Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.
Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.
It is a great way to stimulate engagement.
We can think of this as a Reddit type engagement thread. We are not dealing with long form content so topics of discussion can start off with a top line comment. We can fill in from there.
We are open 24/7/365.
Stay Informed About LEO!
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Let's discuss DeFi options available on Hive:
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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Hey those sound like nice projects! Looking forward to seeing what you will come up with
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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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This is not centered on DeFi but it's a good read nonetheless.
@acesontop talks about Proof of Working Product and how that it's going to be important for solid projects such as Hive in the future.
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The comments do not have to be all about DeFi.
We are trying to get daily topics going to help to solidify the ranks for Leofinance. Our regular discussions, linking, and commenting still needs to take place.
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I plugged this yesterday but it was towards the end of the day so I thought I'd do it here as well.
@brianoflondon's proposal for #PodPing is almost set. He just needs a few more people to support it and it will take him over the number needed. It's literally very close so even small voters can get him over the hump. If you haven't done it yet, find the link in his post here and take him across the finish line.
This is truly going to be another huge feather in Hive's cap down the road.
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In fact, look at the response I got to this tweet. Notice who is it from.
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Nothing like going straight to the top. lol
Last I checked, he's literally less than 100,000 away from the number he posted yesterday. Not sure what each HP is worth in vesting credits but, it won't take much to get him over the top.
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That is really cool. The word is getting out about our blockchain and the building that is going on. I see great things in the near term.
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Without a doubt. He has to get over the Smooth HBD stabilizer or else there is no funds left for @brianoflondon's proposal.
He is doing great work for Hive and is putting at the center of Podcasting Web 2.0.
This is a huge boost to Hive and what is potentially possible.
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It's weird to see the stabilizer act as the cut off point now rather than the return proposal.
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Supporting this proposal is a no-brainer. It will bring immense value to Hive which means it will bring immense value to all of us.
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I just checked, the proposal seems to be funded!
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You didn't read his post, obviously. lol As taskmaster said, he needs to get past the "Smooth HBD stabilizer" or there are no funds left for him. To do that he needs just over 26,118,000 HP. He's at 26,083,000 right now.
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Ahhh! Now I understood it. I read it but didn't get the 'HBD Stabilizer proposal' thing.
He needs around upvotes worth of 35k HP so it shouldn't be a big problem. I will ask a few of my friends personally to vote on this.
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Nice! That's why I posted it here again. I figured we had enough connections to get him the rest he needs.
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He still has a day until it starts. So he should still have some time. But it does look like he is getting closer.
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Done!
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Nice! When I posted this he was around 50k away from the number he needs. Now he's down to 35k. Getting close. If you're reading this and haven't voted, please take two minutes and go do it. Every vote counts at this point...
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My vote isn't huge but they have it!
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He has officially reached his goal. Thank you to all of you who took the time to go vote. I think it will be to the great benefit of us all down the road.
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A couple days late as far as our main topic but this is a great post by @shortsegments giving lots of links to read about how #Splinterlands is blowing up in a lot of different places. 32,000 followers on Twitter! Crazy how far it's come in just the last couple months.
Check it out: Splinterlands: Suddenly its Everywhere!
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Here are this week's Top Trending Coins!
Source: https://www.coingecko.com/
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Bitcoin and Ethereum are perennial members of this list. Also on this list are Solana, Cardano, and Shiba Inu. SafeMoon didn't make the list.
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Looks like $SOL doesn't give a shit about BTC's price pattern. 😂
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This Solana strength is wild!
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It seems we're getting to a time where some alt coins will not conform to BTC's pattern again. I'm just watching how solana gets to do all these.
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Haha. And did you see LUNA? Wild as well.
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I don't think we've seen the real pump in LUNA yet.
I'm writing about why I think LUNA has more in it on my blog tosay.
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Do you mean another pump is coming? What we have seen so far is just a child's play?
Looking forward to reading it, Dane. 🤞
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I made a similar comment about Ethereum a while ago. I would call that a good sign for anyone looking for a cryptocurrency to buy.
