Leogrowth: Who's ready for LEO Power Up Day? - Gunning for 1k LEO Power Up

Grow your LEO Stake with Regular Power-ups

Days ago, I shared how to maximize your lean Budget with LEO Staking/Curation which would return over 23% APY (4% staking rewards and 18% curation reward). Specifically, it was analyzed that an initial 10,000 LEO stake today which is worth about $900 would be worth about $10,980 in the next 12 months.

My analysis has it that investing $900 in LEO staking/curation may yield $10,980 in the next 12 months. That sounds unbelievable right? May be or maybe not. It could be worth less and even more than my projection due to the volatility of crypto.

Reaching 10,000 LEO Power may not be as easy as it sounds, especially at this season where crypto is dipping. Pooling $900 or so may be a difficult thing to some persons though others may have it gathered at a finger's snap. I have grown my LEO stake from the scratch, that, I mean from 10 LEO Power to 20 to 100 to 500 to 1k and more and it wasn't done in a day.

I maximize what I call the Drop Strategy in investment, an inspiration I got from a faulty tap that drained a whole 2k liters of water from an overhead tank. This strategy involves powering up the amount of LEO you earn or are able to purchase at a regular interval. That is, you may decide to power up all of your liquid LEO in your wallet every Monday not minding how much they cost. I used to do that weekly and I also maximized the Hive Power Up day (HPUD) which is celebrated all over Hive on the first day of each month.

Some people are very comfortable with the popular Dollar Cost Averaging (DCA) where you stake a certain dollar worth of LEO on a regular interval till the target is reached. Whichever method you choose, is certainly fine, as long as consistency is your watchword.

However, to make it more exciting , it is better to join the league of other Hivers to maximize the #hpud to power up your LEO. This means that on June 1, you would power up any comfortable amount of LEO into LEO Power. This exercise may come with rewards like upvotes if you share your thoughts about it and probably even earn some liquid token rewards.

I will personal upvote all entries shared in the comments section of my post on June 1 with all my hive-engine token stake which is worth about $1 in upvote value. Details would follow on June 1.

Why you need to power up your LEO?

Everyone that is a year old on the Hive blockchain would understand the benefit of staking your HIVE and Hive-engine tokens like LEO. Powering up a token on Hive gives you influence in the community in sharing rewards and perhaps in the governance of the community. In some cases, the stake you hold in a token qualifies you for some freebies.

I remember in 2021 when I got airdropped $350 worth of $CUB based on my LEO Power. More of such airdrops would come in the future. I would enlist a few reasons why you should power up your LEO.

• It helps you save up your LEO into the future for a better price sale.
• You earn staking curation rewards amounting to 23% APY and more.
• You would qualify for BLANK airdrops when time comes.
• You would have a voice in the governance of the LEO ecosystem.
• You would earn some LeoLegend NFTs in the sooniverse

I'll personally would be adding 1,000 LEO to my stake on June 1. A good proportion of the tokens is Khal's sweet LEO earned from engaging posts on leofinance.io on daily basis.

Reading the LeoFinance Vision would inform every user of the future of LEO and how it is important to grow one's stake as LeoFinance is advancing to take a centre stage in the cryptoverse.

As we approach a new month, all new users of the LeoFinance community should do well to read this post detailing the First things New Lions should do.

Don't wait to regret why you didn't grow your LEO stake three months from now. Join the LEO Power Up Day (LEOPUD) on June 1, 2022 and you'll be glad you did.

Take responsibility for your Financial growth. Power up your LEO!

What is LeoFinance?

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

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