Hive Power Up Day - May 1st 2021 - Hive Power Delegation
The Hive Power Up Day (PUD) is taking place on the first day of every month and the next one of 2021 will occur in a few days, on May 1st.
Since August 1st, HiveBuzz supports this initiative which allows you to collect Power-bee badges if you participate in the Hive Power Up Day.
1. The Power-Bees levels
The more HIVE you power-up on Power Up Day, the bigger your power-bee.
2. The Power-Up Helper
The Power-Up Helper badge was introduced in the previous edition and allows you to get one more badge when helping others to power-up.
For more information on this, read the announcement post.
Since the beginning of this year, we reward regular participants and those who have also been generous in helping others by providing them with a 3 weeks Hive Power delegations!
We want to reward commitment and consistency and to be eligible for a delegation, you must have completed 5 successful power-ups in the last 5 months.
The amount of HP delegated is calculated according to the following criteria:
- The levels of your power-ups (ex: you made two "level 3" and three "level 5" power-ups).
- The number of people you helped to power-up and the amount involved.
The higher all the above-mentioned values, the higher the delegation you will receive.
Last month, we delegated 3616 HIVE to 102 users. Hopefully the total number of participants and power-ups performed will increase again this month so we can see the HP we will delegate going higher as well.
How to get your Power Up Day badge?
You will have to power-up HIVE on the 1st day of the month.IMPORTANT:HiveBuzz will use UTC date and time to validate when your powered-up. Therefore, check your timezone and convert your local time to UTC before powering up! To help you not miss the moment when you can do your power-up, we added a countdown to our website.
Power-up at least 10 HIVE. This will entitle you to the smallest power-bee. The more HIVE you power up, the bigger your power-bee!
You don't have to power them up in one step. All the Hive powered up will be counted together at the end of the day.
Strictly follow these rules and this badge will be on your board!
The badges will be distributed to all successful participants at the end of the Power Up Day.
Why participate in the Hive PUD
The first reason is to have fun and get a badge!
And here are some other great reasons to power-up your HIVE:
- Strengthen your influence on the blockchain with stronger votes on content, proposals and witnesses.
- Earn more curation rewards. The more Hive Power you have, the more you can potentially earn back
- Earn "interest" by holding Hive Power. You will also earn HIVE passively at about 3% per year of what you currently have powered up so the more HIVE you have, the more you can earn from just holding!
Finally, several amazing members, like @victoriabsb, @traciyork, @fionasfavourites, @cmplxty; @hiveph, @improv, @jeanlucsr, @livinguktaiwan, @naturalmedicine, @r1s2g3, @theycallmedan, @eddiespino, @aliento, @walterjay, alokkumar121 and others, are offering prizes that include delegations, Hive giveaways, and other cool stuff to the Hive PUD participants.