Hello all Hive users and Leo lovers...
Its 15th January, so are you ready for Power Up LEO ?
We are in mid of April month and on this day we suppose to power up Leo token. I also stake liquid Leo in our wallet to support the community. With this action I show my commitment towards the project and also increase my Leo Power. More Leo Power in wallet means I will earn more Leo token by curation. I have delegated Hive Power to project to support the project and earn Leo power daily.
My current LEO Power Status
I was holding 9483 Leo Power during the last Leo Power up Day. Below is then screenshot form the last month #LPUD
Below is the screenshot before the powerup. I do not power up after the last Leo power up day but still their is increase of approximation 55 Leo power.
The increase in Leo Power is because of the Staked Leo I am receiving every day as rewards as I have delegated the Hive Power to the project. I have delegated the 1035 Hive Power to the project and I am also a premium member. By choosing the staked option I am received some additional Leo Power.
I may be wrong but as per my knowledge the cumulative APR of my account must be 22% but as you can check form the above screenshot it shows the 16% APR only.
Below screenshot is form last month of power up day and its clearly shown that I will receiving the 22% APR. In terms of Leo Power its slightly more the 3 Leo per day.
But in last month their was increase of 55 Leo Power only instead of 90 Leo power. To be honest I am not able to understand the math behind the calculation. But one thing is very much clear that the 16% APR shown on account at present is not correct. I have posted a thread with #feedback tag and hope will get some clarification form the team.
With todays 151 Leo Power up I have reached 9689.49 Leo Power now. As I have power up with more then 150 Leo token so I am eligible for the Lion Attack category. I am able to power up 206 Leo in total. The numbers are 20% less then the previous month. The reason behind the lesser numbers is the less Loe Power rewards from delegation of Hive Power to project.
Similar to the previous months their will be LPUD badge issued on @hivebuzz by @arcange. Hive buzz is back after almost month long away from blockchain.
The market is down and one reason is the tension between two countries an this will effect the commodity market also. Their is expectation that the oil price will move up in coming days.
The Bitcoin halving will happened in next four days and this is one of the big event in the crypto market. The Bitcoin price was on top few days back but then the dumping started few days back this created the blood shed all around. It will be interesting to see how the market will react after the Bitcoin halving.
Leo token is trading at $0.1091342 at present. I hope for the positive movement but the negative sentiment of market tells other story. Their were some big developments has been happened in Leo ecosystem, the first is the integration with maya protocol and the launch of leodex. The leodex increase the reach of leo to other ecosystems also. The monthly prompt initiative by @leo.tasks also helps in increasing the engagement and the transection on platform. Personally it helps me to improve my writing and create the habit of writing everyday. Although I was absence in the initial day of month because of some real life commitments but still trying to participate everyday.
In case you do not know about the #LPUD then I will suggest you to check the posts by @leogrowth where they explanations that what LPUD is and how to participate. Here is the link to official post
What are your views/plans let us know in the comments section.
Thanks for reading.
Do not forget to check the April Monthly Prompt
This is my participation in April Moth Prompt also.
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Posted Using InLeo Alpha
