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RE: Delegate Dragons Week 1 : Report

in Great Little Dragons2 months ago

My math was pretty simple. I delegated 300HP 9 days ago. I look at the value of the account now vs the value 7 days ago and calculate from there. Right now I have 0.022 PAKX tokens that I didn't have 7 days ago so I used that in my calculations.

I'll make sure to mention that the !PAKX token can be used to call a curator to peek at a post and maybe get a curation upvote which can be worth more than the coin. However, I wasn't able to easily find a whitepaper on its utility so I just did a quick search as if I knew nothing about the token and wrote what I came up with as a casual user.

The idea is to show value over time from all the delegations. To show how delegations are different and fit different needs. If PAKX has a unique value proposition I want to let people know about it and show how well it works by actually using it over the next year.

As for bots and market manipulation, yeah, that is a bummer when you are accused of screwing with token price.

On the one side you need to offer the coin on the SELL wall while still making sure there is liquidity on the BUY wall. It is a shame Liquidity pools like tribaldex are so expensive to setup. It is also a shame that making a strong BUY wall eats into profits by using up capital that could be better utilized to delegate, curate or other things.

With the GLD token I've got about 375 HIVE just sitting there doing absolutely nothing but waiting for someone to dump their tokens and it is always irritating to know it could be making cash delegated (sigh)

But you say its late there. Sleep well, and have a great night.