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Disclaimer: This post is not financial advice. if you decide to follow what I am doing you do so at your own risk.
After some thinking and testing I have decided to go with a new more complicated CENT token strategy.
The first thing I am going to do is buy more CENT and send it over to my curation account and stake it (that is where most of my CENT is because that is the account I curate CENT content on). I plan to buy $75+ worth over the next few days/ weeks.
Sounds pretty straightforward. Here's where the complication begins. The numbers below are estimates and may fluctuate from time to time.
With my curation earnings 50% will be re-staked. The other 50% will be sent to this account. I will likely do this a few times a week. I will then stake 50%-75% of that amount and delegate that to LOLZ (defi). What's left over will be sold until I recoup whatever amount of funds I put in.
I am still playing around with the liquidity pools and will likely add the CENT I earn on posts to the diesel pools- for a little while at least. The pools aren't super profitable compared to others but I do feel it's important to provide liquidity to support the project.
Once I have "paid myself back" I will likely start again and do a new cycle.
This strategy should help me increase my CENT power and thus my curation earnings, increase the amount of LOLZ I "mine" through their defi and give me some liquid swap.hive (from selling the tokens). A win-win-win :)
I'll write an update post once this gets going and let y'all know how it works out.
As always thanks for reading.