Why, Where, and When to Delegate Your HP .:. Hive Humpday Hangout Ep.32 (Wednesday, November 6th, 5 PM UTC)
Two weeks ago, we had a great anniversary party of the #HHHLive show (recording is ready, but waiting for 3Speak to come back online) and there, I was running a small quiz (actually it was a whole show quiz š) for participants... I made 9 questions regarding the show, and I was thinking of adding one "personal" question to see how well (or not) people know me... The question would be: "What's the ph1102's favorite Hive topic?" š For those who know me, this should be an easy question to answer, and that topic will be back in this show... Of course, HivePower is the answer! I like how it works, how it can benefit everyone involved, how it can help you grow, etc...
Created in Canva.com
We had HivePower as a topic in our 3rd show a year ago, where we were talking about the importance of Hive Power... Also, we were talking about it shortly in the special edition show No.7, but there is never enough talk about this main advantage of HIVE among other blockchains! In the newest show, I would like to discuss HivePower delegations, which deserve to have a whole show, and I would like to hear thoughts about it from participants!
The idea for raising this topic came from one of the comments on my HivePUD post from a few days ago... As I reached 100K HivePower, one comment was about how I should delegate my HP to small accounts and spread it with others...
There is no good or bad way to use your HivePower, except for NOT using it at all! Of course, I have my opinion about HP delegations, but that doesn't mean that my way is a good way... It depends on what you want to achieve with your delegation(s)... Delegating your HivePower means that you are giving "your power" to the hands of someone else... They can use it however they want, and they are getting rewarded for using it... HivePower that you own stays in your ownership, but in some way, you are making a loan of it (you still have all rights to revoke it and "undelegate it")...
Anyways, there are some pros and cons of HP delegations, and by answering the question from the title of this post/show, you should make a list of the pros and cons of doing it! The same as when you are making some important life decisions...
Why would you like to delegate your HivePower? Is it because you would like to support a certain person giving him/her more power to "distribute"? Or do you want to support some project that does something important for the platform? Or is it because you want to get the biggest APR for your HivePower?
Where/To Whom would you like to delegate? A person, a community, a project? We can talk about the accounts to whom you are delegating... Maybe you run the project and you would like to call people to delegate HP to you. Sell us your idea and maybe you will get some HP delegations!
When is the good moment to start delegating HivePower? I know that some could say NEVER as an answer (which is also a valid one š), but this question can be crucial for you as doing it too early could stop your growth...
How much HivePower should I delegate? This one is also one of the important questions... I have to go back to the Internet to find the facts that should help me with this one... The first step is Wikipedia...
Web3 (also known as Web 3.0)[1][2][3] is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.
Source: Wikipedia
I would maybe add one more concept to this Wikipedia explanation, and that's "true ownership" of your content, of your POWER... In my opinion, the point of HIVE (and HivePower) is exactly what it says, you have the POWER to do things, to have/make influence, and it's important that you OWN and USE your power! We are witnessing the completely opposite things in "real life", where our powers are constantly taken out, or even worse, we are giving out easily... The human without any power isn't a human anymore...
Anyway, sorry for my long ramblings... We will have plenty of time to discuss these things in the show, so don't forget to join the show!!! As we have moved the clocks, please pay attention to the hour of the show... It is at 5 PM UTC, but the safest way is to check the Discord Show announcement, where it will show YOUR local time!
How was it in the last show? The last time we had a "Special Edition" #HHHLive show, where we were discussing topics that participants raised! We had a couple of them and we had a great discussion... As usual, these "special edition" shows are not recorded, but you can check out the official recap of the show, where I wrote briefly how it was...
For all the participants, there are some LEN tokens for attending the show, and some special rewards (in Ecency POINTS) for those who were the bravest and came on the voice during the show!!! Don't forget that NOBODY is obligated to talk in the show, so you CAN come to listen and engage with others in the text chat... š
What steps you should take now:
- Join Ecency Discord here
- Check out your local time for the event at the top of the Ecency DISCORD side menu
- Click on the chat-voice channel on Wednesday, 5:00 PM UTC (check your local time here)
- Follow the event-chat channel during the show and engage with others!
