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There are a large number of "Power Up days" on Hive, with the largest bring hive Power Up Day (HPUD) and Leo Power Up Day (LPUD). The basis of a powerup day is simple, with "power up" referring to staking the token or cryptocurrency. Why do we engage in Power Up days?
Powering up tokens and cryptocurrency takes it out of circulation and locks it down. The idea is to buy the token on the market to increase demand and lock it down in a staking protocol. Hive uses DPOS, and essentially this power up day template is designed to build community and support the price. Price follows volume and supply/demand so this principle makes sense.
You should participate in PEPE Power Up Day to support the price of PEPE on Hive Engine, add more rewarding power to the prize pool for those who use the #pepe tag and to build Community. Tomorrow is that day and every Friday is a power up day so be ready. Buy some today and tomorrow and make your post with a meme, gaming post or something you're passionate about. I will be voting on PPUD posts with multiple curation accounts so be ready to enjoy it 🐸💯💯💯
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Feels good man 🐸
