BRO token is the hidden GEM of HIVE!

in LeoFinance2 years ago (edited)

I joined the Mancave about a year ago and I'm known to be a bear. I would complain about the investment and the dividends sucking. Yes I readily admit I can be a FUDster.

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The truth of the matter is I bought at 2 Hive, then at 3.5 Hive. Right now BRO is averaging to sell at 6-9 HIVE. So if there is a enough market volume I would have more than doubled my investment. But I'm a BRO and identify with the group more than strict monetary value. It just seemed to work out nicely both ways. Dragon's in this space have become acquaintances and even friends.

As Brofund grow's, the drips for different tribe tokens are continuously going up. BRO in many way's was a major HIVE Decentralized Finance initiative. I didn't really realize it at the time, but now it's simpler to see. ARCHON which gives you drips but didn't realize it's worth. Now I see Archon's worth. I now power up ARCHON! I didn't see the compound gains up until recently. DHEDGE is as well a pretty cool drip which I'm just starting to get attracted too.

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Circled are the current Dividends from tribes and tokens I do not usually take part of. Here is an example of how you can multiply your token wealth. I buy BRO and say I get ARCHON. ARCHON has DAILY token drips as well!

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Archon as well gives you drips in DHEDGE which also gives you dividend drips! So just by buying BRO I can receive 2 tokens that also compound in many other tribe tokens!

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Now just as you thought I was done, I'm not! BRO has now introduced BROFi. So in a nutshell you can delegate your well valued tokens to @brofi. Here is an example;
I have 5000 LEO tokens powered up. Even if I were to self-vote I would get a 0.33 LEO return. Since I have delegated EVERYTHING I could to BROfi I now get a 0.77 LEO upvote. I guess it averages to about the same even though self upvotes are not always welcomed. Ok so it's not really a loss if I delegate my funds although my curation can go down.

But what do you also get when you delegate?

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You get BRO drips! I just outlined how much you can get back with BRO and now you can earn BRO and continuously compound your gains. I think this is amazing, and a great opportunity for anyone on Hive who loves any tribe token to get in on Decentralized Finance. Get the BRO before it's 22 HIVE each!

Just for your information MORE tribe tokens are being added this month for dividends!

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Join the mancave Discord for more info:
https://discord.gg/

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Archon as well gives you drips in DHEDGE which also gives you dividend drips! So just by buying BRO I can receive 2 tokens that also compound in many other tribe tokens!

I had not considered this aspect.
I have 12 BRO and I really regret not buying 1000 when the price was only 4 HIVE :(
Thanks for this info
!BEER

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Why should it deter you now. You can at least earn BRO by delegating to BROFi and earn BRO w/o having to buy it. The funds made from BROfi are used to BUY BRO back so you will eventually see BRO just keep going up ;)

I still a n00b. I didn't understand anything you said. I will have to read it again tomorrow. :)


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in lamens terms you can make more crypto with your crypto!

That was about the only thing I understood from the whole post. :)

Is there also an explanatory article about BRO (token)? I mean how to get it, what to do with it, how to use it, when one's able to tip it, etc. Lots of questions, I know... !LOL !CTP

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You might want to visit the profile of the issuer of the BRO token who is @raymondspeaks at https://peakd.com/@raymondspeaks to see his posts about the token's mechanics and updates. 🤓

I'll take note. I've read something about delegating HP to @brofi
Do you think it's worth to do delegate HP with the little HP I have? What are the benefits and disadvantages in growth? !PIZZA !CTP

It's hard to tell whether it is worth it for you to delegate Hive Power to a particular curation account, because you could have interests that differ from many others. 🤔 Anyway, I suggest that you delegate to the @brofi account only if you like supporting their project and earning some BRO tokens, regardless of the ROI. 🤓 #NotFinancialAdvice 😅 !PIZZA !CTP

With so many "projects" it might be not baed to satart to look into the ROI every now and than too, I think... For the rest I'm happy to support everybody! !LOL I'm not the creative guy here and I admire all these people that are more creative than me !PIZZA !CTP

Most of the ROI values of tokens change a lot based on how much their project earned during the given day/week/month (or any other given period of time). 🤓 That's why I suggest that you give a higher priority to how much you want to support a project than how much you can earn from supporting the project. 😏 #NotFinancialAdviceAgain 😅 !LOL !CTP

OK, I understood, and anyway will support as many as possible! Cheers !BEER

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If you like BEER and want to support us please consider voting @louis.witness on HIVE and on HIVE Engine.

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Did I miss the train?
Can I buy some?

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nope it's still relatively cheap

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Brofi is a very neat idea, and price is still low considering CTP, VUB, lotus, Vibes dividends coming out and may the the marketing strategy input if that goes to success. So this still under valued. I can sell for 8 hive and earn around 4x, but I want to hold till stage that my daily dividend is too much for me.

Am I missing something? How do i delegate the hive engine tokens? Through PeakedD and LeoFinance I'm only really seeing the option to send them?

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