Let's discuss DeFi options available on Hive:
- Stake Hive & HBD for Interest.
- Cub Finance (Closely related to Hive)
- TribalDex Diesel Pools. No GAS fees.
- SPS Staking in Splinterlands
Did I miss anything? Which one is your favorite and why?
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Staking HIVE and Saving HBD isn't so much my favorite option as it is my only option for now. After another year I'll be able to take advantage of other options.
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Just keep posting and commenting as much as you can. If possible then daily and I am sure in another 2-3 months you will be able to take advantage of all these options. ✌✌
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Thanks for the encouragement. That's what I'm doing, although I should pick it up a bit on actual posts.
I have a few list-oriented projects I'm working on. Once I get those done I'll post content based on them as quickly as I can. I may be able to mine lots of posts from them, too; I just gave to get them finished first.
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To write consistently, you just need to get into the habit.
Just set a goal to do post consistently (whether that's daily, twice a week whatever) and just stick to hitting that goal.
Before long it will become habit and you wont think twice about it :)
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That's definitely good advice. I need to be more careful when I go down that rabbit hole. When I get a post out of that rabbit hole trip, it's good. When the trip down the rabbit hole turns up empty, that's when it gets frustrating.
I'm good for at least 1 post a week, but I want to increase that frequency. Consistency and focus are keys to that.
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Yea, I've been trying to do that but I slacked a bit last couple of weeks!
I'll try to get back on track next week
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Looking forward to reading them. All the very best.
I love the listicles! Especially on the trending topics. I am also working on a few lists related to blockchain gaming.
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One project involves taking data from Hive Engine and putting it into a spreadsheet to illustrate functions and search techniques. The content will feature Layer 2 Token name, its symbol, its issuer, its web site URL, and its description. Sometimes it takes a while for the Hive Engine page to load before I can do a search on it.
Anyway, once this spreadsheet is done I can use it to generate lists: SWAP.- tokens, Splinterlands tokens, tribal tokens, front-ends, even who issued what token. Besides content for LeoFinance I can generate spreadsheet-oriented posts for my personal blog (unaffiliated with any community or tribe).
Another project involves compiling a list of non-FUD crypto news sources along with short descriptions and even logos. That's more for my use, but I can post the links here as well.
A while ago for the CENT tribe I published a post listing @ 140 imitators of Dogecoin. It didn't occur to me to give a short description or blurb about them, so that's a modification I want to make to post here; that one can wait a bit, but I want to get it done.
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Wow! That sounds like a lot of work. Kudos to you in coming up with these fantastic ideas. I look forward to checking them out once they are completed.
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Thank you!
With about 450 Layer 2 tokens on Hive Engine, the project is easier than I had anticipated. Still, it's a lot of tokens to go through. Half the information I need is hidden by that circled "i" icon indication More Information. A few 8-hour days will help a lot, but I don't have those. I'll just plug away until I "git'r'done" .
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Hey those sound like nice projects! Looking forward to seeing what you will come up with
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That makes 2 of us!!
The way my Hive Engine spreadsheet project is going, I'll be done with it in October. After I have the data, it's a matter of figuring out what to do with it. The Hive Engine posts will be easy after that. It's the spreadsheet/Excel posts which will be harder since I need to edit screen captures and explain concepts. The big difference this time is that Resource Credits won't be a concern.
This is an example of what I joined Hive to post about before I discovered LeoFinance:
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For its the same
For now I want to get my leostake to 1k and then focus on getting my hive stake to 5k before the year ends...
Still looking at SPS. Like you suggested, buy Dec, earn SPS, and stake it. Rinse and repeat
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Sums up everything I guess. As a hiver myself from last 4 years I guess staking Hive will give you long term benefit.
Well, I'm staking HBD, about last month I got 1.2 HBD for holding about 160 HBD in my savings.
Then of course I'm into cub finance as well.
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Also a great idea.
I'm bringing some funds over to stake on HBD savings as well. 10% on very low risk is great in my book
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It's not just great, it's astonishing. Getting to save as a stable coin and earning interest, way too sweet in my opinion.
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I'm holding out for 12%. lol Actually, I'm just powering everything up for the airdrop(s). I'll move into HBD after I'm sure I'm not missing anything.
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That's a smart idea actually. I think HP will be very important in the next few months.
Speaking of which, do you know if having HP delegated to me would increase my airdrop and if having my HP delegated away would reduce it?
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Pretty sure it won't matter but I'm not an expert. Delegated HP is still "owned" by whoever owns it so the airdrops will be based on the owned amount. Again, I'm not an expert, but I am 90%+ sure that is the case.
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Yea, I guess that's the case too
I asked because I want to experiment with leasing my HP just to learn the basics but I don't want to harm a potential airdrop
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That's really cool man. HBD savings is better than the savings account in a bank.
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There are so many terrific DeFi things happening.
Also add this:
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Thanks, Task. Haven't used LeoFi yet but I guess leasing token powers is a great idea. Similar to Splinterlands renting which is benefiting all the parties involved.
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Forgot leofi so soon, I guess I've not even gotten close to exploring leofi.
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leasing out delegation isnt for everyone. However, it is a nice way to make a consistent return. So for those who want to diversify their activities will adding a passive return, not a bad way to approach it.
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Yeah I get it isn't for everyone, I'm just saying it's a viable option especially being that it's another way to put one's stake into use.
