Hi fellow Lions,
Today I wanted to chat a little bit about the great feeling of seeing some deeper Hive stats!
Hive Citizenship
There was something that went around weeks ago, and it sadly took me a while to get it into a post but it was in my drafts! Lol.
I recently got a glance at some of the deeper stats of my account when it comes to the rewards that I've distributed and the overall amount of Hive that I've kept on the layer 1 ecosystem here!
I was really excited to see that I've kept 65% of the rewards that I've received, with what seems like either curation or author rewards, attached to my account! I know some would say that it's foolish to do that, you need to diversify things and go for other types of rewards. For me though, with the Hive ecosystem, I am trying to keep as much of it as I can within the ecosystem, and certainly a considerable amount of that on the layer 1 of Hive as either liquid Hive, HBD or Hive Power. For the most part most of it ends up as Hive Power for me anyways, but it's good to see this portrayed in some SQL analytics from a member!
I am definitely a data nerd and enjoy a good set of data that's for sure. For me, these numbers were pretty cool in that it went a step further and let me know what my distribution of Hive Power was via my voting! To think that I've distributed 2,500 Hive Power through my votes when my votes until pretty recently, weren't even really worth that much! Lol.
An interesting aspect of it as well is that it also shows the amount of Hive Power that I've distributed to folks via my votes, and how much of that remains as Hive Power and kept or if it was powered down and sent or sold off somewhere. My percentage of retainment is a little over 50% which is pretty cool but I have some good thoughts about that number. With Hive, there is a great opportunity to be able to distribute votes and financial rewards to people who are living in regions of the world that are quite threatened from a fiat currency perspective. With Hive though, we certainly can change that pretty well!
This notion to help others on Hive in different ways, some financial and others like comments, engagement etc. is what I consider, and others like Task have previously commented about, important for being a Hive Citizen. Combine this distribution with being able to keep most of the assets that I am earning here on the chain as powered up on the layer 1 of the chain and I think this is what could do well to build upon for many others.
I know everyone's financial situation is different and there are sadly a number of bad actors out there who just rob the chain of rewards and siphon it off to the exchanges but there are a considerable amount of us that are doing what we can to earn the rewards that we all appreciate here on the chain and keep those rewards powered up, on layer 1 and working to spread things out on the ecosystem. I would consider anything above 50% of rewards retained as Hive Power to be a pretty solid goal that many folks can accomplish. It certainly goes back to the financial situation. We have a few people on here that are full time Hive Citizens and primarily live off it! That's incredible to me, because I am excited to be able to make some, however small, positive financial impact for people throughout the world is one of the coolest things to be involved in. A lot of people do it for greed and I can understand that, but for me I love to keep stacking those rewards and send out better and better votes to people across the whole ecosystem.
It's for sure cool to see some of these deeper stats and I'm hoping one day in the near future I will be able to successfully connect my laptop to Hive SQL so that I can formulate and run my own queries like this so I can nose around. I made some progress on it a few weeks ago but then things went sideways as I got sick for a few days and haven't been able to get back to it since. I'm definitely going to carve out some time this weekend to get things rolling. This has given me a little bit of motivation!
-CmplXty. Real human written content, never AI.
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