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It took me a while, but here's what I said about Ethereum in July:
Now it seems other cryptos are saying the same thing. I see that as a positive for crypto in general.
More text at this comment:
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Plenty from our list of guides :)
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We have hit them at the right time. 👍
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What is that token on the top of the list? I don't think I've heard about it before
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@finguru posyed an image showing these cryptos:
@crypto-guides has Guides for all except Tether (USDT), the stablecoin for USD. I think it was the first stablecoin made, too, but I'm not sure.
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Too bad Hive wasn't on there.
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More Hive for us! 😁
One day it will be a trending coin all over the world. It's safe to say that Hive is the 'Facebook' of Decentralized Social Media and so much more and so much better.
It's the blockchain of blockchains! 🚀
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Hive actually isnt anything like Facebook. It operates, in my view, on a totally different level. We might have social media but it is much broader than that.
Yes Hive will be trending at some point because there is simply too much going on here.
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I agree. That's why I wrote 'so much more'. Social media layer is among the many layers that Hive offers.
Seriously. Hard to keep up sometimes. 🦁
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*cringes*
Please don't compare Hive to Facebook in that way.
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There's nothing better right now to compare it with. 😂
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Between Hive and FB, there is no comparison!
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Yeah. Actually there isn't. Hive is far superior. FB is just wealthy.
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Yea I am sad to see HIVE not there. Although I thought SPS would make the list though.
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Solana is doing good. I assume many US based fin companies are planning on using it.
What is FEG token? It sure seems random that the number 1 on the list.
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Here are a couple of charts to give some perspective on what Defi is turning into.
First, this is the total market cap of all the Defi tokens on TradingView. The cap was around $25B on Jan 1. You can see what it's at now, despite a couple bad days in the market.
That's over $125B if you can't read it.
This is CoinGecko's measurement of Total Value Locked (TVL) in their list of Defi coins, as well as a comparison to ETH.
Pretty crazy the wealth being generated. And it's obviously only getting bigger, although that chart looks a little bit like a double top....
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$125B 😮 Another mountain is getting created in the chart 🚀
DeFi is the future of finance and it is only going to go up.
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Yes and keep in mind a lot of stuff is not in there. Cubfinance really does not appear on any of these listings.
Certainly, nothing on Hive makes the list even though we have some robust DeFI taking place.
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That's true. I am sure many of these offerings don't even make it to the total count.
Hive can become a fast & feeless DeFi option for many if we get enough footage.
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I don't even know about all the DeFi options on Hive. There are a lot of options around and more coming up. Lots of potential
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Over the next year, we will likely see those numbers triple from where they are now.
It is amazing the pace of growth of DeFi.
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That's assuming the bull market continues. As you can see from the chart, the whole Defi market took a beating when Bitcoin dropped. As much as people don't want to see it, Bitcoin is still the king of crypto. As it goes, so go the markets. When it takes a 50% drop, hundreds of billions of dollars leave the market. Just the way it is. Personally, I think it's going to continue to be this way until the "halvings" get down to fractions of a Bitcoin. At least 2 more cycles....
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It's going to be interesting to see that. I'm really glad I learned about crypto and DeFi earlier this year because I think it won't take much longer for things to really start to take off
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Incredible.
I think it's going to be a bumpy road as the chart shows, but the trend is up to the moon!
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An important update on my favorite DeFi platform, CubFinance:
The article addresses some changes to future IDO models and also the question WEN CUB MOON?
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Seems like a terrific move by the team. We will see how it works out. It makes a lot of sense to have all activity utilizing CUB instead of the other way.
This will create a need for CUB to enter the LPs.
I see this as creating more sinks for CUB. The fact it is going to be in LP outside of Cubfinance is vital.
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Yea, I think it's really going to help CUB going forward.
It's also really good to know that the team is always watching the results of their decisions and adapting. This is crucial to remain relevant
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I like DEFI. High risk, high profits and financial freedom. But it would improve the interpolarity of strings.
