Leo Power Up Day is oly four days away, and I'm pleased to say that I'm all set for it. In this publication, I talked about the movement and why you should participate.
My preparation for LPUD has been awesome so far. My main account already has over 200 Leo to power up but my alt that's exclusively for curating Leo content isn't quite there yet. I reckon that it will reach the required amount of Leo before LPUD kicks off though.
I'm excited by the excitement behind Leo Power Up day. It is already shaping up to be a big deal and I think it will add value to the community.
Generally speaking, staking Leo is healthy for the token. So, the more tokens that get staked, the better for the network, but we all kinda knew that.
What fascinates me most is the fact that Leofinance is going to be subject to even more marketing in the coming weeks/months.
This move to market the leofinace project was revealed in this publication about the Leofinance mobile application V1 design. Generally speaking, our bags might get pamped soon.
Seriously though, this decision to market Leo, combined with the monthly LPUD could translate to something special for Leo token as a whole.
Leo is a token that we've seen at $1 before and I believe that is achievable in the event of a solid pump. It might not be a rapid pump but I have a really good feeling about the coming months.
LPUD is for smaller accounts
One of the biggest flex for Leofinance will be to grow the middle class. LPUD seeks to spread the tokens to Leo holders at lower ranks.
Sometime last year, breaking into the top 50 Leo holders required around 15K Leo tokens but today, you now require at least 30K tokens. As more Leo tokens continue to get printed, we will see the requirement also get farther away.
One of the objectives that LPUD seeks to achieve is to bring Leos with less than 20K Leo power closer to the action by granting them an opportunity to participate more in the network. First of all, you get to increase your leo earning through curating and the fact that you have the Leo stake for a limited time will necessitate aggressive curation.
Secondly, a 20K LP delegation will thrust the LPUD winner into the spotlight, since your vote on publications becomes more pronounced, if you may.
I've always felt that the fact that a higher curation power translates to your own vote being higher up in the list of curator is some sort of marketing. So, in essence, one member of the community will ultimately become more popular, on top of earning incredible curation reward.
Posted Using LeoFinance Beta
