APRIL HPUD: LEO Power Delegation

in LeoFinance3 years ago (edited)

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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.

HPUD is administrated by @traciyork with assistance from @abh12345. It was originally implemented by @streetstyle. For more detailed information you can visit the official announcement post.

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

🏆 3rdPlace

  • 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!

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That's awesome! Thanks for providing the additional Leo power delegation. That's huge! Leo is certainly an amazing thing to have going strong and helps bolster the new folks and show them that it's more than just Hive on here. The additional power also helps them earn a little bit in curation rewards for Leo, so that's a welcome bonus!

Yup. This is my second month doing it. Just sharing the wealth my friend! Thank you for providing incentives as well!

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That's awesome! I'm going on 9 months with my little initiative, hive power up and sponsor where I too add HBI units for folks. Really glad that more people are using it!

Oh, wow! This is great. Thank you!

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You are welcome.

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Wow! Those are substantial prizes!

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HPUD is such a great event and I hope more Hivers participating ..

We shall see. Seems to get better every month.

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Yes. It is pretty neat. Just type!SEOCheck in the comments section after publishing your post.

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