Hello Hive community!
I hope all of you are doing well in life and enjoying a happy weekend with your family and friends. Today in this post, since another week has passed since my last weekly progress tracking post, I am excited to share another chapter of my adventure on the Hive blockchain. Well, this time, my excitement is because of my latest achievements which I am about to share below. Now first of all, over the past week I have been tracking my progress closely as usual, knowing that Hive value has been decreasing recently, every small step matters now to maintain the same growth, that is why keeping and registering growth and progress is very useful and whether you are just starting out here or have been part of Hive for a while, I believe keeping an eye on your stats is a smart way to stay motivated and build a strong financial future over time.
In my view, regularly checking our numbers can feel exhausting over time and stress you out, but in a weekly manner, it is like reading the map of our journey in a more balanced way. It is also a reminder of how far we have come since our journey started and a guide to where we are about to head next. In this update, I will walk you through my weekly progress in three important areas - Hive Power (HP), Hive Backed Dollars (HBD) and Leo Power (LP). So if you are interested, let us explore without any further ado.
Refocusing on Hive
In my long time crypto exposure and after exploring many different blockchain projects, I can confidently say that Hive really stands apart. Unlike most of the blockchain based platforms that only promise quick gains without any real value building or straight away scam, Hive is a genuinely practical decentralized ecosystem running successfully for years and values its users. It is not just another crypto token, it is rather a unique web3 space where social media, gaming and decentralized finance (DeFi) come together under one single roof. Hive offers unique benefits such as decentralized funding for projects, decentralized witness voting and fee-less transactions for new and existing projects to thrive.
Now since December last year, Hive token has been riding the bull market well, recently reaching a recent all-time high of $0.65 and right now, it has dropped largely and being traded around only $0.293 per unit. Anyway, these attractive features, along with its strong community focus make Hive a truly exceptional environment for new web3 projects to find its initial audience and growth faster.
Hive Power (HP)
Now moving on to my progress part, let us first talk about Hive power and for those who are new to Hive blockchain, Hive Power (HP) represents the staked form of Hive tokens, which are locked in your on-chain Hive wallet. Staking your HP earns you curation rewards while You vote on other’s contents, giving you 50% of your vote’s USD value back in the form of staked Hive tokens. Not only that but staking more and more Hive also increases your influence within the community and also allows you to vote on proposals and support witnesses irrespective of your HP amount.
My HP Progress
Last week when I tracked my HP amount, my Hive Power was at 14,838.867 HP. Now during the bull run of Hive, I made a few adjustments and unstaked some Hive power to liquid Hive tokens and sold for HBD. But since then, I have again refocused on growing my Hive staked amount and won't be doing any more power-downs for a long while now. I am also very happy to report that my current Hive Power has crossed the 15k level again and I have re-claimed the Bumble Bee badge as well. Right now it is sitting at a total of 15,039.851 HP, which is an increase of 200.99 HP in just one week!
Hive Backed Dollars (HBD)
Hive Backed Dollars (HBD) is the Hive blockchain platform’s own layer-1 stablecoin, which is pegged to the US dollar. Apart from its stability being a stablecoin which helps us to protect value without leaving the chain looking for a stablecoin, HBD is also an attractive investment option because of its flat 15% annual interest rate on savings, making it a low-risk way to grow your funds. I treat my HBD savings wallet like my personal digital savings account and constantly transfer all my author rewards or any other earnings to benefit from this impressive interest rate and withdraw money when in need without touching any of my Crypto tokens.
My HBD Progress
A week ago when I last checked, my HBD balance was sitting at 4,233.729 HBD. Now I was sitting in a pile of Hive tokens before the recent pump and during the pump, I sold all my Hive tokens for HBD and locked them all in my savings wallet. Apart From that, I am also transferring all my generated author rewards to savings, and proud to say my total HBD has now grown to 8,695.019 HBD. That is a massive gain of 4461.29 HBD in just one week! Plus, I earned 49.209 HBD in interest in the last 26 days. If I calculate with my current HBD value, I will be earning 108.69 HBD monthly just from my current HBD savings, which will protect me from fighting in the upcoming bear season. I will be also trying to increase it slowly to bring me to my long-term goal of reaching 10,000 HBD one day.
Leo Power (LP)
Leo Power (LP) comes from staking $LEO tokens, which is the native asset of the Inleo platform, a major Web3 social media platform on Hive. Inleo allows users to engage with all formats like long-form blogs, short-form threads and short videos and also rewards content creators with Leo + Hive votes for their contributions. Just like with Hive Power, staking Leo tokens not only earns rewards but also builds your influence within the Inleo community.
My Leo Power (LP)
Progress At the start of 2025, I had a total of 12,165 LP in my account. But thanks to active posting and curating in the Inleo platform every day, after participating in the latest Leo Power-Up Day (LPUD), I have earned an additional 130.88 LP since January 15. I will be saving all my Leo earnings as usual and stake them all in the upcoming LPUD event. My main aim with $LEO is to eventually reach 15,000 LP and unlock the coveted “Lion” status badge.
Last but not least, I hope you found this update on my Hive journey insightful, motivating and encouraging. Keeping track of every little gain has been key to my progress, It keeps my interest of see and I believe it can help you too, no matter where you are on your journey right now. Your consistency, creativity and smart decisions can lead to steady growth over time in this blockchain. So don't wait, start creating!
I hope you liked reading my weekly progress on Hive post and thanks to you for supporting my blogs which is the true reason I am growing here. Let me know your thoughts in the comments below, and I will see you all in my next post.
Posted Using INLEO