Hive Blockchain - Base layer cryptocurrencies goals and milestones
While Hive blockchain has an abundance of second-layer tokens and projects are growing in this great ecosystem established here, I always had an affinity for the base layer cryptocurrencies like Hive and Hive Dollar (HBD). I am quite motivated by setting goals and reaching milestones towards making those happen and HIVE and HBD are on my list that I am pushing up as much as possible. When I want to see where I am standing in the sea of users from the Hive blockchain I use the HiveBuzz site which offers an easy-to-use ranking system with sorting options.
First of all one thing that I would like to see on HiveBuzz is a dark theme, even if the site is not solely white, but that will help for sure.
Next, I am going to the Ranking page and I am sorting my account using Hive Power. For me, HP represents the real commitment to the platform, while liquid Hive can always be sold or moved away. The goal regarding HP is to enter the Top 1000. At the current moment while I am staking 11,616 Hive Power I have positioned myself in the 1,007 place.
Regarding Hive Dollar (HBD) I am tracking my ranking by sorting my account using HBD Savings. Like HP, HBD Savings represent the commitment to putting at work the stablecoin from this platform and it is the easiest way to do that. The goal regarding HBD is to enter the Top 100. At the current moment while I am having in the Savings account 4,557 HBD I have positioned myself in the 132 place.
The goal of getting into the Top 1000 HP and Top 100 HBD holders on the Hive blockchain is a motivating factor for being present on the platform day after day and putting in the work. This is not just for the ranking fame, but as I move up on the ladder the passive/near passive revenue streams are going up as well. Some simple metrics on this are that:
- for 11,616 Hive Power based on Staking Rewards website I will be earning 2.87% APR per year, which translates into 0.913 Hive per day, 27.78 Hive per month or 333.37 Hive per year
- for 4,557 HBD put into a Saving account I will be earning 20% APR per year, which translates into 2.49 HBD per day, 75.95 HBD per month, or 911.4 HBD per year
While I am moving towards reaching my goals on the Hive blockchain base layer for HIVE and HBD through active participation like content creation, curation, and even as a Liquidity Provider on TribalDex LP, it is great that there is also a passive earning associated with just staking and saving. This way regardless of how active I am, my crypto will never sleep and simply keep on growing. This is the way!
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https://twitter.com/behiver1/status/1578750228076691458
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The best thing about goals is creating new ones... the quicker you are able to do so, the more motivated you become by your achievements, encouraging you on to future achievements!
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Goals keep me grounded and with multiple earning streams I can check them on the list. And once reached, other goals will take their place up to the top. This is the fun of it ;))
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Great job @behiver1
Your post had been rebloged and upvoted using ecency.
use ecency and be Ecencial[You can follow my curation trail]
(https://hive.vote/dash.php?trail=officialrosh1&i=1)
This is the way of putting tokens to work. Hivebuzz is a cool tool, I used it some weeks ago to check how am doing with curation rewards and I am glad it simplified my curiosity.
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HiveBuzz has some cool stats to see where you are finding yourself in the sea of users from here. Can bring some motivation out of it, and surely it does for me.
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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
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Good luck with your goals :)
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Truly appreciated, Hive rocks!!!
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I am trying to use the higher APRs on offer in LPs to build my HIVE stack faster.
But I just keep losing HIVE to impermanent loss.
Gotta get back to simple staking.
It's not like the 13ish% for curation is bad!
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This is why I am staying with HBD Savings as it is a single-asset investment instrument that offers a more than decent APR of 20% and being on the base layer I believe it is quite safe.
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