Building Hive Goals and What's New This Week

in LeoFinance7 months ago

Each week I like to highlight things that are new going on with the hive blockchain and also jump into a few of my own goals, how those goals are going and what I have planned for the future.

What's New With Hive

The price of hive still continues to struggle. While the rest of the crypto world has bull run over the last year hive really hasn't seen any meaningful movement in it's price and instead has just bounced around the $0.35 mark. While that's not horrible and greatly up form the $0.11 it once was it's pretty clear now that hive just isn't going to move much at least in my opinion.

Between massive DHF funding happening on projects that are simply extracting money and not putting more in I do worry about the future of hive if this over spending isn't figured out soon.

A simple increase of price in hive would do more for adoption then any marketing that has been happening that's for sure.

In terms of new projects or anything like that there's really not much to update on the game front or anywhere else.

The biggest change has been more Hive assets like DEC and SPS from Splinterlands this might not seem like a big deal but I personally feel it is as DEC and SPS are some of the most traded hive blockchain assets and one of the largest applications on the Hive blockchain.

In this example I could trade 10,000 SPS for a little over 1,000 GLD tokens. So you can see how being able to swap SPS now for tons of new assets in and out such as Bitcoin, LEO, DEC, SPS, Ethereum, Maya, GLD, heck even pepe!

$HIVE Goals

Goal: 250,000 Current: 108,214

This weeks hive earnings were a little lower coming in at a total of 334 hive added to staking rewards. This put us at nearly 10 less hive per day earned coming in at just 47 hive added to power up per day. My goal is to get this to 100+ daily and this is of powered up hive.

So far I'd have to say good steady progress though. We are stacking more hive then ever before at this rates and I only see it speeding up.

HBD Goal

Goal: 182,500 Current: 4,101.97

Only added on another 38.58 HBD last week so the growth here is crazy slow. We are only pushing around 5.5 HBD per day but that's solo coming from article and threads which isn't horrible. For sure can't live off that lol but it's something and actully a much higher payout compared to other platforms. I don't see this meaningfully increasing until one of two things happen or both. The first is higher votes on my articles or a increase in the value of Hive that holds steady which will increase the HBD earned. Or I start stacking it in a more massive way to build up to at least the 50k level. At that point the passive nature of the 20% APR really starts to kick in at a little over 800 HBD per day which on it's own would add another 13 HBD per month to build.

$LEO Goals

Goal: 150,000 Current: 136,813

Actually good progress here I was thinking I was going to break even in terms of what was needed per day but we are actully beating it because the needed per day has been dropping by a small amount which is great news!

I also have more than this but I've been dumping small bits into the swap:hive>LEO liquidity pool here on beeswap. If I had to make a subset goal it would be to get to 500 -1,000 liquidity pool LEO. Not a massive amount sure but a fair contribution to help the ecosystem.

Splinterlands

I will say I am a little heart broken to see card values continue to decline. As much as it pains me I still have hope that within the next few years these assets will increase in value again in some way mainly with the release of land. The goal here is to hit 1 million SPS no matter what though. At these prices it just seems crazy and not worth selling off and instead to double down on the stacking because the risk to reward is very low right now.

Posted Using InLeo Alpha