The Hive Blockchain
Before I created my first account on Hive almost two years ago I didn't know a lot about Hive. I did notice that posts that were made on the Hive Blockchain were receiving Hive tokens which represented a certain value.
I was intrigued by the idea of creating content and getting rewarded for it, so I decided to create an account.
Because I was uninspired I used a random nickname generator to create a username for me. I registered the name that came out of the generator; GruesomeMoose.
But after thinking about it, I found it not too friendly, so I came up with friendlymoose instead.
2nd Layer Tokens
A few weeks after being active on the Hive blockchain I discovered that I was collecting more tokens than only Hive. When I found out about hive-engine (https://hive-engine.com/) I found out that I had already collected loads of different tokens without realizing it.
You receive these free so-called second layer tokens in a couple of different ways. At first you can receive them when you create a post with a certain tag or within a certain community.
Votes of other users that have those tokens staked will get you small amounts of those tokens too.
And when you stake the tokens yourself (via the hive-engine) you'll receive curation rewards for those staked tokens too.
This way it is possible that you receive curation rewards from a couple different tokens just by casting one vote.
Why multiple accounts?
If you're receiving all the different tokens just by one vote, why would you bother creating multiple accounts?
As you probably know the number of votes you can give away is limited. With every vote your voting power will decrease a bit. It does recover over time, but you do have to wait for that.
And then there is this unwritten rule that your voting power shouldn't be under 80%.
It takes 10 times a 100% vote to bring your voting power down to 80%.
And as you can see in the screenshot above it takes almost 19,5 hours for my voting power to be at 100% again.
But what if only one or two of these ten votes is on a Leofinance post? Then you don't make the most out of your stake. You 'throw away' eight valuable votes.
Leofinance and ProofOfBrain
Apart from photography I'm also interested in crypto, so I lurk a lot in the Leofinance community and I also create daily #leofinancestats
And a year ago I discovered the ProofofBrain community and started posting there and using the #pob tag.
Being active in these two communities resulted in quite a bit of their tokens and the 'loss' I mentioned earlier was getting bigger and bigger.
That's why I decided to create dedicated accounts for those communities. And that's how my @friendmoose.pob and @friendmoose.leo were born.
I started delegating POB tokens from my main account to my @friendmoose.pob account:
At the moment I delegate 13549 POB to this account. Together with another incoming POB delegation I receive on that account my vote of this account is between 10 and 12 POB. That makes more than 100 POB for 10 votes.
With the current value of $0.01 for 1 POB it isn't much, but still around $1,-
And when you keep on staking the rewards it will slowly become more and more.
So it's wise to check your hive-engine to see if you have a lot of tokens you didn't know about and in the first place stake them and maybe in the second place delegate them to a dedicated account if you think it's worth it.
Posted Using LeoFinance Beta