6th Hive Power Up Day

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Hello everyone! πŸ’ͺπŸ˜ŽπŸš€

Today is the sixth day this year you can start building your Hive Power!

It's the sixth Hive Power Up Day (HPUD) of the year 2022. A nice opportunity for all those who have set their goals in Hive.

Of course, you can do a power-up whenever you want, but on the first day of every month, you get certain benefits.

Read on!

hpud_jun22.jpg

There's a lot of benefits, best explained by @nickyhavey in his post about more than a year ago and it still applies:

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 as 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/staking 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! Read my post about delegation!

When if not now? Today is the day!

  • More details about prizes, awards, and rules can be read in @traciyork post.
  • You can get nice rewards and badges, read the details in @hivebuzz post.

So, there's no reason not to do the Power Up!

πŸ’ͺπŸ˜ŽπŸš€

Stay Healthy!
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@seckorama
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12 comments
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Congratulations on your stakes :) More power to you and yes, 6th PUD indeed for the year. Time's fast!

Posted Using LeoFinance Beta

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I am actually powering down currently to buy some HBD for the nice APR!!

Posted Using LeoFinance Beta

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Well done on Hive power up buddy, it makes a lot more sense to keep building HP.

Posted Using LeoFinance Beta

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Congratulations on powering up! I would add one more reason to those that you have listed... Empowering others by supporting and upvoting their content!

Posted Using LeoFinance Beta

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Congratulations @seckorama! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day! This entitles you to a level 1 badge.
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out the last post from @hivebuzz:

Be ready for the 6th edition of the Hive Power Up Month!
Hive Power Up Day - June 1st 2022
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