TRACKING my Financial Growth on Hive chain
Hello readers,
I hope all of you are doing well and if you are an active user of the Hive blockchain l, the you must be used to spend time to read and write blogs on this blockchain and also interact with a large collection of Dapps built in this blockchain from NFT play2earn games to investing in a range of available layer 2 tokens from meme to Dividend like tokens. Hive is quite a vibrant chain with and thousands of active user-base from Around the world and unlike most of the other useless chains, Hive is actually creating value through its vast range of articles and threads in different genre from finance and crypto to photography and arts, sports and music etc., anything you love or anything you admire, you can find a new home in Hive. The onboarding process on this chain is quite easy nowadays, just create a free account on any front end like www.inleo.io using your web2 id like X/Twitter or gmail and start interacting with others and publish blogs and short threads for a chance to earn money for your valuable contribution. Here, users can start their quest literally for free of cost and through their activity in the chain and provided value in form of blogs, threads or comments and votes will be rewarded back to the user in form of crypto tokens, so with time one can earn a decent income from here through his/ her contributions and start building wealth on this chain and keep earning more as well.
Like many of you, I am also an old user of this blockchain and among all the projects available in here, I mainly get involved into publishing posts, playing games like splinterlands and rising star etc, and sometimes spending times on Inleo threads just to entertain myself. I used to play splinterlands heavily but have recently reduced it and focused on growing my main 3 assets on this chain - Hive Power, HBD Savings and Leo Power. In my years of experience in which I have burned my hands so many times investing in bad projects, I thought it’s important to build stable wealth rather than gambling with my hard earned money. So for a while, I am only focusing upon building my Hive Power and HBD which I keep in savings and lastly, my staked Leo tokens which I use actively to curate InLeo posts and power up Leo tokens on every monthly LPUD event. As I started tracking my change in all those 3 assets on weekly basis, So in this post, I am going to take a look on these 3 and track my progress since my last financial post publish 9 days ago. So without any further ado, let us jump right in.
HIVE POWER
First of all, lets talk about Hive power and for those who don't know, Hive is the native layer 1 token of the Hive blockchain and it can be staked and used to vote posts and threads or comments to get curation rewards. Users would get 50% of their vote value back in form of Hive Power and it helps you to earn more Hive power while also building an influence on this blockchain. In my last financial post 9 days ago, I had a total of 12,959.285 Hive Power and today as I just checked, I have successfully crossed total 13k Hive Power and right now having 13,202.257 Hive Power. So in this last 8-9 days, I have gathered total 242.972 Hive Power in my staked Hive wallet. My target is to reach 15k Hive Power as soon as possible and then I may delegate a portion of my Hive Power to different projects to earn their coins.
HBD Savings
The next asset that I am focusing upon to build gradually over time is HBD Savings. If you do not know, Locking HBD in savings wallet gives you 15% stable apr paid monthly in HBD. Earlier it was 20% but just recently it got reduced to 15% but still, 15% earnings on stable coins with minimal risk is a good investment to me and that’s why I have kept a decent amount of HBD in savings ans also try to increase it slowly over time while I also some times withdraw HBD for my life expenses. Overall, it is a stable area that gives me both peace and opportunity especially in volatile markets and ifs a good thing to maintain a portfolio with a portion of stable coins or assets as the OG people say. In my last post, I had total 1,240.204 HBD but I have managed to increase it by a little as right now, I have a total of 1,268.157 HBD is saving account. So I have increased my HBD balance by round 28 HBD. I have earned 4.645 HBD in last 9 days for my savings amount and it would have been more but I also converting some of my HBD post earnings to liquid Hive to hold them for better days.
LEO Power
Last but not least, let me now take a look at my Leo power, as just like my Hive Power and HND, I also like to grow my Leo power over time. Leo is the main layer 2 token of the Inleo project and community and this token is my favourite L2 Token as I love all the Inleo projects and the whole team. I tracked my total Leo power, 9 days ago it was 11,150 and today, I have 11,300 Leo Power and also 49+ Leo which I earned from rewards since the LPUD event. Last time I again powered up 150 Leo in my account and this month on the upcoming LPUD, I will try my best to earn and state another 200 Leo to reach 11,500 Leo power in total. I will also need to find time to interact more in threads as there we can earn more Leo and hive tokens besides just posting blogs.