There's Still Time To Be Part of the January 2023 LPUD Event


There's Still Time To be Part of the January 2023 LPUD Event

It's the 15th of the month. You know what that means. There's still time to be part of the January 2023 LPUD event.



Cover image made using SVG, with light edits using MS Paint.
Screen capture comes from LeoDex, with edits made using MS Paint.


Technically, every day is Power Up Day-- nothing stops us from powering up whatever tokens we have no matter the amount. While this is true, some days are more special than others.

This is the 10th edition of a monthly event begun by LeoFinance in Summer 2022: LPUD, where LEO is powered up event-style on the 15th of each month. 150 LEO is needed to qualify for the LPUD event.

I'm Not Ready for HPUD (Yet)

Traditionally Hive PUD takes place on the 1st of each month, and it takes a some minimum amount of HIVE to qualify for this event.

Taking part in HPUD is currently out of reach for me. Oddly enough, I had aped into an HPUM (Hive Power Up Month) badge by posting notable quotations on index cards daily to LikeTu for a month and claiming rewards as 100% HP.

This should be my 3rd consecutive HPUM, but due to a faulty mobile hotspot I was out of commission for 2 or 3 days begining on (of all days) Christmas Eve. So I'm back at Square One on the Hive/HIVE side

LPUD for Me-- "I Can Do"

When I discovered LPUD, I saw that I could participate in it. What I hadn't expected was that there would be months where I could not participate.

I qualified for the January 2023 LPUD Event, and this makes 2-in-a-row for me:


2023-01-15 LPUD for @magnacarta
Click to view full-sized image

For that reason, my LPUD objectives are modest:

  • Have enough LEO to qualify for an LPUD Event; and
  • Do 3 consecutive LPUD events (Streak is at 2).

When I can get a track record for myself, then I will raise the bar for my own LPUD goals.

Why Power Up at All?

Powering up-- no matter how or when-- is how we increase our voting power. Voting power is how we increase the upvotes we give to others, and it's how we in turn receive greater earnings from the upvotes of others.

This is true for HIVE at the base layer, and it's true for all Hive Engine tokens at Layer 2, especially LEO.

Just as people of another time placed money into savings accounts to earn several percentage points of interest (unlike the virtually zero percent it's been for at least 10 years), powering up our tokens has the same effect.

Why Power Up on Power Up Day?

On top of this daily powering up of whatever amount we can manage, Power Up Days offer extras to its participants.

In the case of the January 2023 LPUD Event, we can expect the following:

✔️ Delegation Matching Power Up

Just as for the December 2022 LPUD Event, for each qualifying power up there will be a matching delegation of LEO Power lasting 3 weeks. This gives a boost in for both authors and curators, and who doesn't want that? We all win in this way.

✔️ Huge LEO Power Delegations for Up To 10 People

For some lucky participants in the January 2023 LPUD Event selected at random, huge delegations of LEO for 3 weeks will be awarded:

DelegationSponsor
10K@edicted
10K@investing-dude
10K@bitcoinflood & @anomadsoul
8K@leomarkettalk, @taskmaster4450 & @lbi-token
8K@alexvan & @leogrowth
5K@jongolson & @mcoinz79
4K@steemstreems & @forexbrokr
1K@whatsup
1K@scaredycatguide

✔️ And Then There Is The SUPER Bad Luck Prize

The Bad Luck Prize took a break for the December 2022 LPUD Event, but it's back with a BANG‼️ in January 2023-- the LPUD SUPER Bad Luck Prize awarded by @onealfa to one lucky Leo/Hiver who has qualified for at least 3 consecutive LPUDs and followed the rules each time yet didn't win one of the standard prizes.

Standard LPUD rules must be followed in order to qualify for The SUPER Bad Luck Prize. Then the SUPER Bad Luck Prize rules must be followed.
Just as for previous LPUDs where he was able to participate, @onealfa adds these rules for the Bad Luck Prize:

👉 No LEO power-down for any reason from June 6th to the present;
👉 1+ long form blog post(s) at LeoFinance each month featuring LPUD, objectives for that month's LPUD, and reasons for promoting LPUD. It is vital to include the #LPUD tag in each such post.

Before December 2022, the Bad Luck Prize awarded by @onealfa was a 60K LP delegation for 3 weeks. For the January 2023 LPUD Event, it will be higher. How much higher? In a thread posted 2023-January-14 from his @onealfa.leo account, he gives us this hint:

Let your imagination go wild.
Think of what TORUK is capable to do...

(Link in quote added. Domain changed due to rendering problems.)

Did You Know There Is an LPUD Badge?

I didn't know this until recently. I thought the badges were only for Hive PUD, but LEO PUD has them too!

While we shouldn't participate in LPUD just to get a badge, it's good to be recognized for our contributions to this and other LPUD events.

Why Promote LPUD?

LeoFinance can always use promotion in order to onboard more Hive account holders. Stated or not, that's always a consideration.

This is also good for Hivers and the Hive blockchain. It means greater distribution of the HIVE tokens and the HBD stablecoin. It also means an increase in Hive Power, which is good for all of us.

Promoting LPUD (and, for that matter, HPUD) is also a way to build bonds between our fellow Leos (and Hivers). Those bonds will be important in good times, and more important in bad times.


There's Still Time--

The 15th of January is running out for some people, but enough of the day remains to take part in the January 2023 LPUD Event. Even if it's your first LPUD, it gets you closer to qualifying later for bigger prizes. Power up your LEO today.

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