Saturday Savers 2024 Progress Report - Week 6

It's Sunday.... I missed doing my #SaturdaySavers update yesterday, so here's the belated version.

I'll be a short one, because for some reason Hive is being really glitchy for me this weekend, which makes it a bit frustrating to use.

Snowdrops in our new greenhouse - Photo by me

Here's my table of progress for the week;

How Did The Week Go ?

Hive Power

Very good growth in Hive Power - I had a couple of posts with decent rewards, and I'm still working hard on curation. If I can keep up 40HP a week, I'll be happy !

HBD

The interest rate on HBD dropped to 19% this week I believe, although not all front ends are reflecting the change. I'm not to worried about that, because it looks like a considered change, not a knee-jerk panic reaction.

However, I do have to question if it would have been needed if so much wasn't being paid out of the DHF. I feel there is a distinct lack of spending control there. While one of the strengths of Hive is it's decentralised nature, what I'm seeing is a lot of proposals to do very similar things and no effort to analyse the business cases or consider if the amount of HBD being asked for is right in terms of development time needed and other expenditures. There's also no mention of HBD being repaid for proposals where the end result will generate ongoing revenue for the originators.

Most proposals get votes by distributing micro-rewards and asking for a vote, and while I get we are all joint owners of Hive, this doesn't seem like a good way to determine how such a high proportion of HBD is distributed.

LEO

I've ended the week with incredibly mixed feelings about LEO. Huge effort is going into developing it, which is awesome. But a breakneck pace of change leads to things being broken or released before they're ready. I was lucky enough to be gifted a month's free Prime last week. To capitalise on this, I switched to taking rewards as staked. For a few days, it was awesome. Then the premium and taking rewards as staked reverted to standard yesterday and I have no idea why. I can only assume that implementing a change broke something before it.

But I'm still stacking LEO, and I've added a new metric, which is my level of HP delegated to @leo.voter - it'll take a few weeks before the numbers catch up with themselves and the % of goal is correct, but this will help me check that I'm increasing the two main delegations (LEO and EDS) in step with each other.

EDS

A good gain this week - EDS is still one of my favourite low-key just getting it done projects, and I'm continuing to build up my delegation each week. :)

Social Metrics

Most of the social metrics figures aren't available this week, as Hivebuzz appears to be totally down (and I've had some outages from Arcange's Hive node on PeakD). Hopefully it'll come up again soon !

I was able to work out the comments figures from PeakD analytics, and pick up VESTS elsewhere, but I'm not 100% confident in the accuracy of either of those yet, other than the fact that I've been putting in more of an effort to comment rather than taking the lazy route of just hitting the upvote button !

So that was how my week went - how was yours ?

If you're not familiar with SaturdaySavers, it's a fabulous initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account, where we all support each other in getting to our savings goals.

If you are one of my friends reading this (or just someone who tripped over one of my posts), I really recommend this as a great community that's well worth joining.

I'm normally very disorganised about saving, and the support of the wonderful people in #SaturdaySavers has been invaluable in keeping me focused. I can honestly say that without it, my HP would probably be half what it is now.

So join ! You don't have to wait until the start of the year. The best time to start saving is ten years ago. The second best time is right now !

Posted Using InLeo Alpha