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There is a lot taking place. The old rule, if you dont like something, wait a few weeks.
That is certainly true in DeFi.
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It seems like there will be CUB IDO system changes for the next few IDOs. No more CUB/BUSD pools but rather all CUB or CUB/X where X is the new token.
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That seems to make a lot more sense to me. It is exciting to see these changes.
The new IDO plus the mobile applications for Leofinance; both should emerge around the same time.
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Decentralized finance will undoubtedly be the future of the financial market. But I wonder when the decentralized governments or better yet the decentralized armies?
And being even more extreme for when the decentralized fiscal estates?
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Our governance system is not suited for the digital/virtual world so they will become obsolete over time.
As for armies, most warfare is going to end up being conducted via cyber. The threats are no longer going to be invasion but rather cyber attacks. That is where defense will have to come from.
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Yea, physical warfare will be less relevant as we evolve into a digital world.
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@forexbrokr, I see there's a new DCity (SIM) guide. What sub-topics are left for us to take?
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Plenty to do :)
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Awesome!
I would like to take this up. ✌️
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It's all yours :)
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.
Never played dCity so I am totally lost this time.
It's all good, you'll be back for the next one I'm sure.
I'm loving your blog content lately. Keep linking to guides where relevant :)
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I'll take "Should I buy dCity SIM in 2021?" if it's up for grabs
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Thank you :)
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Benoit Coeure, head of innovation hub at the Bank for International Settlements (BIS), has asked central banks around the world to hop on the DeFi train.
Coeure, a French economist who served on the Executive Board of the European Central Bank from 2011 until 2019, is currently leading research on CBDCs for the BIS.
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How can the BIS and central banks want to get into DeFi and yet be against decentralized cryptocurrencies?
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Probably another concept they will try to pervert, much like what Facebook and company are trying to do with the Metaverse
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All centralized entities are now creating their own centralized versions to compete with the open and decentralized market.
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Yes they will. I think many of them ultimately either take over Ethereum or fork it so they can quickly replicate it.
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No doubt. When the centralized entities enter the mix, we see things completely perverted in the meaning.
They take what is sound and warp it to fit their needs, which tend not to be sound, at least for everyone else.
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They want to replace the current set of stablecoins with CBDCs. Finally, they have realized the value of this market. Don't want to miss DeFi BOOM!
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So FOMO is why central banks plus BIS are getting into DeFi. Everything they touch turns to lead, so I expect that it's going to backfire for them.
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They see the opportunity to make money.
Consider it this way. They can take Defi architecture and build upon it. This will give them the applications that everyone uses.
If going through the banks front end, who controls things even when built on DeFi?
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Some DeFi platforms will cash out and let big banks buy them out. That's like small startups choosing to be acquired established players in exchange for the big bucks or the golden parachute. In many ways, I can't fault them for taking the money and run.
If going through the front ends presented by the banks, it won't be DeFi any longer even if built on it.
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That's true. Money talks and I think some businesses will just take the easy way out and sell to big companies.
We'll probably see some of them being created with that sole intent. That's already true in the startup world.
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In theory it's possible for inflation to occur without central banking. In practice, all inflation originates with the central banks-- they print the money, and they loan money into existence. Everything else about money is just side effects.
If central banks treat money this way, can you imagine how they will treat cryptocurrency and DeFi? I'm not even talking about CBDCs, either.
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And then they forget about those loans - BAD LOANS feeding the rich, the banks and the government.
CBDCs are no different. In fact now you can get traced so easily.
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CBDCs are surveillance tools made with the purpose of squeezing every last fraction of a cent of taxes from the people. It would be interesting to see how drug dealers and those engaged in illicit activities handle this environment. Under those conditions, they may turn out to be heroes by showing the rest of us what to do.
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Well...I agree with your postulate concerning governmental interference and intrusion into the cryptosphere, but inflation can occur without central bank interference - its called 'demand pull inflation' and basically is market inefficiencies causing inflation.
