Each week I like to write up what I've found new happening on hive. It's a way to help keep people aware of things happening on the blockchain. Now this isn't everything as it's pretty much impossible for one person to keep up with it all. So if you're a project owner and you had a decent update for this week that wasn't mentioned feel free to drop it in the comments so I can be sure your project is on my radar.
HIVE
Every weekly report starts with price action of the token. Week over week the token has had little movement. From $0.23 at the start of the week down to $0.22 there was a bit of a loss. The loss isn't much compared to the overall swings that the general markets have had overall.
Now if we compare that to the likes of Bitcoin over the last week
We can see the the overall market prices don't have much affect on hive anymore. It does follow it a bit but often on up days you'll see hive stagnate and then on down days you'll often see it follow but just slightly.
This is showing that hive is having more and more of the disconnect from the overall general crypto markets and I'm not so sure that's a good thing.
Hive Battles
Ah you gotta love a DHF that gets pillaged and then wont support it's top performing application that has burned more hive then it's asking for, has brought in thousands of new users and given some good branding to hive overall. While still supporting just as expensive projects that are brining little to no value at all to the hive blockchain as if this money grows on trees.
To me as a decent sized hive holder a project that is funded by the DHF has to fall into one of two categories if not both. The first being core development which costs money but doesn't have any way to generate money makes sense that the DHF should fund it. Or the project is a application in which has a plan or has already contributed far more to hive then what it is asking for. Think of it as a kick starter or a jumping off point for the application of which it then needs to have a plan to be self funded and generate profit after.
These are the ONLY two cases for myself that a DHF proposal should ever pass otherwise you're just extracting money and depressing the overall ecosystem.
These are simply my views and what I look for when I vote on a DHF proposal. Of course everyone is entitled to their own views and that's why having hive power can be a very powerful thing. If you don't know about proposals or witness votes I do greatly encourage you to learn about it and cast your votes. In fact I think I'll write about it in my next article to try and educate users of hive and get more of them involved.
Goals
$HIVE
Goal: 250,000 Current: 112,927
Week over week I had a small decrease from last week only pushing 419 hive powered up for the week. This is a direct result of my articles getting about half of the vote value compared to what they used to.
Moving forward I'm considering posting twice a day on some occasions. This is mainly because I've made up my mind to dedicate some hours to a project that I should have done a year ago but was honestly just too dang busy. But instead of watching a show or movie at night for some down time I'll be working on the project instead. Let's just say it has a lot to do with Hive and Leo and I think it's going to work out rather well!
This also means we pushed 59.8 hive powered up per day which is decent considering the fact that my goal is 100 we are well on our way there.
HBD
Goal: 182,500 Current: 4,424
A decline this time around and that's because I removed 100 HBD from savings and got Premium for a year on Leo. This was a hit in the short term but long term I have a feeling it's going to pay off well so better to get started now!
You might be wondering why 182,500 as the goal and that's simply because of some math and numbers. At 20% APR that would mean 100 HBD per day which is a goal.
$LEO
Goal: 150,000 Current: 141,256
Week over week we pushed only 392 Leo this time around or roughly 56 leo powered up per day. That's actully very small compared to what I was hitting before. It does however put me on track towards my goal for end of year. I've made a few moves in order to try and bump this up again faster. Those being...
- Adding more liquidity to pools
- Upgrading to premium for a year
- Starting a new project
- Threading more
- Increased hive delegation to leo.voter
- staking rewards earned auto which pushes me to a 16% APR
Splinterlands
My goals here are still the same. At least 1 million SPS powered up, at least 100 of my 142 plots of land up and running but I've also now expanded this into liquidity pools.
Posted Using InLeo Alpha