Holidays season is up and running wild as we are getting closer to another new year 2024, the time is really ticking fast and everyone is looking for a prosperous future here on Hive and in real life.
PGM project has also planned to celebrate holidays and Christmas by giving away exciting gifts to its community, therefore @zottone444 has announced a PGM Power Up Week to celebrate the upcoming events within the PGM community. Those who join the PPUW, stake at least 50 PGM, and write a post about PGM Power Up will retain a higher rank for gift sharing by PGM project.
Note: Following rules will apply.
There will amazing gift for those who add 100 or more PGM into staking, and they will be thanked personally by Project organizer with complimentary gift.
What is PGM?
PGM is an acronym for Play Gamers Token, it is a project that runs @pgm-curator initiative and PGM tip token.
PGM Curator is a program to boost quality posts written by PGM community members. The boosting service can be accessed on https://pmgshare.com website, where users can apply for a boost on any post.
Usually, PGM boost takes 1 PGM and sends it to @null account for burning, but it also work manually through any Hive-Engine based DEX such as leodex.io or tribaldex.com, a user has to transfer 1 PGM to @zottonetoken with a link to the post in transfer memo.
PGM token is a layer 2 Hive-Engine token, PGM stands for Play Gamers, it is also a utility token through which Hive users can tip different coins to any other Hive user via a comment. Following are some of the tokens a user can send and receive using !PGM command in a comment.
To use the command, a user must have at least 10 PGM tokens staked in his wallet, but there is more to it, look at the following list for potential rewards by staking more PGM.
There are 6 levels of staking starting from 10 to 5000 PGM, although level 5 and onwards also rewards both persons with BTC Satoshi tips. Level 3 and onwards the tip giver can earn back tipped tokens for himself as well, but the real rewards returns at level 6 with 5000 staked PGM which has a 2x multiplier for any reward sent.
PGM Power Up for 200 Tokens
I have around 220 PGM tokens in staking and I am going to stake 200 more tokens today. Here is my current snapshot of PGM tokens.
I have to add 200 PGM tokens in staking in order to join the content, so let's do it.
200 PGM token are staked, now total PGM tokens in staking are around 420.
This means I have successfully participated in PGM Power Up Week and strengthened my PGM community. Hopefully, I'll try to reach 500 PGM staked to gain tip returns.
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