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Isn't the difference between demand pull inflation and central bank-induced inflation the fact that former is more limited in its effects than the latter? Hyperinflation as what happened in Weimar Republic Germany after World War I and in Zimbabwe earlier in the 21st Century was made possible by central bank interventions; no amount of demand pull inflation could have caused them.
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My comment was addressed to this statement you made.
While this is true so far in our history, the world has yet to see a total collapse of production units. Should there come a time production becomes impossible for whatever reason, just watch inflation kick in for the goods that do remain in the system. Economics 101 - no supply with a demand present equals an infinite price.
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My fear is that we may be the poor suckers to witness that event.
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I would submit that the US inflation issues of the 1970s and going into the early 80s was caused more by other forces outside of monetary policy.
The fact that we saw an oil embargo when the US was totally dependent upon OPEC caused a rippling effect through the economy. This caused the price of everything to go up since oil was at the core of most all economic activity in some way.
Also, the idea of hyperinflation is any currency outside some small nation is impossible. Technology is simply too much a part of the global economy, and it is growing.
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One other event in the early 1970s contributed to the economic woes which accompanied the OPEC oil embargoes: the abandonment of the gold standard by the United States (closing the "gold window"). Prices increased at a small steady rate before then, but after USD went pure fiat it was off to the races for prices. It took until the mid-1980s for prices to settle down.
While there is no gold to abandon this time around, pure mathematics will bring grossly indebted economies to their knees. It can't be a good for a nation to have its national debt exceed 100% of its CGP and a significant portion of its annual budget assigned just to pay interest on the national debt.
Since USD is the world reserve currency, the United States will be brought to its knees last. The suspense comes in seeing if it chooses to undergo a controlled glide or a spectacular crash-and-burn. With the current crop of elites we have, I expect the spectacular crash-and-burn.
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That's a good point
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Not really. The inflation of late is due to supply chain issue. We see inflation yet lending is contracting.
Friedman talked about all inflation being monetary in a stable velocity of money environment which was standard during his time.
We are far from that.
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Hypocrisy knows no limited.
They want DeFi with regulations and using their currency I guess.
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I don't think I have ever heard of the BIS before. But its nice to see that they are looking into Defi and I hope CBDC's don't happen.
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BIS is the bank of central banks. It supports central banks' pursuit of monetary and financial stability through international cooperation.
And they pushing CBDCs all over the world. ✌ Coeure is leading that research.
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Bank of International Settlements.
Think of it as the Central Bank of Central Banks.
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BIS is the bank of central banks. It supports central banks' pursuit of monetary and financial stability through international cooperation.
And they pushing CBDCs all over the world. ✌ Coeure is leading that research.
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Hop on = take over
That is what they will try to do. As always, we just need to keep building and innovating.
The more we get out there, the harder it is for them to control.
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18 days ago (28 August 2021), @beehivetrader published this post on how to get started in DeFi:
Topic scovered include using DeFi protocols, buying crypto, lending, liquidity mining and yield farming, and asset management.
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2 months ago @vlemon published this post on using the Financial Ratio to invest in legitimate DeFi platforms:
It's a ratio, so it's just one number divided by another, or how of one item is needed to get 1 unit of the other. Read the post to find out what numbers make up this ratio.
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$HBD is a non-collateralized stablecoin. Which means it is not backed by FIAT but uses code to fix the peg.
The only other non-collateralized stablecoin I can think of that is worth mentioning is Terra USD (UST). Problem is that Terra is not as decentralized as Hive.
You can generate a stable yield of 20% on UST on Anchor Protocol. Do you think at some point in time we will have 20% on HBD too?
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Ampleforth is another non-collateralized algorithmic stablecoin.
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Is it the one you get as rewards on Publish0x?
I keep forgetting to publish my article there. Thanks for the reminder Kevin. 🤞
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That's the one my friend.
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It's possible but I think we may have to wait a bit longer till that happens. I have a feeling the witnesses are watching to see how well HBD is pegged.
