IMPORTANT | Clarifications of doubts about #club5050 | How it can play a vital role in the betterment of steem Economy?

Hello Everyone!

Today I am goona make a detail post about the #club5050 and who can use this tag in their posts? Well, #club5050 is not foreveryoneone unless they make powerups and the powerups which are equal to amount of steem you cashout from your wallet.

For Example;

If you got 4.2 SBD from one of your post then you must powerup atleast 2.1 SBD or the steem equalient to it. To be consider in the #club5050 you must keep the 50% ratio with all your earnings and if you are powering up less than 50% then your Powerup will not be considered in #club5050.

Here is an example with a simple calculations through which you will get the idea of what amount you should powerup.

You can Powerup more than 50% and through more powerups you can join the #club75 and #club100.

#Club75 tag is specified for those who powerup atleast 75% of their earnings and they automaticly join the #club75 and can use the tag #club75.

#club100 tag is specified for those who Powerup 100% of their earnings and join the club100 and only then they are able to use the tag #club100.

Can everyone use #club5050 tag in their posts?

Obviously NOT!!
#club5050 tag is only specified for the users who Powerup atleast 50% of their earnings and it is said by the steemit team that there is no need to make a sepereate post for your each powerup so, you can easily use the tag #club5050 in your posts, the team will visit your profile through the tag and check your wallet from last 7 days and if you are really doing Powerups regularly and if your post is worthy and good enough you can get a chance of getting vote from the curators but not guaranteed .

Here is the deatil post from the steemit team if you still have any doubts.

Remember it is not allowed to use the #club5050 unnecessarly because you can distract the team from their work by misguiding them with the tag, only those who really power up and Power up 50% of thire earning can only and only use this tag in their posts so, please do not waste your on time giving unneccessary tags to your posts nor the curators time.

How #club5050 plays a vital role in the betterment of steem Economy?

We all know that the economy of a platform depends on the funds that are saved of deposited in it, by powering up more in the #club5050 we are not only making our own prifile better and worthy but we are also leading helping hand in making the steem economy better by locking up our steem into the platform.

If there is more steem locked in camparison to the market there will be less steem in market which will eventually increase the demand for steem and that will lead the price to go up because we know that this is a simple market theory of demand and supply, If there is more demand and less supply the price will go up.

How does it benefits you?

• The first benefit is that if the price goes up, then you can earn a really good amount of money from the steem you are holding in your wallet (50% of your earnings) because with increase in price, the value of your steem holdings also increases and you get double benefits.
• Other great benefit is that when the price goes up, the value of the steem (50% of your earnings which are you Powering Up for the #club5050) in your Power will increases and eventually by voting other you will get greater curation rewards with it.

So, its totally a WIN WIN situation !!