RE: RE: empo.voter? what is it good for?
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RE: empo.voter? what is it good for?

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1y

Hole Ervin, how are you? Hope all is well.

I will try to summarize everything in a few words.

Hive Power Ventures is a project that started ~2 years ago and whose initial goal was the largest possible accumulation of Hive Power and in its early days the PWR token behaved as a soft-pegged token at the price of HIVE.

That goal has been changing over time and today it is a growth token with a large exposure to ETH among other things.

You can track the project's portfolio at this link.

Some economics:

  • No founder, presale, or initial airdrop. Initial token supply was 5K tokens into a LP.
  • The only way to mint new PWR is through a Hive Power delegation to empo.voter@empo.voter which currently pays a 15% APR (this apr is variable but i made a promise to keep it until early 2026 at least).
  • From very recently it started paying HIVE dividends apart from a very decent apr to LP's.
  • Since ETH has been outperforming lately HIVE, PWR also outperformed. Idea is to make earnings flow over time to holders through dividends and/or buybacks.
  • Long term goal is to be a big HIVE ecosystem player and buy huge amounts of HIVE/HBD.

Any questions, just feel free to ask :)