Hello Everyone,
HivePowerUpDay or HivePUD is the first day of every month. You need to powerUp your hive to participate in this event. I will quote the all-knowing @thekittygirl who can explain power-up much better than me.
The PowerUp process is when we take liquid assets (HIVE, in this case) and stake it on-chain. In very simplistic terms, it's akin to buying stock, proving that you believe in the future of the chain. In return for the stake, those who PowerUp have a greater vote-value when they upvote posts (which, in turn, earn greater Curation Rewards), have more Resource Credits (RC) with which to transact with the blockchain and earn 'dividends' of HP awarded periodically over time. [source]
You can read all about the PowerUp in this post by @traciyork.
It was a good month for me. I finally become a Minnow last month on Hive. I will be doing a 10 HP powerup this time as I used my liquid hive to buy Millionaire Card in Rising Star Game. And I did power up during the month too.
Before Powering up
After powering up, I am now very close to 600 HP. Let's see if I can get to 700 HP before next month. 🤞
And here is the growth chart for the past month. You can see the big powerup in the form of a long step on 13th April.
Lastly, I want to thank everyone involved in this event. And to all those who make this event successful, doing their bits and powering up whatever they can. Every bit of Hive powered up shows the trust people have in Hive. I am proud to be a hivian and will always be.
Note:
- Screenshots were from https://www.peakd.com's wallet
- Title banner was created by me using Canva.
- PowerUpDay page-dividers by a dear friend - @yaziris posted in @theterminal discord.
I am part of these awesome communities/servers on hive. Feel free to join.
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