Powering Up Tokens to Grow the Economy of the Steem: A Necessary Culture for Every Steem Blockchain and Side-chain User

avatar
(Edited)

It is no more news that Steem Power-Up Day (SPUD) has come to stay and is gaining momentum on the steem blockchain. Today, November 1 marks the seventh edition of SPUD and is tagged #SPUD7.

Many thanks to @Streetstyle for thinking this and persuading the steem Community to accept this initiative. It may look small today, but certainly, the marks of this tiny efforts may yield amazing results in the nearest future.

Maslow foreknew when he created the motivation laws which holds true that when incentives are attached to actions and activities, human productivity can be better harnessed. With the rewards Attached to SPUD, many Steemians are finding it necessary to join the league of powering up their steem tokens on the first day of each month.

Save for a an investment minded steemian and a curation account, powering up is always never an option especially when the system automatically helps you to Power up 50% of your Steem payouts at the expiration of 7 days.

Every user of the steem Blockchain or sidechain is in need for tokens whether through upvotes or as liquid transfers. These tokens are mined by our conscious content creation and curation efforts. We all know how it feels to have a whale upvote on our blogs or being a whale. Reaching that "whaleship" rank on this platform is as a result of a conscious Power-Up of Steem tokens.

Whether all tokens were powered up in a day or was achieved by cummulative powerups of tiny amounts, the truth remains that tokens are consciously staked.

If therefore follows that if we wish to hold some good power which will either make an author smile when we upvote them or make us smile each time we look at our wallets, we must imbibe this Culture of powering up tokens.

As regarding the steem-engine sidechain,it is pertinent that the communities may also look for ways to encourage their users to power up tokens, especially as payouts on SCOT Tribes are only obtained as liquid tokens.

It will be lovely to have developments as:

I decided to cite a few above being tokens I hodl and stake some good quantities.

Why Power Up?

Powering up tokens will literally make the tokens scarce in the market which wi make thr demand more than the supply, thus, a rise in the price.

We all have this singular responsibility towards the growth of this common man's Bitcoin called Steem.

Let us all rise to support this initiative to the admiration of the users of other blockchains.

Keep anticipating the Bull Market!

Posted using Partiko Android



0
0
0.000
1 comments