I'm feeling glad to see our beloved chain showing some strength! It was about time. For Hive Power Ventures it's been a busy month with quite a few updates, so let's recap.
You haven't received any yet and you qualify? Let me know below in the comments. I'm managing the list manually for more control over it, so it's possible I've missed some names from the holders list.
@empo.voter (the delegation & curation account) keeps providing
@vventures (the holding account) with a weekly flow of curation rewards.
@empo.voter currently holds ~17K HP which is in a permanent power-down (~1400 HIVE/week).
@vventures stays flat at 50K HP and started a 100% powerdown in order to have more liquid funds available. Those funds will be kept there fully liquid and only be sold for HBD when/if the time comes.
My idea is to use those HBD to overpeg PWR when the next bear market comes.
Now that @vventures is in full powerdown mode, I asked myself what to do with the HIVE which enters weekly from
@empo.voter...
It was already public, but I'm now disclosing that over the last month I started accumulating a couple projects from Hive-Engine with Hive Power Ventures funds: @Holozing and @Gifu.
Although I'm a heavy suporter of both, Hive Power Ventures is NOT officially affiliated with any of them.
If these projects make a run over the next months, I want to be ''partially'' exposed to them. All the profits coming from this venture will fat our HBD counter when the right time comes.
I managed to get some ZING early... enough to be the top liquidity provider for the ZING-SWAP.HIVE Pool.
Just WOW (Not intentional to be the #1 LP by any means):
It would be irresponsible to keep adding there, so I'll farm that juicy APR for now.
Bought a decent bag and acquired the 0,2% of the total supply. It's not much in $$ terms. But again if this makes a run it would be solid multiplier. Might add some later.
Plus they added some PWR before: Gifu invests into Power Ventures!
So it's only logical to collaborate there. Happy to follow the Gifu train!
With the remaining HIVE I've started DCA'ing (again) into the PWR-SWAP.HIVE Pool.
This will be the ''default plan'' for now.
100% of curation rewards will now be used to stabilize PWR at 1:1 with HIVE.
If PWR it's pegged with HIVE (or above), this HIVE will be added to the Pool, further improving pool depht.
I'm obviously tracking this; all on HIVE terms:
And this is everything for this report.
Enjoy the HIVE gains my fellow hivians.
@commentrewarder set up as beneficiary (3%).