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I think so, but I think we're taking baby steps on this one so maybe let's hope for 12% soon, maybe 15% a little further down the road and then, hopefully a big juicy 20%
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Wow over 200 comments on a Saturday. Some great discussions going on about DeFi.
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Yea it is great. I have to finish up some chores so I might not be around for the next few hours though.
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Really good indeed
I think this main topic thing was a great idea. Gives us something to discuss when we're not sure what to talk about or can't find interesting things about random subjects
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Today is the world of Decentralized Finance (DeF)
Here is another one of our daily @leomarkettalk posts.
It is the weekend so lets get some stuff going if we can.
Today we will focus upon the world of DeFi. Let us see what kind of links we can get going in here today.
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Hello Everyone,
Wish you guys an amazing, fun-filled weekend. Let's make more crypto. ✌😁
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Hey, I just went back and added a link to the #Splinterlands titled LMT we did a couple days ago. When I clicked on the LMT banner it only showed like 65 comments. I refreshed and it went up to 80. Refreshed again and it went up to 103. Again, and again, and again. It took me like 10-15 refreshes until it showed 363 comments.
@taskmaster4450, @amr008, @forexbrokr is this normal? Are posts that have aged a couple days supposed to start "hiding" comments? It seems like that could hurt with the SEO. Any thoughts?
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I just tested on that same blog and mine did that too.
I would take a guess and say that this is something to do with how Khal has the site setup in order to decrease loading times. These massively long LMT comment threads are a unique case and probably just get caught up in that?
Again I'm not totally sure from an SEO perspective, but I would say this most likely isn't a problem. The 'hidden' content is all still in the code and that's all that matters to the Google crawler. For example, content hidden under dropdowns doesn't matter to Google, it's all just content.
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Fleeing high ETH fees, other layer-1 protocols begin to pick up steam. Fantom and Avalanche are hoping to keep their recent momentum after witnessing the success of BSC and Polygon.
2022 will see the rise of other blockchains over the usual ones. It has already started. We will be seeing many new names in the top 20 coins.
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Here's my AMPL looks like in SWAP
I am going to have a thread on noisecahs soon about these high fees.
Ouch! That's not a pretty sight
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Are the ETH fees still that high after the recent upgrades? I thought it brought it down to more reasonable prices.
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The fees are just as bad if not worse.
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The US-based crypto exchange CrossTower is expanding operations to India with 35 employees already onboarded.
The future of crypto is uncertain in the country. Adoption continues. ✌
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I don't think I have ever heard of CrossTower before.
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At least it's nice to see that the indecision by the government is not stopping businesses from doing their thing in the country!
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REMINDER!!!
Get theeselves some of those wonderful #CANDIES.
If not, you will be missing out on something sweet and wonderful.
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Candies, Hearts, and Diamonds were collected. ;)
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HEARTS are in UX Hell, so no HEARTS for me. I gave up on them.
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Already done. I'm starting to become one of Pavlov's (aka @taskmaster4450's) dogs. lol Every time the new LMT rolls around the first thing I think about is how hungry I am for sugar.
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Got 'em! Up to 4,810.
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I picked up 100 CANDIES today at CoinGecko. Tomorrow the cycles starts over.
I also picked up DIAMONDS at CoinMarketCap.
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Done collecting them candies
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Thanks. I collected my candies and diamonds.
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😂😂
Source:
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There are so many people who don't even know that Opensea is FULLY INTEGRATED with Polygon.
Even lesser know fact is that OpenSea already has more users on Polygon than on Ethereum.
You can buy those stupid NFTs without wasting zillions of dollars on GAS fees ✌
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I think there are lack of guides and the posts that talk about Polygon+Opensea I am afraid. More people talk about it, more will look into that option.
Oh I didn't realize that its on Polygon. Isn't the NFTs pretty much on a single chain or can the NFTs swap between chains without issues?
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I don't know if you can swap them between the chains. Maybe that's not possible for now.
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Then it's probably why people are paying the ETH fees. If they could just hold it on Polygon, then they would.
