Why say No to LPUD if there are assured prizes?

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Why not to miss the last LPUD of 2023

I always look forward to every LPUD as it is a great opportunity to stake and grow my leo token stack.

Is the higher Leo price always a good thing?

I feel there are always two sides to a coin. Every LPUD community members buy, earn and power up leo tokens in the hope of winning the LPUD prize.
This means the liquidity is sucked out and the demand outstrips supply.
This pushes the price of the leo tokens up.
In addition as khal @khaleelkazi spoke about the inleo prime subscription that the amount collected from the subscription fees is being used to provide liquidity to the leo - swap.hive pool.
This is another reason for the price of leo to go up.

Leo ads would again contribute to more leo being bought and this makes the leo token more expensive.

This is good for the large bag holders.

If you are a large leo holder then this is a welcome new.
Even for the small holders this is a good news because the LP you hold becomes more valuable and your vote value in $ terms increases.
However when you are buying leo tokens you need more money to buy those 50 or 150 leo tokens.

If I look at my own precious LPUD experiences then I have these numbers to share

In the past 3 LPUD's
I send 7.9 HBD to get 142.923 Leo tokens

8.3 HBD to get 137.818 leo tokens and

the best price I got was when spending 5.4 HBD got me 147.418 leo tokens

source- my keychain wallet swap history

The assured LPUD prize give me great respite

I am so happy to see the assured LPUD prize of 5000 LP delegation.
So when I heard khal speak about it in the last live X space I knew I had to be a part of it before the news spreads and the price of LEO token goes up.

Khal ( @khaleelkazi) also mentioned that he would also be powering up and if he were to go for the 15% powering up it could take the price of leo sky high because not sure if the internal markets have that much liquidity to absorb a quarter of a million demand without shooting up the price of leo through the roof.

Taking a closer look at End of Year Edition special edition qualification

First of all, anyone can join this one, no matter how much LeoPower you have.

This is our way to thank you Lions, so pay attention:

If you have more than 1500 LP, stake at least 15% of your existing stake*

If you have less than 1500 LP, reach 1500 staked $leo tokens.

This makes me super excited and I would be taking part in the LPUD and hoping to win the bad luck prize or super bad luck prize by Mr.
@onealfa
I am not quite sure if the bad luck prize is there for every one or not but I did read a thread from him
https://inleo.io/threads/view/onealfa/re-leothreads-2jrqda8xb

If I win it then it would be awesome.
Is that not ironic that you have to be lucky to win the super bad luck prize?

Since the last few months there are two categories of prizes one for those who power up 50 LEO and the other set for those who powe up 150 or more leo tokens.

I am powering up 150+ tokens
For good luck I am powering up 151 leo tokens

Image from my keychain wallet

Image from my keychain wallet

Post the power up on this LPUD I have 1602.478 Leo tokens staked

Image from my keychain wallet
Proof of staking https://he.dtools.dev/tx/328977798c08c6fec1f3626303befc38b3361de0

This makes me eligible for the 150 prize delegation as well as for assured delegation prize as my initial stake was less than 1500 LP

Here a post by @leogrowth about this special LPUD

Eligibility for the prizes

Normal LPUD
CUB attack: Power up at least 50 $leo on the 15th LION attack: Power up at least 150 $leo on the 15th.

• Your total Leo Power (on the 15th) must be less than 25k.
• You must power up at least 150 Leo on December 15.
• You must not have powered down Leo since August 15.
• Make a post on InLeo about LPUD, why are you joining, what do you think about the initiative, the community or anything related to InLeo (A Thread is not enough).
  Doing so can give you some amazing delegation prizes

List of Delegation prizes

Column 1	Column 2	Column 3
Incentive	50	150
2k from @simplifylife	✅	✅
5k from @l337m45732	✅	✅
5k from @tbnfl4sun	✅	✅
5k from @dagger212	✅	✅
5k from @forexbrokr	✅	✅
5k from @jongolson	✅	✅
5k from @scaredycatguide	✅	✅
5k from @silversaver888	✅	✅
5k from @steemstreems	✅	✅
5k from @whatsup	✅	✅
5k from @bitcoinflood	✅	✅
5k from @leogrowth	✅	✅
5k from @mcoinz	✅	✅
5k from @beststart	✅	✅
5k from @trumpman	✅	✅
5k from @trumpman	✅	✅
5k from @trumpman	✅	✅
10k from @edicted	❌	✅
10k from @taskmaster4450	❌	✅
10k from @niallon11	❌	✅
10k from @anomadsoul	❌	✅
10k from @alexvan	❌	✅
20k from @inleo	❌	✅
20k from @inleo	❌	✅
20k from @inleo	❌	✅

So far my LPUD journey has been very satisfying as I like how my stake is growing over time.

Would I be a lion by this time next year?

I wish I could be however my next target would be to double my LP from my current level and take things one step at a time from there.

Closing thoughts

Do take part in the LPUD and get a chance to win the wonderful prizes and the growth in LP that comes with it.

Posted Using InLeo Alpha

Posted Using InLeo Alpha