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Greetings Friends, today marked an important day in the history of Leofinance community and I trust we are in trend with this event.
Well! Today is the Leo power up day and boom! I just powered up some Leo in collaboration with all like-minded Leo lovers. Nonetheless, I powered up the sum of 489.5 Leo token today while keeping to the community's accurate UTC mandate.
I have witnessed a tremendous growth in my hive and Leo stakes simultaneously since joining this community, I must sincerely utter a big thanks to the community without reservation, for such an incredible show of love all these while.
Although I have been encouraging and would keep advising my friends to hodl more of Leo stakes amidst their other preferred tokens in this ecosystem giving to the auspicious future observed in the Leo token.
I strongly believe that in the near future, the Leo token will become a flapjack and anyone looking down on it presently may not find it easy to fit in its trend in those periods.
Nonetheless, let's take a perusal into my engagement in the power up process.
I believe that almost everyone is in trend on the process involved in buying Leo using swap.hive but then, in today's power up, I used my Leofinance wallet UI in authenticating the power-up process.
From the screenshot above, we'll observe that I have a staked Leo pegged at 1341.647 and a liquid Leo stipulated at 489.539 so I punched the caret or power-up icon to specify the amount of Leo I'll be powering up.
Next, it brought me to this interface above where I inputted the quantity of leo to be powered up, which is 489.539 Leo, after which I punched the power up icon.
Finally, we would observe from the screenshot above that my Leo power is now stipulated at 1831.186LP. This is exactly how to power up one's liquid Leo. This further shows my contribution in this month's power-up day.
Advantages of Powering up Leo Token.
I have observed and no longer stick to hope that there are benefits in powering up so at this point, we'll be observing the driving incentive in powering up the Leo token.
Value Increment.
The powered up Leo acts like our usual hive powers which give all holders the right to vote and also increase one's position in the ecosystem. Hence, when liquid Leo is powered up, it helps in the accumulation of more Leo tokens through personal voting.
In precision, one will never earn the Leo token if you aren't logged into the Leofinance frontend to vote either on articles published in the Leo community or thread engagements.
Earning Liquid Leo.
This is the most intriguing feature I discovered in Leo. Contrary to the functionality of the hive power modus-operandi where you subsequently earn hive power after curating people's articles, the Leo system is quite distinct from that trend.
Personal curation payouts usually drop as liquid Leo giving everyone the right for personal preference of what to do with it.
Earning Leo Delegation From The Community.
Unlike the trend when we power up our respective liquid hive on the first of each month, giving a few participants the right to gain hive delegation from the hive team, this trend isn't exempted from the Leo community.
Powering up one's Leo at the threshold of 150 leo gives everyone the opportunity of gaining delegation from the Leo team. This September delegation is indeed a massive one with a total delegation of 250K Leo. Fortunately, this is to help lions who have at most 25k LP exempting those that have their stake above this figure.
Joining The Lion's Pride Rank.
I believe that a few persons may not have the knowledge of the pride rank Intel. These are different ranks in the Leo community which gives respective authors and Leo stakers the right to earn some vote in the Leo community.
For instance, a kitten with 1k LP can conveniently submit 2 post to leo growth on thread interface each month for assessment and curation while the highest rank in the park is the Apex lion with 150kLP, this Lion has the right to submit at least 10 articles per month for assessment and curation also.
Consequently, the pride rank isn't just the parameter for articles to be curated in the Leofinance community, well structured articles which meet the community's demand also stand to be curated given to the quest for quality engagement within the Leofinance frontend.
I believe that the deductions above are lucidly apparent to convince every observer on the importance of powering up the Leo token on the 15th of every month.
Conclusion
There are so many advantages associated with powering up our respective liquid Leo token which I have also elucidated a few of them above as I believe there will be more to do with it in the near future.
It is good to support a credible project that engenders the welfare of the masses in their scheme without discrimination. I will always maintain my position unequivocally that holding and powering up Leo is one of the best privileges a blogger or investor in this ecosystem could avail to himself.
It will also be in my pleasure to keep powering up at least 50% of my earnings as Leo as to grow and also contribute to the growth of leo. Thank you for going through and thanks for the privilege
Finally, all the screenshots were taken by me through the Leo frontend of my wallet and edited using Imarkup.