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Another wonderful (lucky) haul from the Splinterlands Daily Quest Rewards Chests:
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Nice! I don't have any of those quest potions left (and I'm not interested in paying $5 to buy them) so I've been stuck opening 1 or 2 chests at a time. I'm lucky if I get 25 DEC. lol
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I know, the having to pay with expensive DEC sucks! But I have been extremely lucky with this and keep paying it because I'm plus each week.
Also remember, on the 13th of this month, new cards will be added as rewards to chests - dropping at a rate of 50%. That will make it even more worthwhile (hopefully).
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Damn it. You convinced me. 7500 DEC down the hatch in potions. lol They had better work!!!
Seriously though, you're right. Monday is the new rewards cards release so I'll want those potions for those drops....
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I hope they work for you like they did for me, Good Luck!!!
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I don't think I can bring myself to throw so much DEC down for it...Are you buying the potions everyday, every 10 days or every 100 days?
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It is definitely a very hard pill to swallow. But like I said, luck has been in my favor using them so I almost feel obligated to continue.
For now, I try to limit my purchases of the damn things to two or three at a time - but now with the new cards starting to drop on Monday I'll probably start buying 10.
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Ooh I didn't know about that! It could be interesting to invest in some potions then
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Wow. Kevin acing the battles! ✌
Are we going to have another Gaming discussion thread today or tomorrow?
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Yup! Check this out:
https://leofinance.io/@kevinnag58/you-re-invited-pay-to-earn-gaming-discussion-on-leo-market-talk
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Awesome. I will try to be there this time. ✌️
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Awesome! The more the merrier!
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Nice! I'll have a busy day but I'll try to show up
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I think my first ever dCrops harvest is due today so maybe I'll talk about that
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Mine too. I'm actually quite bullish on dCrops. I believe the potential is there with this one to set up a nice future passive income stream.
While I'm sure the majority of the comments today will be Splinterlands related, I am hoping on getting a couple sub-threads going on dCrops and dCity.
I started dCity two days ago, bought some stuff, and now have to figure out how to activate all of it to start generating SIM.
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I have high hopes for dCrops as well. Even if it doesn't get huge, it takes so little time that I believe I'd do it just for the fun of watching my farm grow lol
As for dCity, I still haven't started there but I want to. I actually have a couple of questions but I'll save them for the official thread.
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ohh that's nice man!
I havent been that lucky yet
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Well...a 4 digit DEC drop is just as good in my opinion. I think that is a bit more common compared to getting gold foil cards.
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Since I began using the quest potion I've hit 2000 DEC four times already. I like those hauls too!
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Oh yea that would be sweet as well but I haven't gotten that either =/
I'm still quite bad at the game lol
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But last night I actually had my better streak and I was able to win a few matches. I don't have many powerful cards yet but I think I'm getting the hang of it now
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Cards have been quite rare lately so congratz. If you use in fights, you can earn an extra 10% DEC from the fight.
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This is interesting. I hadnt heard about these but this is huge money if it starts rolling in.
This could open the door to trillions of dollars heading into cryptocurrency.
Exciting to see.
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That is amazing. I remember talking about the fact that $1T market cap is where Bitcoin needs to be in order to open the doors to some of these huge-money pension funds to be able to invest. Apparently it's close enough. :-)
Massive amounts of money in these things so if they start putting in their 1-2%, things could really go nuts over the next few months.
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The amount of money in pension funds is sick. Plus, they need to generate a return since, even with a record stock market, they are still barely 70% funded.
I am not sure what the level is but that $1 trillion can easily move to $2 trillion with a bit of a bull run. The Pension funds can offer that incentive.
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That's very nice! I didn't know they could do that but I hope they get approval
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Well considering how mismanaged pension funds are, I think its a good idea. Rather than throwing money at some investment firm that takes a cut for every transaction, just throw it in BTC that has generally gone up over time is a better choice.
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Plus the returns will likely be much better over the long term.
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Has anyone heard of HUDI (Human Data Income)? It's new to me, as is the website The Cryptonomist. It's purpose is to let people earn money from data about them. Whereas Facebook, Google, etc. make monetize data about us for themselves, HUDI lets us monetize our own data.