- Share the buzz about the show on Ecency Waves, PeakD Snaps, and InLeo threads using the tag #HHHLive and be rewarded with upvotes!
Or just click on this link to lead you directly to the Event announcement, where you can see all the info!
If you would like to discuss a certain topic in future shows, please let me know in the comment section... See you soon!!!
Thank you for your time,
--ph--
Inviting people who asked to be tagged in the announcement posts: @borniet, @chinay04, @chocolatescorpi, @dantrin, @duskobgd, @felixxx, @foxkoit, @ganjafarmer, @gwajnberg, @incublus, @kvinna, @manclar, @melinda010100, @mell79, @mengao, @mypathtofire, @nabbas0786, @palomap3, @rafzat, @rarej, @travoved, @yummycruz1. If you want to be reminded about future shows, please ask to be added (or removed) to this list in the comment section!
Check out these links to the previous shows:
| Episode Number | Title | Link |
|---|---|---|
| SE09 | 3Speak issues and Discussion, Gambling Apps on Hive, Taxes, etc. | Link |
| 31 | TBA | Link |
| 30 | TBA | Link |
| 29 | HiveFest9, Impressions by @ninaeatshere, @achim03, and others | Link |
| 28 | How Do We Spend Our Crypto? | Link |
| SE08 | The Gang is Back, Breaking the Limits | Link |
| SE07 | Ecency Waves, HivePower, Splinterlands, HiveFest, LPs, and more! | Link |
| 27 | How Hive Proposals Work? | Link |
| 26 | Content Creation Experiences | Link |
| SE06 | Education, Traveling Ecency Spoilers, Hive elephants... | Link |
| 25 | Why Did the Hive Price Drop? | Link |
| 24 | What Do We Expect From Hive and Crypto! | Link |
| 23 | Aachen Meetup and WorldMapPin Talk With @detlev! | Link |
| SE05 | Usernames Origins, Age, Early Retirement, Crypto Portfolio, and more... | Link |
| 22 | Helping Hive to Thrive | Link |
| 21 | Make Yourself Uncomfortable (on Hive!) | Link |
| 20 | First Excursions Out of the Comfort Zone | Link |
| SE04 | BuzzParty Impressions, Weekly Recap, Bonfire | Link |
| 19 | Ways To Buy/Sell Hive! | Link |
| SE03 | Foods, Crypto Research, Education, Predictions | Link |
| 18 | Best Tools For Content Creation | Link |
| 17 | Consistency and Adding Value | Link |
| SE02 | After Show Show | Link |
| 16 | CBRS Philanthropy Chat With @minigunner! | Link |
| 15 | Profit Taking Planning | Link |
| 14 | Ecency/Hive Chat With @good-karma! | Link |
| SE01 | Relaxed "Exclusive" Session | Link |
| 13 | Writer's Block and How To Overcome It | Link |
| 12 | Hive-Engine Tokens | Link |
| 11 | Hive Guidelines for Newbies | Link |
| 10 | NY Resolutions and Creating Hive Goals | Link |
| 9 | How Was Your (HIVE) 2023? | Link |
| 8 | Presenta tu comunidad - ES/EN Show! - Part 2 | Link |
| 7 | Present Your Community - Part 1 | Link |
| 6 | How to Start on Hive? | Link |
| 5 | Do You Upvote Quality Posts? | Link |
| 4 | Genuine? Authentic? To be or not to be? | Link |
| 3 | Hive Power, HP Delegation, HivePUD... | Link |
| 2 | Hive Meetups, HiveFest, HiveBeeCon | Link |
| 1 | Pilot Episode (Aired 2023-10-18) - The Vision | Link |
š Vote for Liotes HIVE Witness HERE š
Don't forget to follow, reblog, and browse my Hivepage to stay connected with all the great stuff!
Love to talk about the latest Delegation Reward programm of @worldmappin if you like to have this topic.
