Joining Cent Power Up Day

in LeoFinancelast month

hey, welcome back!

Every 10th of the month is #cent power up day - #cpudday.

@anadolu explains the rules and benefits here Link

As I love this project and definitely feel that people are sleeping on how amazing the specifics of the delegating rewards are in reducing portfolios risk - I wanted to join in a little bigger this time.

Today my contribution to the cent power up day is 52k Cent. Which I delegated to @centtoken to earn weekly HBD rewards (same features for #LEO, #POB !) you will earn a minimum of 15% APR

So why is this exciting?

  • risk management! imagine we get a bull market market and you only have x cent. If the price goes up - your worth increases but you have to sell to capitalize it. If you keep holding too long you might lose out and realized nothing. Selling would remove the upward potential. Using the cent delegation feature. You still have the upward potential, but you earn 15% apr calculated on the weekly spot market value (so your portfolio risk is significantly reduced) - even if the market goes bear 2 months after the bull - you still earned from it!
  • Cent power up day! With this batch my cent power (and curating rewards will be higher than without participating) I delegated out 200k cent. But due to the day specific benefits my cent power will be 260k which will boost my returns further!

Below my screenshots aswell as my current cent position delegated to @centtoken


Happy power up day!!

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