Welcome to my stakecube piggybank report. My aim to to collect enough funds to make stakecube list Hive on any of their markets (StakeCubeCoin or BTC). But since Hive does not pay for being listed, we are going to pay stakecube users directly via community faucet. We don't need to raise thousands of dollars to make it worthwhile. If we won't succeed by 31st May 2023 all the funds will be returned as stated in rules.
The rules under this account operates can be found here.
How much did we raise? The best thing is that we can only go up from the start, in terms of Hive. Of course, in terms of dollars the raised funds may decrease, but since on Hive you can put your funds to use without entrusting them to anybody I hope I can beat the bear market.
I haven't still figured it out if I should post these reports with 50/50 or 100% in HP option - both ways have their advantages. Since APR on HBD is higher than inflation and curation rewards of HP, I'm leaning more into keeping 50/50 reward option set.
| Asset | Quantity | Value in USD | Change since last week |
|---|---|---|---|
| HP | 14.944 HIVE (+11.054 HIVE) | 7.52 $ | + 7.52 $ |
| HBD | 0 | 0 | 0 |
TOTAL: 7.52$
Additionally, there are some H-E tokens, will convert them to HBD and put into savings. I don't know if keeping these would bring us closer to main goal.
We are already at the beginning, but if you take in mind that StakeCube's faucet claims give about 0.005 $ which means we have already gathered enough funds for 1 504 claims.
Why list Hive
If you're an outsider and wondering why would or should Stakecube be interested in listing Hive at all. Hive is the only working implementation of Web 3.0 in terms of both infrastructure and control - it has no central entity that can be served or banned. The Hive is a community of over 30k active users (currently) onboarding hundreds of users daily.
In order to properly asses Hive market one needs to sum up it's whole ecosystem of first layer (let alone second layer) and its diverse variations. To sum up - Hive has many avatars.
Native Hive
Hive Backed Dollar - Hive stablecoin
Hive Backed Dollar - on Binance Smart Chain
Hive on Binance Smart Chain
by 
P.S. If you have any questions, please do ping
P.S. Didn't ping anyone in this post, but I hope theses posts would eventually reach some audience.