The topic is HivePower delegation, and it could be one part of the show... So, why not... I suppose that people would like to hear your opinion about delegations and different aspects of it... ;)
I'll probably miss tonight's live š, which will be super interesting, given the subject matter. I hope the video (when 3speak is up and running) will be full of useful information, questions and answers...
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Live show is on now! Come join us.
Sorry, to late as my job was eating my time again....
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What about joining some curation trails rather than delegating HIVE Power?
Nice question... Come to the show and ask other participants about it... š
IMO, and I want to emphasize that, curation trails are a bit better than delegating out people that others use our upvote... But in the end, manual upvoting is probably the best way to do things... just my 2c... š
100% š
With the manual, all this on Hive is raised to a higher level, a closer relationship between the author and the curator, the author knows that the one who voted for him really follows him. But again, it's a matter of time, and have the same for Hive.
It's better to have a trail than to have HP sitting on your account and doing nothing?
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I think the first time I attended your live was the third episode, in which I first heard the power of HP. and in which direction to go (NFA š).
Then my vote was worth 0.003, today it's 10x more... The direction is good, I like that, in addition to increasing the value of my wallet, I share more value with others on Hive.
Woohoo... Great to hear that your vote is 10x bigger than it was last year! šŖ
The next step is to see HIVE going up and the value of the vote going up as a consequence of that!
Heh I think it might have been me who recommended that.
Back when I was just getting over the huge stake of 10,000 HP (huge because I only set out to accumulate 1000 at the beginning) I started delegating more. 10k was enough for my votes to be worth something and I could help others as I was helped along the way. I can remember when @surpassinggoogle delegate 777 hive (steem!) to me and how much it excited me to have that boost and use it.
I started putting up prizes for contests which were filled with active builders and for curation projects. Besides the magnanimity of it all, it really helped with my networking and visibility to other larger builders and every bit I put out seemed to come back in the form of support and connection with the community.
Life has a way of pulling me around and I battle for creating and curating time but I will always battle and strive to be more involved despite the business. Hive lifer.
Hehehehe.. It was probably you... Thanks for the inspiration and "recommendation" for the main topic of the show! We had a great discussion and I hope I will be able to post the recording for later check out... If 3Speak doesn't come online in the next few days, I will probably upload the recording to YT and embed it into the post...
Thanks for sharing your delegation story... š
It's an interesting topic, but one of my goals since learning about the dust threshold was a 5% upvote above that threshold. It still seems so far off from that, but I wanted to keep some control over what I could vote on and still reward those users.
I think that this isn't at 2 cents anymore as it was before... It is at 0.002 HBD (author+curation), as the minimum payout is 0.001 HBD... But, I could be wrong...
I think I already missed the podcast time. : )
too early (too late) !LOLZ
I have delegated less than half of my HP, the reason is to support some projects while also getting some tokens from the said project, at least I can get something in return instead of only HP from the curation reward. Also I am not really good at doing manual curation, don't have time to be online quite a lot or know the best curation window. because mostly I vote when I can, and when I see the post. : )
lolztoken.com
Details are sketchy.
Credit: reddit
@ph1102, I sent you an $LOLZ on behalf of ekavieka
(1/8)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP
Yeah, you missed the show... š
But, there is a recording... Now we just need 3Speak to come back online and to enable the uploading of new videos... š But, it was a great show with a lot of great information from participants!
I probably won't be awake at these timings (unfortunately), but let's see. :(
!LUV
@ph1102, @relf87(4/5) sent you LUV. | tools | discord | community | HiveWiki | <>< daily
You have to move to another timezone... š
Btw. the show was great and I hope that 3speak will work soon as I'm accumulating all these recordings... š¤£
ššš
I like ecency delegation, they upvotes quite a lot, too bad they just give HP back... You know any delegation who provides hbd too? As you would get with manual curation
With manual curation, you don't get HBD... You get HP...
Personally, I'm all for manual curation and NOT delegating HP to get automatic upvotes... It kills the purpose of HIVE, decentralization, and actually does the opposite... centralizing voting power...
But, that's just my opinion... ;)
You've been curated by @plantpoweronhive! Delegations welcome!