It looks more like decentralized marketing (DeMark?) to me, so I don't see how it relates to DeFi. Still, I thought this was interesting.
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Well...I think something like Presearch might be similar but I am not sure if Presearch is decentralized.
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Even if Presearch isn't decentralized, it is compared to Google and its Big Tech partners.
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Never heard of them before. Actually, I didn't even know about this concept at all
They are having an IDO in a few days so maybe we'll hear more about it soon
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I on;y know what I read in the article befor I posted the link here. Later I'll visit the HUDI web site to learn more about it.
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Cool. Let us know if you find anything interestingg
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5 hours into this live blog I made a most annoying discovery: if I want to swap tokens between each other or to HIVE, they need to be liquid.
I had been staking everything in sight to improve voting power depending on what front end I would use, but after re-evaluating my situation I decided to stick with a few big earners and keep the rest liquid to swap them for HIVE.
Different tokens have different power down periods, so it will be a while before I can swap them for HIVE.
The only good to come out of this experience is my discovery of DSwap at https://dswap.trade/.
I hadn't done any swaps before, so this would be new for me. I just need to wait a couple of months for the power downs to complete.
I will keep HIVE, LEO, POB, and CENT powered up. Everything else I will power down. I'll give away WEED when it reaches 1.00000000 in my wallet.
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Question.
I have noticed that modern changes in finance has literally destroyed pensions and passive approach in accumulation of money. So how does one plan towards retirement if passive components are under threat?
(I assume only passive we can think of as of now is dividend income which has chance of survival in future)
I my opinion, crypto is the way.
I believe it's going to completely overtake the legacy economy in the future so I'm trying to build a nice position here
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I was blanking out for a bit before I realized it was about 9-11.
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This is a great article by @jerrythefarmer to understand some underlying concepts of DeFi and especially where do yield farming rewards come from.
Worth reading
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OFFICIAL THREAD
PLAY-TO-EARN SATURDAY DISCUSSION
Well now, this week sure flew by. Hope everyone had a good and prosperous week.
Time again for the Play-to-Earn Saturday Discussion.
Here is a reminder of the general instructions:
Now a reminder of what todays prize will be for the funniest game related comment, photo, meme, etc. posted during the time allowed:
and 50 DEC.
So boys and girls, let's get those comments going and have some fun while we're at it!!! And remember, make me laugh to be eligible for the prize.
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Is anyone here playing Rising Star? I like to play it and it seems to be relatively easy to buy packs each week and earn a tiny bit on the side. As of the past week, I earned over 190k starbits.
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I am!
Just reached level 100 and I'm having fun doing the festival thing. I believe it was a very nice idea to have an event that will last for such a long time
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Ah I haven't been bothering with the Festival Tour but I am wondering if I should allocate some starbits just to grab some cards.
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I recently stopped playing it and listed all my cards for sale.
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Ah that's too bad. Why did you stop? I find that it isn't that time consuming
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Wasn't really that time consuming at all. I just really couldn't get into the game and I really didn't see a potential income stream for me out of it.
In its place I'm into dCrops, dCity, and outside HIVE, MyDeFiPets.
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Oh, a fun fact that I just noticed:
There is a card on Magic The Gathering called Nightmare that is also a flaming horse and it's summoned with black mana, which also has a skull for a symbol!
Maybe it's a tribute to Magic or some sort of easter egg? Anyway, I found it pretty cool when I noticed it!
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Is anyone out there playing dCrops. The Spring growing season ends soon. It will be my first collection. Yup, I'm that new to it but so far so good!
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I am! I'm pretty new to it though and I should have my very first harvest today.
I only have one plot as of now so it's a bit slow but I'm actually enjoying the game very much. It's low maintenance and the UI is really good
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I bought a bunch of packs to start so I did quite well in the land area. Seeds I did so-so, I did need to buy a couple extra 'cheapies' to replant mid-season.
