Hi @khursheedanwar

You have written well about the topic. Staking of the Steem or in other words powerups helps us to gain more benefits in the ecosystem. By interacting with other users we can motivate the other users to produce more quality content.

The more the steem power you have, the more you have chances to earn curation rewards.

You are right thats why the Steemit team encourages the users to power up their earnings so that the platform and the user both got benefits.Along with the curation rewards the worth of the Steem token also increases beacuse if more users stack them there will be less demand and more supply that results to rise the prices.

You have done a good job. Thanks for sharing I wish you success in the contest.