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The basic principle behind it, is to lock up Steem into the ecosystem, because it has a positive impact for the value.
Prizes are incentives for participating.

not that I have a lot to get excited about. :-)

Even small power ups are encouraged.

For the next one I will probably make an announcement post. Every month these run.

Thank you for the inquiry, and for stopping by my friend Vincent.
I hope you're having a nice Sunday.

Thanks for taking the time to explain. I am not the brightest when it comes to finer things as such.

Have a great week ahead.

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