Hive Power Up Day, 1.5.2021

in LeoFinance β€’ 2 months ago

Hello everyone! πŸ’ͺπŸ˜ŽπŸš€

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.



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!


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Keep growing your stake buddy!

Posted Using LeoFinance Beta

Thank you! I will, for sure! πŸ’ͺ 😎

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!

Posted via

Thx for reminding, this time I am in for some powerup

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Good for you! πŸ’ͺ 😎

Thanks for the heads up, I was unaware of the added benefits

Posted Using LeoFinance Beta

Your post has been voted as a part of Encouragement program. Keep up the good work!

Use Ecency daily to boost your growth on platform!

Support Ecency
Vote for Proposal
Delegate HP and earn more

Congratulations @seckorama! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out the last post from @hivebuzz:

Hive Power Up Day - May 1st 2021 - Hive Power Delegation
Support the HiveBuzz project. Vote for our proposal!