Hey everyone!
I hope you all are having an amazing day with your friends and family. Today, I would rather talk to you and remind you about something exciting that is happening in just three days, Yes I am talking about the LPUD (Leo Power Up Day)! If you are part of the Hive blockchain community, there is a pretty good chance that you have heard about this monthly event from the Inleo community. But if you are new to all of this and hearing this term for the first time, don’t worry! Let me explain what it is, why it is important and how you can also take part and grow yourself here.
What is LPUD?
LPUD or Leo Power Up Day is a special event that takes place on the 15th of every month without any miss and it's a community-driven event. It’s a day when Inleo users come together to power up some Leo tokens according to their choice by staking them. Staking means locking your tokens into your wallet, which gives you more Leo Power, just like what happens with Hive. But now you may ask, why would you actually want more Leo Power? Well, Leo Power helps you earn more rewards when you curate via upvoting blog posts, short form threads or comments on their platform inleo.io, and it also boosts your influence in the community. On top of that, by powering up, you are supporting also the entire ecosystem and contributing back to the community by curating fellow users! The more people stake their Leo tokens, the lower the number of tokens in liquid circulation, which can make them more valuable over time.
And now moving on, while anyone can stake Leo tokens on any fine day, what’s in it for doing it on LPUD? So here is the cool part - by participating in LPUD and following the rules, you can win awesome rewards like big and bigger Leo Power delegations, which means you get even more total Leo power temporarily to earn more Leo tokens via curation and also to increase your impact on the platform.
Should You Join LPUD?
Well, this is not financial advice at all and please do your own research before investing your money anywhere. Anyway, for those who already know well about the vast Inleo project and its Leo token, I believe they will surely find several reasons to join LPUD like..
- Grow Your Leo Stake By powering up every month, you can steadily increase your Leo holdings, giving you both of more curation reward and influence in the community.
- Support the Inleo Ecosystem When you power up $LEO, you are helping it to reduce the active circulating supply of Leo tokens, which benefits the whole community by potentially increasing the token's value.
- Win Rewards Just by joining and powering up the required amount of Leo tokens like minimum 50 Leo or 150 Leo, you can win cool rewards like big Leo Power delegations, which boost your impact for a set time.
- Be Part of Something Big Inleo is more than just a social media platform - it is a growing web3 socio-financial media ecosystem. Being part of LPUD means you are contributing to a project that is practically shaping the future of decentralized finance and online communities.
My Journey with Inleo
I have been a user of the Inleo community for over two years now. Back then when I first for to know about them, it was called Leofinance and focused mainly on finance and crypto content. I started by writing and reading financial posts, but as the platform evolved, so did my involvement with time and now I also hold a decent Leo Power and curate other’s posts. Today, Inleo is a full-fledged social media platform that offers both long-form content ( blog posts ) and short-form content through LeoThreads, which is quite similar to Twitter but built on a decentralized blockchain. What I love about Inleo is how it keeps growing and offers new opportunities, especially for Hive users, making this chain more user-friendly and accessible. It is now a hub for crypto enthusiasts, Web3 pioneers and obviously content creators like us. With tools like LeoDex and Hivestats, that has become a go-to platform for Hive people interested in interacting with everything from social media to decentralized finance and games in this blockchain.
My Current Leo Power and Plans
Though I started small on Inleo but I used to stake all my Leo rewards in stake and also bought and powered up a big chunk of Leo during the first Zealy campaign, which helped me to boost my overall power quickly. Then over time, I have slowly built up my Leo stake, and I am excited to say I have reached over 11.5k Leo Power already. Since the last LPUD, I have gathered about 180 Leo tokens, which I will be staking all in the upcoming LPUD which is just 3 days after. I am aiming to hit 200+ tokens to power up in the upcoming LPUD event and hoping that these last 3 day’s rewards pay me 20 Leo at least. ### Preparing for the Next LPUD So my Leo warriors, with just three days left in hand until the next LPUD, I think now is the perfect time to gather your Leo tokens and get them ready! Whether you earn tokens through curation, content creation or purchase them from the market, joining the LPUD is a great way to showcase your earn and support while growing your influence in the Inleo ecosystem. So, mark your calendars Lions for the 15th and join me in powering up for the next LPUD!
I hope you liked reading my post and let me know if you participating in the comments below. That’s all for today and I will be seeing you all in my next post.
Posted Using InLeo Alpha
