15th June LPUD - I've just powered up 150 LEO

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Wow - its LPUD time again, and this time its the one year anniversary of LPUD which started back in June last year !

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[A winged lion in Venice - pic taken last October]

I've been part of every LPUD since it started, so this is my 13th power up.

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That brings my total amount of staked LEO to 2654, which I'm pretty happy about. I delegate the majority of mine to @india-leo which provides regular passive drips in LEO, based on their curation programme.

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[Credit - screen print of LEO price graph, taken from Hive Engine at the time of posting]

The price of LEO has gone through a pretty meteoric transformation since LPUD last month - I guess this is all down to the various developments within Leofinance over 2023. If we go back to April 23 the price was at about the 0.08 Hive/leo mark, and now we are sitting at 0.275 Hive/leo, a 3 fold increase in 2 months - that aint too bad !

The trend on the graph is clearly upward, so it will be interesting to see where it continues to go. Although, it will make it more difficult to pull together the 150 LEO needed for LPUD each month. However, its good news for anyone who has invested into LPUD over this past year.

Happy LPUD to anyone else who is joining in today - onwards and upwards !!!



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17 comments
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Congratulations on your Power Up and all the power ups since the beginning of LPUD!
Price of Leo is gone crazy indeed. I wish I bought more at the 0.8 mark 🙈

I’m curious - how much Leo do you receive per month from this amount of delegation? Is it enough to at least participate in LPUD every month?

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Hi, I delegate HP (1657 HP) to @leo.voter and LEO (2550 LEO) to @india-leo. Before the increase in price I was easily making more than the 150 LEO needed per month to LPUD, but due to the price changes it has dropped quite a bit. Now I'm only getting around 2.4 LEO per day passively (72/month), so will struggle going forward. The majority of that comes from the HP delegation (2 LEO/day). Thanks

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Oh I see. Thanks so much for these numbers. So the Leo delegation doesn’t earn you much at all it seems.

I was always wondering how much staked Leo would be enough to participate in lpuds with at least the minimum amount, but looking at those numbers it would have to be a lot! Also whether it is better to keep Leo staked in my own wallet and curate LF posts or rather delegate, hence why I find posts like yours with numbers helpful to wrap my head around it.

I guess for now I need to continue being active in threads and buying the remaining amount from the market to be able to participate monthly ☺️

!KING

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I was wanted to join in LPUD but the prices of Leo has increased and the same time the prices of Hive decreased and for the season I decided not to buy Leo in the current time.

Congratulations to you for successfully powering up Leo.

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Many thanks - the price of LEO and HIVE going in opposite directions is certainly making LPUD tougher. I already had enough for this month via passing income (I stake HP to @leo.voter and LEO to @india-leo - which provide income in LEO), but I may struggle for next month.

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India-Leo provides an income if I delegate LP to them. or I need to delegate Hp? can you say more about it?

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Hi, you can delegate HP to @leo.voter and LEO to @india-leo - both will then give payouts in LEO. I hope that helps !

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Thank you for providing the information. It's a piece of useful information for me.

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Nice job on your power up! You did much better than me this month. I probably could have powered up more, but I took advantage of the price increase and sold some.

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Good luck....!! Powering up helps you hold more authority..if you keep it up your upvote will be worth a lot in the near future

Posted using IceBreak

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Way to go hoosie.
I snuck on and did a power up for lpud too!
!ALIVE
!PIZZA
!LOLZ

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