Monthly PWR Holdings & Emissions Report - Month #10

[empoderat]

This week we will have a quick report, as there's really not much to say rather than ''we keep accumulating as much Hive as we can''.

• This week I took profit from the low Hive price and decided to swap all of our HBD from savings for more HIVE ( approx ~200HBD for 1600 HP).

• A few delegations came into the @empo.voter acc which is always great to see. Hive power inflow is on the rise right now.

• In my spare time I am working on a documentation page for Hive Power Ventures and PWR, when it is ready I will formally announce it.

Current Status of the Holdings of the Project:

@empo.voter (the delegation & curation account) keeps providing @vventures (the holding account) with a weekly flow of curation rewards.

• @empo.voter currently holds ~8K HP which is in a permanent power-down (~500 HIVE week at the moment).

• @vventures keeps adding and it's at ~26K HP (~22K last month). Decent jump again this month thanks to HIVE buy stated above.

Needless to say, time to keep doing DCA with HIVE. In a year these prices will be seen as a bargain (probably, let's hope so).

That's it for the report.
Have a great weekend!

Posted Using InLeo Alpha

Comments

[trumpman]

Still poor. Still gay.

[resiliencia]

Thanks for the report!
Red line slowly approaching the black line. At that point the switch happens and we'll be printing money.

🙂

[empoderat]

Prob will need ~2 years, but when that happens yes, will be glorious

[borniet]

That’s some nice power you have there!!!
Interested in the documentation!
!ALIVE

[empoderat]

Yes? I'll have to hurry a bit then :)

Whatever, If you have any doubt feel free to ask and I'll gladly help.

Cheers!

[borniet]

No need to hurry! ;-)
But how can I use it? ;-)

[empoderat]

u mean PWR?

[borniet]

Yup

[empoderat]

I'll explain in a more detailed way through the documentation but... at it's core Hive Power Ventures and the token PWR is a Delegation service.

1. The best way to get started with PWR is to delegate whatever amount you like to @empo.voter.

After that you'll start to receive daily drips of PWR at a 12% APR rate.

1. After that you have basically two options.

• Sell for Hive and realize the 12% APR profit from the delegation.
• Hold and optionally be a LP for even more profit.

You have a Liquidity pool at Beeswap with more than enough liquidity to sell your daily rewards.

For now this is more than enough to get started :)

[borniet]

Wow!! Thank you for this great explanation indeed! I’m delegating right away! ;-)
Let the PoWeR grow!

[rafzat]

I’m wondering why there is a permanent power down though

[empoderat]

empo.voter only curates, don't hold.

vventures is where all the hive is held.