Main Hive Investment Portfolio - News and Progress Report on 30th of October 2021
My main Hive investment portfolio continues to grow on all dimensions and I am getting closer and closer to my targets. I consider that anyone could make a living solely from Hive assets as the first layer tokens along with secondary layer tokens should offer enough for any investor appetite. But within this post, I will be focusing on the main assets on Hive blockchain and the utility tokens, rather than diving into all second-layer tokens that I'm tracking aside. The main source of growth is ensured through content creation and I've succeeded to post almost every day and as well engaging through upvoting and commenting to get some additional rewards from curation.
Hive & Hive Power
At this point, I am powering all my Hive earnings in order to earn more from curation. I don't intend to sell any Hive soon considering the SPK airdrop from next year and I am trying to accumulate as much as possible in order to get a nice piece of the pie.
| Goal | Hive Power | Completion | Previous Balance | Growth |
|---|---|---|---|---|
| 10,000 | 7,008.381 | 70.08% | 6,869.856 | +138.525 |
Compared to the last report, I got a good gain of 138.525 HIVE which is equivalent to $109.12.
HBD (Hive Dollar)
I simply love this Hive Dollar stablecoin which I move every token that I get to the Savings for 10% interest. My immediate goal on this is to get a return of $1 a day, thus translating that I need to reach 3,650 HBD. A long way to go to reach it, but nevertheless quite motivating to reach a round number. And once I do that, will move to $2, $5, $10, and more afterward, but just to reach my first threshold first.
| Goal | HBD Savings | Completion | Previous Balance | Growth |
|---|---|---|---|---|
| 3,650 | 292.749 | 8.02% | 245.257 | +47.492 |
Compared to the last report, I got a good gain of 47.492 HBD which I'll consider equivalent to $47.492 from a stablecoin perspective. The current HBD amount in savings should provide nice returns considering the 10% APY.
- Yearly: $29.27
- Monthly: $2.43
- Daily: $0.08
BEE (Hive Engine Token)
The utility token of the second layer framework on Hive is one asset that I think has big potential as it powers the entire Hive sidechain outposts and independent solution. The sources that I use to get more BEE tokens are from content creation on TribalDex blogging and from providing liquidity on TribalDex. Currently, I am into the BEE:HBD pool, but I might extend also into the BEE:HIVE. Only that I appreciate all these assets the same and it is hard to stop growing on one in order to use the funds for others.
| Goal | BEE Assets | Completion | Previous Balance | Growth |
|---|---|---|---|---|
| 1,000 | 141.138 | 14.11% | 99.11 | +42.028 |
Compared to the last report, I got a good gain of 42.028 BEE which is equivalent to $34.42. The BEE assets are spread in the following sources:
-
BEE Liquidity on TribalDex: 82.960
-
Bee Liquid on Hive-Engine: 16.242
-
Bee Staked on Hive-Engine: 5.757
-
Bee Unstaked in Progress: 36.179
The total gains from the previous report are $191.032. The total portfolio stands at $5,924.29.
Future events and opportunities for Main Hive Portfolio assets:
HiveFest - Hive blockchain conference on 12-13th of November 2021 SPK Network - LARYNX Miner Claim drop having snapshot date on January 6th, 2022 at midnight PST. This is another reason to keep on powering or gathering HIVE!
Posted Using LeoFinance Beta
