The Relict Report #1: The ARMERO Token

(edited)

hive-relict-post-header-relictreport1.png

My investments are focused a lot on dividend paying tokens with long-term perspectives. This is a short overview of my progress so far, both for my own accountability and an extra incentive to progress each week, and for others who are interested in dividends and passive income.

If you're only interested in the ARMERO token, skip down to The Tower section.

hive-relict-banner-vault.png
Here at the Vault, I manage amassed assets and note down additions as well as goals.

The BRO token is amazing, but currently quite expensive in comparison to it's dividend, so I'll just hold my current position. Instead I'm working on building up a sizeable LGN position, and in addition to buying them on the market, I'm working on setting up a decent sized delegation to aquire more LGN that way.

The BRO Token

Current holding: 10
Current goal: Happy with my 10 BRO, currently.

The LGN Token

Current holding: 0.5
Current goal: 50

The SPI Token

Current holding: 2.65
Current goal: 10

The EDS Token

Current holding: 18.8
Current goal: 100

The DAB Token

Current holding: 34
Current goal: 100

The INCOME Token

Current holding: 5
Current goal: 10

The ARMERO Token

Current holding: 100
Current goal: Happy with my 100 ARMERO, currently.

hive-relict-banner-tower.png
Here at the Tower, I look for new interesting opportunities, or dive a little deeper in some of the tokens that I hold, or plan to add to my holdings. Today I’m focusing on a dividend paying token that’s called ARMERO.

What Is The ARMERO Token?

The ARMERO token is a tokenized share in the @armero account, a top ranked dCity for earning income and a high rank liquidity pool provider in the SIM:SWAP.HIVE liquidity pool.

Based on the presidential options, @armero gets compensated by the government for the Sick Citizens it holds. It uses that SIM to create an LP bond of SIM:SWAP.HIVE. In this way ARMERO continues to help to stabilize the price of SIM.

It generates 0.001 HIVE per week of dividends and uses the rest of its income to grow its base, for example by expanding its liquidity pool position and occasionally purchasing additional dCity NFTs.

The above text is partly borrowed and paraphrased from the below linked articles, where you could read deeper about ARMERO.

Why You Should Hold ARMERO Token In Your Portfolio

Sanitorium Society Dividend Apr 28, 2024

Why Do I Like ARMERO?

Backed by great people

The token and the dCity Armero is run by @ecoinstant from INCOME Synergy Fund. I have great faith in his projects, so I feel quite safe being involved in this experimental project.

Exposure to dCity

I am someone who has neither the time to play nor the interest to learn how to excel at @dcitygame and make it profitable for myself, but I still like to support and partake in the dCity project. It seems to be one of the longest running profitable blockchain games on Hive. Truly an OG.

Plus I love management games where you get to juggle complexity, I just do not have the time for activities like this currently. So I'm happy to support the game as a holder of a token that aims to support the game instead.

Passive Dividends

As a holder of 1 ARMERO token you currently get a dividend of 0.001 HIVE per payout. The payouts occur once every week.

What Did I Do?

I have aquired and currently hold 100 ARMERO, for a payout of 0.1 HIVE per week. This is a brand new holding for me and I’ve not had time to review how it actually works out, other than reading up on the project, and the project seems really solid. It seems both profitable and has a great flair to it.

hive-relict-banner-end.png

Do you enjoy my work?

If you do, consider supporting me (and yourself at the same time) by including my username in a Hive SBI share. Read more about Hive SBI here

0.00013458 BEE
4 comments

@relict, thank you for supporting the HiveBuzz project by voting for our witness.

Here Is a small present to show our gratitude
Click on the badge to view your board.

Once again, thanks for your support!

Check out our last posts:

0E-8 BEE


Congratulations @relict!
You raised your level and are now a Minnow!

Check out our last posts:

0E-8 BEE

Congratulations @relict! You received a personal badge!

https://images.hive.blog/70x70/https://hivebuzz.me/badges/pud.png?202405011823You powered-up at least 10 HIVE on Hive Power Up Day!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out our last posts:

0E-8 BEE

Congratulations @relict! You received a personal badge!

https://images.hive.blog/70x70/https://hivebuzz.me/badges/pud.s1.png?202405020003You powered-up at least 10 HIVE on Hive Power Up Day! This entitles you to a level 1 badge.
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out our last posts:

0E-8 BEE