POWERUP DAY - ADDING 150 HIVE TO STAKING FOR THE POWERUP DAY

in CCS16 hours ago

Hello there

How are you all? I hope you are blessed and well. In today's post, i will talk about the Hive Power Up Day, which i am going to participate in to stake some Hive and take part in the Hive Power Up Day.

HIVE POWERUP DAY


FROM HIVEBUZZ

It was the first day of October, and on the first day of every month, you can power up some hive to take part in the Hive Power Up Day. However, I am a bit busy these days, so I am not giving time to write a post, but soon I will come back to routine. The power-up increases the curation rewards and upvote value, which is a type of investment that earns for you, and soon, I will have 60k Hive power. My target was to reach 60k Hive power at the end of this year, but the consistency broke recently so it is a bit difficult to reach there, but I will try my best to make it 60k at the end of this year.

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Here you can see the transaction of adding 150 Hive to staking, which increased my total Hive power stake to reach 56k Hive power. There are 3 months remaining in this year, so that will take 1350 Hive to stake and reach the 60k HP. Let's see if I can make it. The amount of hive i powered up is not that much, but still i have done my participation even i did not write a post in the past week, so I converted all the available HBD to hive and took participation.

Well, the Hive power gives you more influence to curate posts and earn 50% of the curation rewards. The staked Hive also helps the platform to lock most of the Hive for a period of time, and takes some weeks to unlock, so currently the Hive price is very low and a good time to grab it and stake it for a long-term goal that will definitely grow your account to earn more Hive from curation. When the price goes up, you can convert it to HBD, which is a stable coin of this platform, and you can earn 15% APR on savings, which makes this platform and your investment safer.

Well, in the upcoming bull run, the Hive price may increase, so I will start powerdown to hold some liquid Hive, and when the price goes up, I will convert it to HBD, hoping the price reaches $1, then it would be awesome, and then i can easily pay my debt, which i lost in trading.

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Well, got my PowerUp Day badge for this month and just saw that 306 users participated in the Hive PowerUp Day, which is quite interesting that many users are prefering to the PowerUp and staking hive.

Thanks for visiting my Blog

Best Regards @moeenali

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