Hive Power Up Day, 1.5.2021
Hello everyone! πͺππ
I would like to remind you that today is the fifth Hive Power Up Day (HPUD) of the year. Of course, you can do a power-up whenever you want, but on the first of every month, you get certain benefits.
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Why Power Up Hive?
There's a lot of benefits, best explained by @nickyhavey in his post and it still applies:
Stronger votes on content & witnesses - although you may not see this in the first instance if you stay for a longer time and keep powering up as I have over the last 2.5 years, then you will notice the accumulative effect;
Earning more curation rewards - kinda goes with point 1 but the way it works is that if you upvote content, you will earn as well (known as curation rewards) so the more Hive Power you have, the more you can potentially earn back;
Earning "interest" by holding/staking Hive Power - maybe you didn't know this but you will also earn HIVE passively at about 3% per year of what you currently have powered up so the more HIVE you have, the more you can earn from just holding!
Earn by delegating - delegating is effectively "loaning" out your HIVE Power to others and some accounts may offer you a daily payment for doing so. If you have more to delegate, you can earn more by delegating which helps grow your balance even more!
When if not now?
Last, but not least, you can get nice rewards and badges, read the details in @hivebuzz post.
So, there's no reason not to do the Power Up and hurry up, you have less than 14 hours!
πͺππ
@seckorama
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Congratulations @seckorama! You received a personal badge!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
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Thanks for the heads up, I was unaware of the added benefits
Posted Using LeoFinance Beta
Thx for reminding, this time I am in for some powerup
Good for you! πͺ π
Keep growing your stake buddy!
Posted Using LeoFinance Beta
Thank you! I will, for sure! πͺ π
Good to know! I have been focusing on increasing my POB Power, but I always end up taking some of the Hive earned to pay my bills haha!