PWR is now OVERPEGGED!

in #pwr5 months ago (edited)

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Crazy ride so far! Didn't expected such a move.

~20 days ago I decided to pull the trigger and move into other 'ventures' (outside of only holding HIVE) with PWR funds.

Back in that day the whole PWR fund was worth 80.000 HIVE (~17K$).

Today, after less than a month and a few aggressive trades with some measured and bearable leverage the fund is worth more than ~130.000 HIVE (~36K$) which is fantastic.

I bought the ETH local bottom? Could be.
Is this the start of a monstruous bull run? Let's see.

Look at the chart. I just CAN'T ignore this magic line.

ethusd.png

Remember you can check PWR holdings in almost real time:

You can check through this [hidden]

holdingspwr.png

Since Total circulation for PWR is ~117.000 tokens (and slowly increasing), this makes every PWR 'worth' around +1,1 HIVE.Hopefully this tremendous trend will continue. Can you imagine a PWR worth 3-4 HIVE? Would be awesome for the project overall.

btw!

Holdings Report on Hold for this Month.

I have a hectic and key week in real life. I have the last exam of my Developer training ahead of me and passing it or no conditions my hiring at the tech company where I have been an intern for the last year.

The exam should be a ‘mere formality’, but until the qualification is sealed I can't take anything for granted.

In addition, there are some things to be clarified with PWR that I have not yet addressed (use of curation income, personal witness earnings, thoughts about staking delegator rewards and more!).

And I still have to update ALL the docs for the project.

It's not really a problem, it's just a matter of running everything by myself. It has the great advantage that the fixed costs of keeping PWR running are extremely low (no rent, no dev salaries and no exaggerated marketing budgets adding selling pressure).

For all these reasons do not expect a timely report. Probably by next weekend I'll be able to address all of this.

Join the PWR Discord

I'm not that active on discord from the moderation side of things. Allow a few hours for me to catch up (or send DM directly).

Friendly Reminder: Use the pool to buy/sell PWR

(Edited). Just noticed buys on the regular orderbook from Hive-Engine. There's no liquidity on the upside from Hive-Engine.

Better use the pool SWAP.HIVE-PWR through beeswap or Tribaldex.

In Conclusion

  • PWR stronk
  • Monthly Report Delayed (hopefully ~1 week).

Join the PWR Discord to solve doubts/DM me if needed. I'm out! Need to keep studying.

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You're not voting for my witness yet and love what I do? Don't ask me more:


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I'm still stacking some PWR and to hear its worth is growing is great news!

Just joined the discord and reports are fine when you get to them.

Good luck on the exam! :)

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I think you can definitely take us there!

PWR overpegged?! 🚀 Amazing ride, those trades are paying off! 📈

Can't wait to get more info on staking, liquidity providing and delegations.
I know there's some time left until September but I want to position myself against upcoming changes. LBI did their move and I'm wondering if I should do the same

Noted, thank you for letting me know.

I checked the link / portfolio and it looks good as far as I can say. The last ETH push was good for PWR.
!BBH !ALIVE

Just saw that you just delegated. Welcome! :)

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Thank you! 🙏
!BBH

Loving it my friend!
Well deserved, finally we are overpegged. 💪💪
Let's push the ratio HIVE/PWR up.
Good luck for the exam!

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