LPUD is Approaching in Less than a Week
LPUD aka Leo Power Up Day is a community event that is organized on the 15th of every month. People are expected to power up Leo tokens on this day and this way we try to stake more tokens and reduce circulation supply. There are two power-up events, and these are HPUD and LPUD whereas HPUD is organised on the first of every month and LPUD is done on the 15th of the month. I have been participating in LPUD since the beginning and it's been two years of journey for this fantastic community initiative. I was powering up Leo tokens even before this event, but I was not consistent however now since the time I started participating in this event I can see a significant rise in my Leo power holding.
Why it's good to participate in LPUD
As I only mentioned I was powering up even before this initiative, but I was not consistent, and this is why my Leo Power has not grown much. I have been participating in this event for the last two years and in this duration, my Leo Power has grown significantly. I was not even holding 5000 Leo Power two years back when this initiative was not around but now, I hold over 25K Leo Power. All thanks to this fantastic initiative called LPU D because it helps to build the LP stake. I am glad that I am one of the participants and I can see many more lawyers doing great by powering whatever is possible for them and together we are reducing a lot of tokens from this circulation through the staking. This is why I believe that it's great to participate in LPUD and with consistent participation you can see your Leo power growing significantly.
LPUD is on 15th
This event L P U D is celebrated on the fifteenth of every month and today it's the 9th of July which means we are approaching LPUD which is less than 1 week from now. It's a monthly event and I try to power up as much as possible on this day sometimes I also buy the token from the market whenever I see that there is a good buying opportunity. I confirm my participation in the upcoming LPUD which will be happening on the 15th of July as of now I am not sure of the amount that I am going to power up but surely it is going to be a good one and I will try to make it as big as possible.
(source-AI created image)
In a way, I can say that by participating in this event we are doing the monthly DCA for Leo because we are adding more tokens to the holding and although it is not happening daily but certainly happens in a month. Leo token is undervalued but if we look at the utility of the token then it is great, and I believe that we will see a significant rise in its price over the period hence it is the time when we need to build the holding as much as possible.
Participation Prize
Keep an eye on @leogrowth post as they will share an update about the prize for the participants and this is another nice part of the event. I have won this reward multiple times in the past but now I'm not eligible because I have crossed the threshold however there is always luck on your side so if you are lucky enough then you might win a bigger price but don't worry because there is a price for bad luck as well which is sponsored by onealfa and it's also cool.
The countdown is on for the event, which is less than one week away, and I hope to see more participants participating in the event because it's a community event and together we can make it even bigger. The kind of rewards that are distributed among the community members is amazing and trust me if you are like enough then you are going to enjoy those rewards for the time you have got, and it will help you post your overall Leo holding.
Thank you
Posted Using InLeo Alpha
'm participating in every lpud but this time i have a very less Leo token to powerup, so i will not participate in this month..
👏 Keep Up the good work on Hive ♦️ 👏
❤️ @reeta0119 suggested sagarkothari88 to upvote your post ❤️
Can't wait, will be participating in it for sure