6th HPUD This Year!
Hello Hivers! 🚀 😎 🚀
A new month has begun, and here we are again on another Hive Power Up Day.
Starting the month is always a great time to get something done for yourself and for the Community. One of the best things you can do on our blockchain is to increase your Hive Power. When you increase your Hive Power, you also contribute to the growth of the entire Hive blockchain.
And Hive Power Up Day is a great way to do that. HPUD, the 6th this year, gives you that opportunity, as it does on the first of every month.
You receive certain benefits for powering up on the first day of every month, but you can power up whenever you like.
Read on!
More than four years ago, @nickyhavey (kudos to him!) highlighted the numerous benefits which still hold true today:
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.
Did you know that more than $6,344,255 in curator rewards were distributed on the Hive network in 2023? Source by @geekgirl.
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/staking!
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!
When, if not now? Today is the day!
So, there's no reason not to do the Power Up!
...but...but...
How to do Power Up?
It's still quite simple in all Hive blockchain front-ends.
You need to go to your Wallet >> Power Up, put the amount you want, and confirm the transaction via authorization services aka Keychain or HiveSigner.
btw: More detailed explanation How To Power Up In Ecency
Looks good, but I don't have any Hive for HPUD!
Do I need to buy Hive on Binance or somewhere else?
Not!
On the @ecency website https://ecency.com/market#swap, you can easily SWAP your free (not staked) HBD for Hive! No fees!
This is a friendly reminder again:
Increasing your Hive Power benefits your account and strengthens the entire Hive blockchain. Yes, that's right! Your contribution is vital in powering up the network and making it more resilient for everyone.
Power up your Hive Power today. Your support can make a difference!
Thank you for your attention.
The front image is mine, created in NightCafe Creator and edited in Photoshop using Hive brand assets.
And here's something else:
There has been a lot of development in Hive core, but documentation is outdated, and updates are needed. So I invite you to support and vote for Hive devportal updates proposal.
Support and vote for those exceptional witnesses:
@good-karma, @liotes, @fbslo and @detlev.witness.
NFT Showroom
3Speak Channel
Photo Manipulation
Beer Tasting
New Tunes
Foodies
Wow, I didn't know too much about the benefits of increasing Hive Power It seems like a great way to not only support the community but also earn rewards over time. Definitely something worth doing a lot... I basically Power up every Hive I earn
Hive is a complex ecosystem. It has everything the big ones have, and you need time to learn. It doesn't happen overnight.
You're right dearest friend it really doesn't happen overnight indeed.. thanks so much for the advice and comment
You're always welcome! 😎
!LUV
Congratulations @seckorama! You received a personal badge!
Wait until the end of Power Up Day to find out the size of your 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 our last posts:
Thanks for the training and letting us know the benefit of HP
Happy power up day to us all
Happy HPUD to you, too.😎
You are doing a great job with the powering up of hive. Keep it up. And there are so many benefits like the ones you listed, plus it helps the ecosystem. Happy. HPUD to you too. Thanks for sharing and have a great weekend.
Thank you. I've been doing HPUD regularly on the first of every month for the last three years.
Hello dear friend @seckorama good morning
What you say is very true, doing this every month is very good for the growth of our company, congratulations on the sixth month of the consecutive year growing your voting power.
I take this opportunity to wish you a great weekend.
Wish you great weekend to you, too, @jlufer. I have been doing HPUD regularly for the last three years.😎
Congratulations @seckorama! You received a personal 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 our last posts: