Posts

This is why Power up is a Good Habit to follow

avatar of @alokkumar121
25
@alokkumar121
·
·
0 views
·
3 min read

It was Leo Power up day yesterday and I just the way people have taken part. To be honest I have not seen this kind of enthusiasm before and I must say that this is good for the the community. Projects rely on the community and how people support the project. Doing power-up is a good habit to follow and this way more tokens are staked which surely reduces the selling pressure from the market and the project team need not worry about the market. They can focus on many other things that can contribute to the development of the project.

LPUD is an event that is organized by LeoFinance and this is for the leo community only. I am not sure what the real statistics are but some of the things that I have noticed are really amazing.

  • Community has been trying to share more awareness about the LPUD and confirming their participation which shows the enthusiasm of the community.
  • I have seen so many posts of LPUD and this is another plus that people celebrated the day like a festival.
  • We can see the long-term commitment by the community because people who is take the tokens believe in the project and have a long-term commitment.
  • Leo token price is low these days but this way I expect that the token is expected to grow significantly for the period of time.
  • I'm pretty sure that the reason behind this initiative is to bring more people forward and show their commitment to the project while accumulating more tokens for the long term. The kind of associations I have seen in the last couple of months true power up clearly shows that people just love to be part of the initiative every month which shows that the initiative has been doing good as expected.
  • it's obvious that not everyone will be rewarded but the important part is that people are more interested to be part of the initiative and power of the tokens despite the fact they are eligible or not eligible for the rewards.

Certainly getting rewarded is something that everyone likes but what matters the most is that when more people do the same action on the same day makes a difference and I can see the difference made by the community on this Leo power-up day. This initiative has been helping us in two ways- First, people have started accumulating more tokens I know they are planning long-term association with the Leo finance project which is good and surely needed. Second, people, who have been powering up with a small amount after Leo tokens have now started increasing the power up and I'm also the one who started following the second option.

I believe that power up is a very good habit to follow because this way we are helping ourselves to have better holding while showing the commitment to the project for the long term and things that are planned with a long-term mindset bring a significant outcome for sure. So thank you so much everyone for doing what you have done today because it is really making a noticeable difference and I'm hoping that in the coming event again we will make it even better. Together we can make a difference and that's what we can see in the coming months happening here. So do power up as much as you can in the coming event and with more stake of course you can earn better rewards through the curation and more support to the community.

Thank you

Posted Using LeoFinance Beta