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It's the first Leo Power Up Day and I'm in!
This has been something that I mentioned in form to @khaleelkazi in the past. It has always been my contention that ROC>ROI. This means that return on community is greater than return on investment but in time will actually create the ROI we all want.
I had hoped to see this on steem. I had hoped to see this on Hive but now at last we have it on leofince thanks to @leogrowth.
My theory has been that delegations from high staked accounts would lead to a developing middle class on the chain that would organically take over the Lion's share (see what I did there?) of the work. This in turn would move the growth forward.
After all we cannot rely on the whales to do everything and us "low staked" individuals can do our part with our time and attention.
So here we are and let's see if I'm right. I have enough liquid Leo to power up 200 Leo and enough for #LPUD two which will be July 15th. Hopefully this will give me enough time to earn what I need to cruise into LPUD 3 on Augist 15th.
If I'm lucky enough to win a delegation I will use it to maximize the earnings of anyone on Leofinance who is "trying". My initial thought is 100% votes down to 80% voting power for as long as I could keep this up. It would result in a haul for me and nice earnings for those I curate.
If I'm unlucky enough to win the BAD LUCK Prize from @onealfa then it will be even more of a windfall for me and those who I serve.
I'm happy for whomever wins but I really hope I get a delegation. I've been a curator on Leofinance since the beginning and it is what I enjoy most. Having more Leo Power over time is my goal so this is exactly the type of initiative I'm here to support.
Speaking of this, there is still time. We have all day! So, get to it! Below are the official rules:
The Leo community is one of the strongest and tightest in the Hive ecosystem, and many of the users with a big Leo stack have chipped in to the prize pool to encourage you to power up Leo!
Five random users who fulfill the four requirements above will get one of the next prizes:
5k LP delegation for 3 weeks from @edicted
3k LP delegation for 3 weeks from @lbi-toke
2.5K LP delegation for 3 weeks from @roleerob
2k delegation for 3 weeks from @steemstreems
2k delegation for 3 weeks from @taskmaster4450 and @whatsup
1k delegation for 3 weeks from @anomadsoul and all the LP from @leogrowth
This means there will be 5 bonus winners, one winner for each prize
Thanks to all the Lions who are contributing to the prize pool, you should go follow their blog!
If you participate in the Leo Power Up Day initiative for three consecutive months - June, July, & August - and you don't win any prize, and you made a post about #LPUD each of those months, then you qualify for the Bad Luck Prize by @onealfa, where he will delegate 60,000 LEO tokens for three weeks to on lucky winner!
Yes, being in a bear market may appear to be bleak to the new members among us but us old timers know how actually magical this time is. This is where the winners win. Bull markets are not the place for new blood, it is the bears that will ultimately lead us to our riches. When hive and leo wake up from the Winter where will you be positioned?
Posted Using LeoFinance Beta