I think seed wise I'm set to start summer. Might have to buy again mid-season, but I'll see when the time comes.
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Nice
I might put in a few more bucks to speed things up a bit, but hopefully I'll be able to progress just from what I make from the game itself. Not too greedy on it anyways
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Or maybe someone playing dCity? I just started this one and need some help. How in the hell do you activate the cards. I bought a bunch and they're not doing anything for me.
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It should be active the moment you buy the cards. Did you make sure you have workers in the buildings?
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The worker thing might be my problem. Do you need to place the workers in the buildings or just have the workers available?
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Just have the workers available. Even if they aren't in the buildings, the game will naturally allocate your available residents to the buildings.
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OK, thanks. Guess I'll have to go buy myself some workers later today.
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I still haven't started with that one yet but I'm planning to.
Is there a minimum investment? If so, how much is it?
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There is no minimum, but you do have to buy cards to play.
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Somewhat like dCrops then, perhaps.
ALright! Thanks for the info, I'll take a look into it later tonight maybe
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Yup, exactly. Investment wise its only the cost of the cards and there are plenty of options available.
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This is me playing Splinterlands:
Somehow I manage to win a few battles so I guess it could be worse, but yea that's how I feel most of the time LOL
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@tfranzini
Please let me know your Splinterlands in-game id so I can send the prizes.
Thanks and Congrats!
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Nightmare and 50 DEC have been sent to your in-game wallet.
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Wow! Awesome!
Thank you, sir!
I believe my id is @tfranzini there as well... does that make sense? That's how lost I am lol
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What about that Beer themed game? I think it's called Crypto Brew Masters?
Has anyone tried that?
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I tried it but some of the changes made me avoid it afterwards. Basically you need to pay for a few things before you can even start earning (withdraw from the game).
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Oh I didn't know that
Bummer
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Image Source: abh12345
In case you missed it, @abh12345 put together the weekly statistics of engagement on LEOFINANCE.IO.
I came in at a sad eighth place in engagement rankings. I am hoping to do better this upcoming week.
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I can't seem to top the robot taskmaster4450 lol
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I was able to make it to the top 3 again. I was slacking in the past few weeks
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Mega tech investing in solar energy.
Are they looking to become energy companies or are they just trying to power their own operations. Data farms are very energy intensive.
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They will definitely need a lot of power to keep all those servers running.
I imagine they are also already looking towards quantum computing so maybe they are setting up the infrastructure for that
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Well...they will need more computers so it will require even more energy in the future. I am wondering if they will convert the heat generated into energy to limit the cost.
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Hello friends! All right with you?
I want to tell everyone to wait a bit if they want to send some LEO to bLEO via bridge as it is not possible at the moment. I recently sent some LEOs to https://wleo.io/bsc and have not received my funds. Not even on the wallet is it possible to see this transaction.
I hope the LEO team can fix this, so to avoid a headache, please don't send anything to bLEO.
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Thanks for the heads up my friend.
Haven't seen you in a while! I hope all is well!
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Ah the bridge issues are acting up again? I guess we can only wait.
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Very interesting use case for Graphene. We will see if this trial works out well. Could really alter the future of road construction/maintenance.
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That could be huge if it works. Graphene is very resistant so I imagine it could significantly extend the life of roads.
In addition to saving money with maintenance, it could also improve roads safety and save lives.
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I have heard a lot about the potential of graphene so I am looking forward to seeing whether or not it works out.
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A Brazilian YouTube spent around 3.000 USD buying all 304 coins listed on Binance. In his own video, he warns people that he is doing it only for the memes and no one should adopt that strategy.
He also said he will do regular reports on the performance of this bizarre portfolio. I'm curious to see how it unfolds.
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I couldn't find this news in English and that's why there is no link, but the guy's name is Mateus Rapini in case anyone is interested.
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Maybe you can keep us updated on how things go lol.
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Will do! He said he will make a video on his results soon and then I'll share the news
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Last month @shortsegments published this post on DeFi for beginners:
According to "@"shortsegments,
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