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APRIL HPUD: LEO Power Delegation

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Tomorrow is the monthly Hive Power Up Day (HPUD) drive. This outstanding initiative takes place the first day of the month and has been going on for some time now.

HPUD is administrated by @traciyork with assistance from @abh12345. It was originally implemented by @streetstyle. For more detailed information you can visit the official announcement post.

So goes the old rhyme. Just as flowers need rain, a HIVE account needs HIVE Power to thrive. What are the benefits of powering up or staking your $HIVE coins?

  • INFLUENCE - The impact of your voting for witnesses (blockproducers) as well as submitted proposals for HIVE projects.

  • REWARDS - The percentage of rewards for curation is based upon one's HIVE Power.

  • DIVIDENDS - HIVE accounts earn a 3% annual percentage rate (APR) on their staked HIVE. That is more than one will get from a bank, at least here in the USA!

  • DELEGATION - There are a number of ways to receive passive income by delegating to different projects and help the growth of HIVE in the process. A great many accounts reward those that delegate to them by way of votes on posts, tokens, and in some cases HIVE. Some that come to mind are @brofi, @lbi-token, @leo.voter. There are many others.

I have checked the official HIVE post and this is my understanding of the prizes this month. I have also included the delegation prizes I will be providing (LEO Power Delegations).

๐Ÿ† 1st Place

  • 1,050 HIVE Power (HP) Delegation
  • 500 LEO Power (LP) Delegation
  • 5 HIVE Basic Income (HBI) Units

๐Ÿ† 2nd Place

  • 850 HP Delegation
  • 250 LP Delegation
  • 5 HBI

๐Ÿ† 3rdPlace

  • 650 HP Delegation

  • 125 LP Delegation

๐Ÿ† 4th through 20th Place

  • 5 HBI

There are also lots of other rewards which can be seen in detail on the official announcement post.

@victoriabsb is also having a special HPUD initiative for the folks of the Hispanic Community. You may find information on her post: Hive Power UP Day: Recordatorio para el 1ero de Abril 2021 ๐Ÿ’ช [ENG/ESP] || #hpud.

My wishes for blessings and groovy vibes to you and your loved ones today and everyday!

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