Legion has been growing nicely as of late. More and more people seem to be buying and holding their stash of LGN to get some of those nice daily's that comes to your account if you hold some of them.
We've been growing our LGN account on the side as we build stuff for it. One thing I definitely learned with BRO is to not splurge sales and buy decent stuff with it. So today we bought a BIG chunk of rug.
This is the only project that's buying hive off the open market right now
We bought 787 RUG at a total of 1520 Hive. I actually plan to buy a lot more because of the current price of hive. When hive is more expensive we are onto a winner here.
Anyway, let's delve into these earnings a little more in depth.
Here is the earnings report for RUG and how much we've brought back to hive each week.
We are at week 9, so let's analyse my rewards from rug, which previously stood at 210 RUG owned.
210 RUG brought me in 3.879 staked DBOND for the week. DBOND is priced at 1 hive each, so essentially our 210 RUG earned us 3.879 Hive.
Of course I'd rather stake that DBOND, because more DBOND earns us DABS, and holding those earns us hive every day as you can see here:
This amount is actually increasing daily because of our daily mint.
Now we sit with 997 RUG in our account so that will roughly 5x (just under that) our rewards. So if say hypothetically the harvest is similar next week then instead of almost 4 DBOND, I'll receive almost 20. This will add to my DBOND staked total.
So let's work this out then as to how much value RUG is adding to what we already have.
RUG technically should add 20 DBOND a week to our stores. That's around 20 Hive weekly. Our DABS collection is increasing by 2 DABS per day so far, and our DABS collection is earning us about 0.565 Hive daily.
So let's work this out:
20 DBOND weekly: 20 Hive /week
Dabs per day: 2 DABS = ~ 4 Hive /day
Hive earned from DABS: 0.565 Hive
Soo, that is: 51.955 Hive /week or 7.4 Hive /day
That will also increase as every time RUG mints DBOND that comes in staked and will add to my dabs stash.
This is going to look pretty nifty in a few years. I hope you guys are getting in early as I am!!