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I might try that just to learn how it works because I never done it before
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Speaking of which, have we seen any numbers from LBI on whether they're getting better returns or not? Curious because I've thought about doing it myself. I strictly curate everything manually so if I can make myself some extra LEO by using it, I think I'd like to.
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You've gotta consider that there's more to LBI than just purely comparing your own active curation returns with theirs.
One of the cool things about LBI is that by holding the token, you're gaining exposure to more than just LEO.
Just take a look at the fund's holdings in the latest earnings report.
Hive related:
Off platform related:
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Yes, I get all that. That's why I own over 3000 LBI. :-) I'm talking about the fact that they're in the process of "testing" the LeoFi leasing project to see if by leasing some extra LeoPower at around 15%, they make more than that by using it for curation.
In other words, just for ease of numbers, say they earn 200 LEO a week on 10,000 LP by using it for curation. So, it would stand to reason that if they could lease 10,000 LP for 150 LEO a week, they could do all the same curation and earn 200 LEO - 150 LEO paid = an extra 50 LEO per week.
But, it hasn't really been tested yet. Theoretically, the numbers make sense. But I was waiting to see what the results were before I tried it myself.
The other unknown is how much activity is happening in LEO each day. If I understand it correctly, the rewards pool gets divvied up between all the different curators and authors on a daily basis. So if there is a lot of activity, the rewards for each particular user can be smaller. If there is not a lot of activity, the rewards for each user would be larger.
That's why when you peruse the pending payouts on your posts (alliteration... :-) ) they can move up and down during the day as the algorithm calculates the percentages.
I could be wrong but...that's how I understand it.
Anyway, it is why I'm waiting for the LBI token to give their feedback on how the leasing is working.
@taskmaster4450 may already know the answer but I'm thinking the post should come out shortly in the weekly LBI update.
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How much are your returns on LBI for 3000?
Right now, dividends are around 4.5 LEO per 1000 LBI you hold.
But remember, the value of your LBI tokens is backed by the fund, so their price also goes up.
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Wow, 3k LBI is quite amazing!
I have like 1% of that lol
It's a great project thou, so I do plan on increasing my holdings there
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Anything you have is creating a steady return. By putting forth the effort to accumulate more, it only enhances the entire ecosystem.
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I think the payouts on Hive use a 3 day moving average. I am not sure what they are on the trines but I would presume somewhere near the same.
As for the activity, you are correct. The less VP used on a given days votes, the more valuable. If someone starts vote a great deal of activity from the day before with a large amount, then it can change things.
So yes it is fluid.
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Certainly a lot of reasons to hold the LBI token.
Over time, the goal is to keep things growing. It is slow in the beginning although the returns so far look good.
Give it a couple more years and we will see a very healthy fund.
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I have no heard as of yet. We will have to ask @silverstackeruk what the return is. I think he is doing about 15%.
Either way, it is a part of the total of LBI so not a bad idea to diversify. Plus it is purely passive which is always good.
But you are right the numbers would be interesting to know.
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Yeah, I think the 15% is what he's *paying" IIRC. So we need to make like 20% on the curation to make it worth anything. Hopefully he'll report the numbers this week so we can see. Like I said, I curate everything manually, so if I could earn an extra 5-10% by leasing some LP (or HP) then I would be all for it.
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There is also leasing, isn't there?
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Yes. LeoFi leasing is there. I missed it! 😬
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There is still VFTlab from the musicforlife community.
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Ohh that's true
I staked some tokens there and totally forgot it existed lol
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I like all of them but if I had to only pick two, I would choose number 1 and 2. Why? Because HIVE is the basis for the entire chain and CubFinance because I believe in LEO.
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I learned about HBD kept in savings earning interest part.
But how does one stake hive and where?
Just power up your HIVE and you are good to go. Use your upvote to make more money and HP increases 3% on yearly basis.
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My 100 percent vote has literally no value as of now. What vote percentage do you recommend is a good and at what HP level? like for 500 HP how much one should vote at?
It depends on how much voting you do. The idea is to keep your voting power between about 80% and 100% without ever actually being at 100%. Your voting power recharges around 20-25% per day so the best way to take advantage of that is to vote it down to around the 80% mark and then let it recharge. Again, without ever letting it hit 100%.
As far as how much you should use for each vote....it depends on how many votes you want to give out. I believe that 100% takes up roughly 2% of your voting power. So if you vote 10 times a day at 100%, your voting power would go down to around 80%. If you wanted to vote 20 times per day, you could do 50% votes and that again take you down to around 80%.
I basically try to give 50% votes 20 times per day. I don't have a ton of time to curate so I don't want to go smaller. In the winter when I'm home more, I may take it down to 25% upvotes and try to do 40 of them a day. It really doesn't matter as far as the voter is concerned. If you vote 10 times for 100%, 20 times for 50%, or 40 times for 25%, you're still earning the same amount of curation rewards.
Like I said, the real key is to make sure your voting power never hits 100%. If it does, you are wasting potential earnings because your power isn't recharging from votes you've made.
So, to make a long story even longer.... :-) ... if you don't have much HivePower or LeoPower, you can vote at 100% every time I think, because it doesn't matter. Once you have 500 HP, then you want to pay attention to your voting power percentage and keep it in the 80-100% range as much as possible.
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Well you can power up to increase your curation rewards, lease it for passive income, delegate it... there are a few options
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