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