Hole Ervin, how are you? Hope all is well.
I will try to summarize everything in a few words.
Hive Power Ventures is a project that started ~2 years ago and whose initial goal was the largest possible accumulation of Hive Power and in its early days the PWR token behaved as a soft-pegged token at the price of HIVE.
That goal has been changing over time and today it is a growth token with a large exposure to ETH among other things.
You can track the project's portfolio at this link.
Some economics:
- No founder, presale, or initial airdrop. Initial token supply was 5K tokens into a LP.
- The only way to mint new PWR is through a Hive Power delegation to @empo.voter which currently pays a 15% APR (this apr is variable but i made a promise to keep it until early 2026 at least).
- From very recently it started paying HIVE dividends apart from a very decent apr to LP's.
- Since ETH has been outperforming lately HIVE, PWR also outperformed. Idea is to make earnings flow over time to holders through dividends and/or buybacks.
- Long term goal is to be a big HIVE ecosystem player and buy huge amounts of HIVE/HBD.
Any questions, just feel free to ask :)
Hey, thanks for your answer, concise and to the point !INDEED
In the meantime I went ahead and delegated a bit to @empo.voter !LOLZ
Good luck and all the best for the long term goal!
!BEER
lolztoken.com
Two white horses jumped in the mud.
Credit: dksart
@empoderat, I sent you an $LOLZ on behalf of ervin-lemark
(1/4)
Just saw :)
Welcome aboard!
View or trade
BEER.Hey @empoderat, here is a little bit of
BEERfrom @ervin-lemark for you. Enjoy it!Did you know that <a href='https://dcity.io/cityyou can use BEER at dCity game to buy cards to rule the world.