Last Leo Power Up Day of the Year

5 months ago (Edited)

It's half of December and a little over two weeks until the end of the year and I started to see end-of-year goals wrapup posts from the early achievers among us. Others started to publish overviews of the year that is about to end, and I even saw a post in preparation for the 2024 resolutions we are likely to miss.

It looks like I have an issue completing my goals with time to spare at the end of the year. I haven't done that last year, and won't do that this year either. It is still possible to achieve the most important goals I have remaining, but I'll have to push it to the limit, to the last week of the year. Just like last year. I don't like that. I'll need to adjust that a bit.

One of the goals that is calculated to be achieved (hopefully, at the limit) on the last week of the month/year is the Leo staking goal.

Today, for LPUD, I powered up my regular 200 LEO per week.

I realized when I saw the rules for the additional LPUD category that I wouldn't be able to make it. If I could, my goal would be completed right now.

15% of 21900 is 3285 LEO which I should have powered up to qualify.

What I understood, however, was that this category for LPUD would exert a certain buy pressure on LEO, so I made my purchase of LEO for both last week's power-up and LPUD on Sunday and Monday before the price went up.

Looks like I wasn't wrong about it.

So... I am currently at 21,100 LP, with 400 remaining to complete this year's goal. With a few days off Hive around Christmas, this could be a tough one, but achievable.

Unlike HIVE Power, LEO Power doesn't come with associated resource credits, doesn't have any governance role, no interest coming just by holding it, and has a lower curation APR. What it has is the promise of ad revenue sharing for actively curating stakeholders and the possibility to distribute rewards without a dust threshold. Plus, it comes with an active community, which is not a small thing, and a platform that is developed continuously.

It's like comparing fruits and vegetables though, they are different. But they both can be important, and, because I like both fruits and vegetables, I had both HP and LP as two of my main goals for this year.