Tomorrow is the monthly Hive Power Up Day (HPUD) drive. This outstanding initiative takes place the first day of the month and has been going on for some time now.
April showers bring May flowers!
So goes the old rhyme. Just as flowers need rain, a HIVE account needs HIVE Power to thrive. What are the benefits of powering up or staking your $HIVE coins?
Powering Up/Staking HIVE Benefits
INFLUENCE - The impact of your voting for witnesses (blockproducers) as well as submitted proposals for HIVE projects.
REWARDS - The percentage of rewards for curation is based upon one's HIVE Power.
DIVIDENDS - HIVE accounts earn a 3% annual percentage rate (APR) on their staked HIVE. That is more than one will get from a bank, at least here in the USA!
DELEGATION - There are a number of ways to receive passive income by delegating to different projects and help the growth of HIVE in the process. A great many accounts reward those that delegate to them by way of votes on posts, tokens, and in some cases HIVE. Some that come to mind are @brofi, @lbi-token, @leo.voter. There are many others.
PRIZES THIS MONTH
I have checked the official HIVE post and this is my understanding of the prizes this month. I have also included the delegation prizes I will be providing (LEO Power Delegations).
🏆 1st Place
- 1,050 HIVE Power (HP) Delegation
- 500 LEO Power (LP) Delegation
- 5 HIVE Basic Income (HBI) Units
🏆 2nd Place
- 850 HP Delegation
- 250 LP Delegation
- 5 HBI
- 650 HP Delegation
- 125 LP Delegation
🏆 4th through 20th Place
- 5 HBI
There are also lots of other rewards which can be seen in detail on the official announcement post.
@victoriabsb is also having a special HPUD initiative for the folks of the Hispanic Community. You may find information on her post: Hive Power UP Day: Recordatorio para el 1ero de Abril 2021 💪 [ENG/ESP] || #HPUD.
Thanks to the HPUD Sponsors
I want to take this time to thank @theycallmedan, @eddiespino, @traciyork, @improv, @alokkumar121, @cmplxty, @fionasfavourites, @riverflows of @naturalmedicine, @hiveph, @jeanlucsr, @livinguktaiwan, @walterjay, @victoriabsb, @r1s2g3 for providing the prizes for this month's HPUD. Maybe go and visit their blogs and show them some love? That would be nice.
My wishes for blessings and groovy vibes to you and your loved ones today and everyday!
Posted Using LeoFinance Beta