You are viewing a single comment's thread from:

RE: #saturdaysaversclub | Year 4 Week 4 | I win the SPI lottery - 109 HIVE!

in LeoFinance4 months ago

Yes, everything is going well, although I have been re-thinking my goals for this year. The goals I've set up already are set and forget - they will happen automatically with little effort except checking that everything is working okay and there are no bugs or glitches.

They're okay - it's good to know what I want - but I'm wondering about choosing a goal that needs more attention/effort, like re-building my emergency HBD savings fund. That would depend on more posting, for example.

So one idea for the lottery win would be adding it to my emergency fund. What would be the easiest/most cost effective way of getting from HIVE to HBD, do you think?

The other thing I was thinking about was the liquidity pools that @mypathtofire wrote about recently. I haven't been involved in those before, I was thinking about a LEO:HIVE pair as I'm interested in holding both of those. As it's a windfall, ie unplanned/free, I'm thinking about using it for something I wasn't going to do anyway.

Sort:  

In terms of changing from HIVE to HBD I always use Hive-Wallet. If the HIVE is already there, then I'm pretty sure there is no fee to change from one to the other. The only thing is that the price of HIVE is so low at the moment ($0.315), its maybe worth seeing if it increases over the coming days. If you wait until it hit $0.35 that would be 10% more HBD.

In terms of pools I wouldnt call myself an expert and it depends on what rewards there are, etc. @tydynrain is the person I'd ask about pools.

Haha, I'm torn between a lower price for HIVE so I can buy some more and higher price so I can buy some HBD! I agree about the pools, perhaps @tydynrain or @mypathtofire will come by to comment.

I've had a fair bit of experience in a lot of different diesel/liquidity pools, so I could likely give some useful perspectives. The best place to look for detailed information about the various pools and what they offer is BeeSwap. When you're looking at the pools there, just make sure to remember to choose the fully-expanded view, which will show what liquidity rewards a pool gives daily, as well as the APR, and the number of days until the rewards end. I usually only choose pools that provide daily rewards, unless there is some notable benefit, such as with the SWAP.HIVE:VOUCHER pool which pays out in SPS that is claimable on Splinterlands.com.

If you have any questions @shanibeer, I'd be happy to answer them, if I'm able! 😁 🙏 💚 ✨ 🤙

Thanks much for the mention, @hoosie! 😁 🙏 💚 ✨ 🤙