It's nice to see LEO POWER UP DAY starting off this month as a new initiative fronted by @leogrowth , set for the 15th of June!
After all the excitement of Cub and PolyCub and their respective bleo and pleo liquidity pools it's nice to see a return to focussing on just plain old LEO.
And TBH the curation return on just Powered Up Leo isn't too bad at all - at around the 15%, which comes in around 50% better than Hive and still a better return than most other 'pure staking tokens'.
Smaller stake holders can win a 5000 LP Delegation
Everyone loves a competition and if you have less than 20K LEO staked and power up at least 200 LEO on the 15th, you'll be in with a chance of winning a 5000 LEO delegation for a month.
There are couple of other conditions - you need to reblog the post linked below and i think you need to comment too. You can find out more details about LPUD day here...including the competion.
Reasons to Power Up LEO (besides the competition!)
- As I mentioned above, the return is pretty good.
- I can't see the price of LEO going much lower - both Cub and LEO are probably at levels where psychologically they are not worth selling (it's maybe PCub's turn to dump next?)
- Powering up is a good way of stacking for the next LEO related initiative, even though that might well months away.
- It also has more of a use case than just pooling it - you can vote and help others.
- And of course there's status and the silly names.
- Once you get to 15K you get a different coloured name in the Discord same again at 50K I believe.
- Leo seems pegged to Hive to an extent, so there's a bit of security there at least. (Maybe?).
So... Join me for LP day, you may as well!