HivePUD ~ 01-Jul-2020
Any time is a good time to PowerUp, but the best time is on PowerUp Day (P.U.D.) which takes place on the first day of each month. Eligible participants vie to win prizes of delegations and tokens. The concept of PUD was conceived by @streetstyle and has been handled by @traciyork and @brittandjosie for the past month.
The official post about the 01-Jul-2020 HivePUD can be found here, and it contains requirements for eligibility as well as prizes:
Not long ago, someone asked what it means to "PowerUp" so I explained it this way:
To "stake" a token or coin means to invest it, to prove your interest in the future of it. The HIVE you earn can be "staked" as a sign that you believe in the future success of the blockchain, and to signal your intent to keep the earnings there for some time. In exchange, those who have staked HIVE will receive dividend rewards on the stake from time-to-time, just as stockholders earn dividends periodically. Those who stake HIVE into Hive Power (HP) also are rewarded with more influence in the form of additional Resource Credits (RC) for processing transactions, greater value on upvotes and curation rewards, and more weight in stake-based matters in the DPOS environment.
I have participated in PUD before, but am no longer eligible for prizes because my total HivePower (HP) is greater than 8,000. But, that doesn't mean that I am not PoweringUp this month — because I did! The following screenshots from my Hive Wallet show the 'before' and 'after' views!
BEFORE:
AFTER:
≈✿≈ Did you PowerUp today? ≈✿≈
😊
to learn more about either of these projects, please visit: @heyhaveyamet or @theterminal
01-Jul-2020
dang you're too powerful now kitty. hehehe
Well, you're an awesome hivers anyway so you deserve that.
keep safe
Thank you! 😊
Day of PUD arrives so quickly, where do the months go. Bee in flight to the Hive very inventive and cute.
And another 1000 in the power pocket , well done i need to go now and do mine SEE YA
In as much as you're not eligible for prizes you still did great by participating.
Wow! That's huge! 😍 And thank you for the explanation about powering up, that my mediocre mind can understand. 😂 I appreciate it.
I didn't realize that you had that much HP, that's awesome! And also providing an excellent example as well.
Thank you @thekittygirl for your support.
This is awesome, @thekittygirl! Thanks so much for supporting #HivePUD and everything you do for the blockchain. It's people like you that make this community such a success! Happy hiving, dear lady! 😊🤗