Hive-Enginomics

By ervin-lemark | Crypto World News | 13 Mar 2021


Hive-Engine economics, from a personal point of view.

It's actually the direct view into my Hive-Engine wallet, the tokens in it, and what it's done with them. No explanations or in-depth analysis. Simply an overview. You may find it consistent with your actions. Or maybe not.


Just a cover image


Main tokens

Apart from the SWAP.HIVE main tokens of interest are $LEO, $WORKERBEE, $SPORTS, $STARBITS, and $BEE.

$LEO because of @leofinance. Staking it regularly and on #hpud days.

$WORKERBEE, staked too, because it represents my involvement as Hive-Engine witness.

$SPORTS, staked, and liquid because I regularly post under #sportstalk tag.

$STARBITS because of the Rising Star Game involvement. Luckily, I can regularly withdraw $STARBITS from the #risingstar game and convert them.

$BEEs are a payout for $WORKERBEE stake and Hive-Engine witness node service. Eventually, they can be converted and invested further.


Tokens from general tags

This group represents tokens from tags being used with the general interest tribes.

$PAL for #palnet, $ARCHON for #archon, $NEOXAG for #neoxian, $BPC for #bilpcoin. Rewards from the posts marked with these tags are automatically staked because they follow the same reward policy as $HIVE. The other half, the liquid part is regularly converted to $SWAP.HIVE and used elsewhere.


Other tokens

$AFIT - 300 AFITs daily are received from the @actifit wallet. I sell them when the price is right. Lately, it isn't.

Other tokens which I receive occasionally and sell, are $BEER, $WINE, $WEED, $CCC, ...


Conversions and their destination

Sales of liquid tokens go into:

  • $LEO
  • $WORKERBEE
  • $HIVE

And then they are staked to further improve my position on the HIVE platform as a whole.

I might start putting some into $bLEO to take part with @cubfinance offerings. Read more here.

Currently, I am staking the dropped cub. The outcome is ...

 

 

I didn't withdraw and reinvest any CUBs yet.

How is your Hive-Enginomics progressing?

A suggestion to the @leofinance team.

Why don't you catch the $ sign as a sort of financial hashtag and automagically add the link to the appropriate LeoDex market page? For example, $LEO Thank you!


Better and better

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ervin-lemark
ervin-lemark

Husband, father, dog person, recreational runner, loves to travel, IT pro. Fascinated by old and new, from Oracle to blockchain and everything in between.


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