This is the long term chart for the historical Hive Power share and the Hive supply, from a recent post of mine.
What I find interesting from this chart is that the Hive Power or locked Hive (including the DHF), is almost roughly constant in the entire history of Hive, starting even back from Steem back in 2016.
At the very beging all the Steem back then was powered up and locked with almost no liqudity. The powering down period at first was set in years. Later it was shortened to three months with a weekly share, what now seems long :).
The main point is that the powered up and locked Hive in apsolute numbers has been around the 200M mark for all the time.
Meanwhile the liquid Hive keeps growing and we are now at a record high.
Be interesting to see the same chart in terms of total value locked of the staked hive. Don't know if that data point is available?
It will corelated with the Hive price basicly
True, so, I imagine that our total value locked has dropped a bit in recent times, with the amount of hive being staked being rather constant throughout the period.
I think the whole 13 week staking period is what scares people off from powering more Hive up. I know it does for me. After losing well into 6 figures in 2022 with staked up UST liquidity, which was only on a 2 week time lock, I am sketchy about having a bunch of value in time locked situations. Hive has lost so much value over time that could have been recouped if I were able to actually do anything with all the locked up HP I have had over the years.
That's interesting as I assumed HP would be going up. I know a lot of bigger accounts keep adding to it, but maybe the smaller ones are just cashing out all the time.
I know some of the other chains made power down even quicker, but I think it's good to have it fairly long. People need to be invested.
It would be interesting to see the distribution of stake over time in quartiles, or more bands, ie <100HP, <1000HP, <10K HP, etc
See if there is an emergence of the minnow to the "multi doplphin" or, whether its just bigger stakeholders hodling the bags
I have kept track of some of this as I was interested in progress with @tenkminnows. I use the data from the monthly posts by @arcange. The whales stays around 40. You can see that the other levels are not really improving. I have also looked at Hivebuzz where I see we have almost 200 accounts with over 100k HP. That has been going up.
Cool, thanks for sharing. My plan is to get back to being a multi-dolphin as I once was, but finances don't permit me to buy any HIVE (or much of anything else) at the moment, so I will just have to rely on my good looks writing abilities for the time being.
I'm not buying much, but I've built a nice stake anyway. I just wish it were worth a little more :)
That basically shows lack of trust, possibly driven by lack of growth (both in value and in number of users). People keep powering down steadily.
Old and active Hive users need HIVE POWER credit (delegation) with a low interest rate. Then HP will grow at a good pace.
@tipu curate
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