We have another LEO Power Up day again and this is the first time we have a Power Up event after the rebrand. I'm happy that the name did not end up being too different from LeoFinance. Now there are 3 cryptocurrency related projects with a lion in their logo. The other two are,

• Brave Browser
• Crypto.com

A quick introduction to LPUD can be found on LeoGlossary and @leogrowth blog. The short version is that you can participate by Powering Up 50 $LEO or 150 $LEO before the timer expires. HiveBuzz has a timer you can keep an eye on.

Use HiveTasks

The transaction can be signed with Keychain Extension without having to paste your keys on the website. HiveTask is a wonderful service offered by @fernandosoder which appears to be a fork of @steemchiller's work.

LEO is Cheap Now

One could say that is safer to invest in $HIVE directly as there are many projects being built on top of it. That is a valid approach to invest. But that is not a way to optimize your portfolio. $LEO can offer an alternative that does focus on decentralized social media that can have its own pumps. It could mean a chance for an arbitrage. HIVE itself is not doing a great job with marketing.

Investing in LEO is not merely about speculation. There are added benefits to it. Those with a larger stake can submit more articles to @leo-curation on Threads. In future there will be more features locked by the stake each user have. On top of all that, there will be future revenue sharing from ads. Token burns does help with the price. The problem is that it is not a method to focus on the long term investors in the ecosystem.

Ads come from visitors who come to read articles. Authors are going to earn LEO and they have have it Powered Up. Curators also have their LEO Powered Up. Sending Powered Up LEO straight to these accounts is the best use of ad revenue IMHO. Long term investors are the ones who are least likely to create sell pressure.

You Are Not Too Late (Yet)

All you need is around $9 (or $3 if you are fine with missing out the best prices) to invest in $LEO. If you have Powered Down since January 15th, you will not be eligible. I think this rule should be eased down a little to encourage more people to join LPUD. I think a 6 month of no Power Downs should be sufficient.

If you are eligible, consider Powering Up today. I earn most of my LEO through delegating majority of my HP to @leo.voter account that is used to curate content creators on InLEO.

Best of Luck!

Posted Using InLeo Alpha