Power Up Day Is Here - Who's Getting Involved?

avatar

image.png
Image Source

Hell yeah! I've been looking forward to this day since the beginning of the weekend and @traciyork et al keep this really cool initiative going called HivePUD where the aim is to just power up or stake your HIVE on the 1st of each month! Be sure to check out the full information from Traci's post for more information on the wickedaweseomesauce prizes available!

Generally, I power up pretty much every day to add to the stake but always keep some in reserve to get that big ol' hench bee badge who hasn't missed wing day - you need to power up 1,000 HIVE to get that and I nabbed some last week before the prices started going up so times it well through sheer luck!

image.png

Image Source - Aiming for that bee who hasn't missed wing day!

This pushed my HP up to:

image.png

This increased from my last Power Up post on 1st January (I missed February) from 60,519 HP, that's nearly 2.5k HP increased in 2 months so pretty happy with that! Average of 1.25k HP per month, must have capitalised on those bargain basement prices over the last couple of months!


Benefits of Powering Up

I've highlighted before what the benefits are of having more Hive Power but here's a recap:

  • Stronger votes on content & witnesses - although you may not see this in the first instance, if you stay for a longer time and keep powering up like I have over the last 2.5 years, then you will notice the accumulative effect
  • Earning more curation rewards - kinda goes with point 1 but the way it works is that if you upvote content, you will earn as well (known as curation rewards) so the more Hive Power you have, the more you can potentially earn back
  • Earning "interest" by holding Hive Power - maybe you didn't know this but you will also earn HIVE passively at about 3% per year of what you currently have powered up so the more HIVE you have, the more you can earn from just holding!
  • Earn by delegating - delegating is effectively "loaning" out your HIVE Power to others and some accounts may offer you a daily payment for doing so. If you have more to delegate, you can earn more by delegating which helps grow your balance even more!

There's also an airdrop happening with 3Speak in the coming months depending on how much Hive Power you have so might as well stake what you can until then!


HIVE Power Targets

My aim was to reach Hive Orca by the end of last year and because the price of HIVE was pretty low for a few months (it even went down to 8p at one point!) I saw that as a chance to just buy some more and it helped push me well over the Orca line of about 52k HP and now I'm at about 63k HP with most of it delegated out to various Hive-Engine projects to support new starts or leased. I always upvote comments which should give something in the various other tokens I hold but realised that I should probably keep some HP back to give some rewards in Hive/HBD to you and spread the token out to more folks but I'm pretty naff at curating on the whole!

Slowly but surely wins the race - it's been a combination of posting, networking, buying and staking that has got me there (plus an airdrop when HIVE was created which helped too)! Think long term and keep chipping away!


Hive-Engine Tokens

I'd say the HivePUD movement extends further beyond powering up HIVE and to the various other communities that have their own token as a gesture of support. I seem to be acquiring more and more tokens each day but just furiously went on a staking mission before writing this post!

image.png

I don't have any goals as such with these tokens but if you follow me, I post the "Unofficial Ranks" each month that helps to put some targets for various tokens such as CTP, LEO and SPORTS tokens so far but will be seeing about creating some more ranks on the other tokens I have as time goes on for entertainment purposes!

Have you managed to power up some HIVE or Hive-Engine tokens today? Who's got that big old henched bee in their sites? Let me know in the comments below!

Stake it nice and slowly!

Nicky

I'm not a financial advisor and this isn't financial advice. Always speak to a professional financial advisor if you're unsure about how to invest your money

Posted Using LeoFinance Beta



0
0
0.000
16 comments
avatar

I remember how surprised I was a few years ago once I realized the organic growth of my account from just holding Hive.

With no action on my part, it was surprising to watch that number go up on a regular basis. Congrats on your numbers and I hope many new people see the value in buying, powering up and hodling HIVE! :)

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yeah man! Definitely wasn't expecting to see that much change in 2 months! Your username is SO apt for this phenomenon as we literally only just noticed that haha!

I'll do what I can to spread the word, I'm a long term saver/hodler/staker with HIVE and got my 3 year anniversary coming in the next couple of weeks - will share the vibes there!

Posted Using LeoFinance Beta

0
0
0.000
avatar

I powered up enough today to finally get that big ol' bee! 🐝 It's been a goal for awhile!

0
0
0.000
avatar
(Edited)

I'm pretty naff at curating on the whole!

As usual, dear sir, you underrate yourself...

Slowly but surely wins the race - it's been a combination of posting, networking, buying and staking that has got me there (plus an airdrop when HIVE was created which helped too)! Think long term and keep chipping away!

This, I have learned, is the secret. It's a long game. And one does need to view it - in some respects as a game. I have to say, in my own immodest way, I am not unhappy with what I've achieved - especially in the last three or four months. Thanks, in no small measure, to your support.

untitled.gif

0
0
0.000
avatar

You have fully deserved all your earnings and what you've built up in your time here too Fiona so thank yourself! I'm happy to have helped along the way and glad to have met you through the HIVE network! Dolphin hood awaits for you!

Posted Using LeoFinance Beta

0
0
0.000
avatar

I will again be delegating $LEO Power for this month's PUD. Last month the following folks received LEO delegations:   @koychev22, @kemmyb, @kenechukwa97, @ilyan90 and @branbello. Now I have to figure out when 30 days are up! 😉

Posted Using LeoFinance Beta

0
0
0.000
avatar

Here we go, Sgt Dan with the badassery! I'm not sure how long it takes for delegations to come back on Leo but those are additional awesome prizes for anyone to get for 30 days! Probably looking at Monday 8th March for the 30 days from that screenshot?

Posted Using LeoFinance Beta

0
0
0.000
avatar
(Edited)

Power Up Day Is Here - Who's Getting Involved?

Hell yeah... I powered up some. Feel the full power of my new 14000 HP $0.16 vote.

so many good reasons to get involved with Hpud 🙂
I don't really have any HP targets tbh, but it would be nice to get to orca one day. We shall see. Until then, small power ups will pave the way.

63000 HP is quite impressive m8, well done. Orca level well and truly completed 👍

0
0
0.000
avatar

I've felt the power mate! Feel the power of my $0.08 Leo upvote (and other tokens to go with it haha)!

Yeah, keep chipping away, your HP will grow faster naturally as you acquire more stake!

Posted Using LeoFinance Beta

0
0
0.000
avatar

Dang, nice power up! Look at you go! I scraped a little bit together to power up a small amount. not as much as I had wanted, but that announcement about the potential announcement led me to go the LEO direction and try to get as much of that liquid as I could.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Haha, yeah thought I'd get some HIVE whilst it was still cheap but had a load of excess that I used to buy up a load of LOTUS and VIBES miners the other day but waned to keep back 1k HIVE for the power up. Seems like you won't be going wrong with LEO though so also a great move! I hope it works out for you!

Posted Using LeoFinance Beta

0
0
0.000
avatar

I hope so too. I wanted to get some of the LOTUS miners, but I just didn't know what to do. There are so many great things happening right now!

Posted Using LeoFinance Beta

0
0
0.000
avatar

Haha, I know how you feel mate! I don't post much health related stuff at all but I am friends with Riverflows and some of the members of Natural Medicine so wanted to support them by buying some miners and earn LOTUS whilst I can - will set my account up to follow their curation trail to help dish some LOTUS out to others too. So much happening - it's awesome, you won't be bored on HIVE that's for sure!

Posted Using LeoFinance Beta

0
0
0.000