 weeks from
- 2k delegation for 3 weeks from
- 2k delegation for 3 weeks from
and
- 1k delegation for 3 weeks from
and all the LP from
I'm definitely going to be participating in this event with both my accounts. I might be participating in a free and fair way with both of them.
I have one account that I use to curate on Leo called 
My alt account curates publications independently of my main account and all proceeds from that account is powered up. IF there's up to 200 Leo in the wallet of my alt on the 15th, then it will participate in LPUD. If not, then I'll just power it up as always and hope it can participate next month.
For my main account that earns its own Leo from publication, if there's 200 Leo available on the 15th, I'll definitely power it up. It is very likely that I will have enough Leo for LPUD but time will tell.
Moving forward
According to the publication by
This move is strategically put in place to promote more staking and curation within the Leofinance community. At the end of the day, the network will be a lot healthier if there are more holders/stakers of Leo.
I'm really grateful to the organisers of this event and glad that I can be a part of it. However, I'm still kind of sad that I've not been able to stake more Leo and took some steps back due to events in my life.
In any case, I'll continue playing my part and doing my best to grow the community. If I'm lucky enough to win one of the delegations, it will be business as usual for me, since I already spend a lot of time curating in Leo community.
