RE: Why HPUD Is So Important

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are there any rewards for powering up on this day or is it more like a pat on the back and everybody says "good job" ? :)

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There are rewards in the form of delegations, SBI shares and maybe even some HIVE. It incentivizes people to power up but you won't be able to reach the top rewards unless your HP is low since it is in porportion to your HP before the 1st.

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I am not sure if the HPUB committee (or whomever is behind it) provides incentives.

From my perspective, the spotlight on this topic is the most valuable part of the entire process.

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