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A Simple 'Hunt' On Uniswap Turned Into A Big Win

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@jongolson
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3 min read

It's story time again...

About 2 years ago or so, I delegated to a project on the 'other blockchain'...

That project was called Steemhunt. They dished out these tokens called 'HUNT' and when they got started, everyone was a fan...Time goes by, blockchains fork, and a project that was once the darling of the chain gets forgotten....

Fast forward to August 2020 and I was reminded that these tokens existed...

Not only did they exist, but thanks to this new 'decentralized exchange' called Uniswap, I could flip these HUNT tokens for quite a nice amount...

(BTW HUGE shout out to @themarkymark and @taskmaster4450 because if these guys didn't write posts reminding us about the HUNT swaps, I would have never known to flip those HUNT tokens!)

So a few days ago, everyone starts raving about this airdrop they are getting...

Maybe you heard of it...

UNI token ;)

Imagine my surprise when I said..

what the heck, let's go see if I got those tokens...!

...I log into Uniswap and there they are!

400 of these flashy new tokens that I have NO IDEA at all on what I'm supposed to do with them...But they are worth like 2-3 bucks each!!!

So I quickly try to figure out the awful experience that is 'Ethereum' and end up spending close to 80 dollars in 'GWEI' to get these tokens out of Uniswap and into something I understand...

Of course, the experience that is Ethereum decided that my transaction should be dropped, so see ya later $80...I'm back to 400 UNI tokens without a clue how to get them out...

But then something amazing happens...

UNI starts....Trending up....Like, WAY UP!

Suddenly I have over $2000 of UNI tokens in my wallet....

Talk about a positive first experience with this DeFi stuff lol

And being that I know NOTHING about this DeFi stuff, and had an awful experience with Ethereum...I sold half of my UNI (200 tokens)....

I'm a crypto trading GURU!

Cause look what happened...

Hey look, I'm sure UNI will do great. Maybe it goes to the moon....I dunno, I don't understand a single thing about that stuff but I do understand...

HIVE!

I took half of the UNI I sold and ended up with over 3000 Hive from the trade with a bunch of BTC to spare...

And then did what I KNOW...I powered it up and sent some to the @ctpsb project!

What a fun 48 hours it's been :)

Few things I've learned...

  • Ethereum is awful on the user side of things, maybe it's the darling of the DeFi world, whatever...It's horrible to use and one of the worst experiences I've had in crypto. Not to mention expensive lol

  • I don't understand DeFi, Sushi, yield, Uniswap....But I sure do appreciate the air drop...Thanks smart DeFi people!!!!

  • I LOVE Hive! I understand HIVE...So I will more than likely end up spending all that BTC I still got from the UNI swap for more Hive Power...

  • But most important of all...This taught me to ALWAYS pay attention to what's going on in this crypto space, especially here on HIVE! We are blessed to have amazing creators and witnesses like @TheMarkyMark and @taskmaster4450 on this chain that without them, crypto noobs like yours truly would have NEVER have taken action and flipped those HUNT tokens in the first place....Which led to Jongo getting some UNI :)

Stay hungry folks....It's a wild world out there and who know when the next opportunity will pop up in the crypto space!


Note: This post will send 25% of the author rewards to the @ctpsb project because the CTP Community is....AWESOME!

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