Hello all Hive users and Leo lovers...
Its 15th January, so are you ready for Power Up LEO ?
It's the 15th of February, and it's LPUD aka Leo Power Up Day. This is the day which has importance among all the Leo community members as they show their support to the project by participating in the initiative which encourages the members to power up Leo token. The power up means the members lock their token in liquid form, which is a great way to show our belief and increase trust among both developers and community members. The liquid token, once staked, increases the power of users, which comes with a major advantage of an increase in curation rewards. Every month, I am participating in the event and powering up the Leo tokens available to me. Every month, more and more users are participating, and participation is very essential as together we can surely make the changes. The power up also shows our long term commitment towards the project.
My current LEO Power Status
I was holding 9041 Leo Power during the last Leo Power up Day. Below is then screenshot form the last month #LPUD
With another 151 Leo Power up I have reached 9234 Leo Power now and also eligible for the Lion Attack category. I am able to power up 193 Leo in total (very close to 200 mark). Nest month I am expecting more power up number during the month for my account as I have opted for the staked option for delegation rewards.
Similar to the previous months their will be LPUD badge issued on @hivebuzz by @arcange. I read some posts that the hivebuzz is down so may be we will get the budget late.
Earnings 22% APR
I have delegated some Hive Power to the leo.voter account and I was earning Leo token as delegation rewards. The team has changed the way they were distributing the delegation reward. Before the change we were getting the 13% APR and now they give the option to increase the APR up to 22%. The different tiers concept is what you can choose as per your choice. The 22% APR is for sure a good option for delegator who has long term visibility.
The first tier is for those who want the APR similar to the previous mechanism, you do not have to do anything. The second Tier is also known as HODL mood. Is you choose the second tier you will get the rewards in staked condition. The second ties has additional APR and you will earn the leo with 20APR.
The third tier will be activated if you choose the staked option and you are also a Premium member. The APR is 22% for the third tier.
I have opted for the premium subscription few days back and chosen the staked option so now I am receiving the rewards with higher APR. What you have chosen?
In case you do not know about the #LPUD then I will suggest you to check the posts by @leogrowth where they explanations that what LPUD is and how to participate. Here is the link to official post
All rewards earned form this post will be power up 100%.
What are your views/plans let us know in the comments section.
Thanks for reading.
Do not forget to check the February Monthly Prompt
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Posted Using InLeo Alpha
