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I'm reaching 70k LP on this LPUD

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@anomadsoul
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3 min read

One of the best advantages from being part of a semi-centralized community on top of a decentralized blockchain, is that you get all the benefits from the blockchain - transparency, immutability, uncensorability, tokenization and security - with the pros of having a team that pushes, boosts, and supports the initiatives that aim to better the ecosystem, both from the team and from the community.

One of these initiatives is the Leo Power Up day

This initiative was created by @leogrowth and supported directly by @khaleelkazi, head of @leofinance in the form of delegation prizes for the winners. On the very first edition of LPUD, the Leo Finance community members rallied behind this initiative and added a lot more delegations to reward more Lions for Powering Up some $leo on the 15th of each month.

Currently, the delegation pool from the community is almost as big as the main prize pool, that amount alone reflects how engaged and committed the Leo Finance community is to pushing for a healthy, organic and continuous growth.

#lpud has become an initiative that all the Leo community knows about and many look forward to, to a point where even if the official announcement from @leogrowth didn't exist, LPUD would be huge. The Leo Power Up Day is self-sustainable now, and the very same community that made it a thing by participating is now in charge of spreading the word about it month after month.

Self-sustainability, that's the goal

This doesn't mean that @leogrowth will stop announcing LPUD every month, it just means that if at any point the team decided to give this let this initiative be a community driven concept, it would thrive as much as it does already, perhaps even more.

But that's the thing, if Leo Finance has a centralized spearhead, the best course of action is to empower initiatives like this one and rally the community behind them.

Who knows, perhaps when Leo Finance is a monster of an ecosystem with tens of thousands of users, the team will launch initiatives and community members or hubs will be able to run them once the foundations are set. The possibilities are endless, and as you can see here right now, a community of 600 users can achieve a lot, imagine what we can do once we double that amount, and now picture where Leo Finance will be once we do a 10x on that userbase.

That's the reason I am so bullish on Leo Finance

The growth is organic, the mindset is long term both from the users and the team, and the loyalty of the current members is astounding. If we can manage to grow the current userbase without letting Leo lose these foundations and we find a way to transfer them to new users, then this community will explode sooner or later. Our competitors will have no chance, especially since Leo is getting so many use cases and options to engage with within the ecosystem.

That's the reason I am already a 60K Leo Token stakeholder, and that's why I am powering up enough to reach 70K Leo Power for this LPUD.

Add to this that the Leo Finance Team is going to delegate the same amount of powered up Leo Power to anyone who powers up on this 15th and well, it's a no brainer for me to make this financial move and become a top20 holder of the token that in my opinion, will outperform every other Layer2 token on Hive, as well as $HIVE itself.

What about you? How much Leo Power are you powering up on December 15th?

Posted Using LeoFinance Beta