10 Little Dragons

It's funny how things are different than I expected after the second week of having delegated to four different communities.

Hive account@stonegale.gld which delegates to Hive account@amazingdrinks was top performer having got its first delegation after 5 days .. but now there hasn't been any delegation rewards after 15. Weird.

It's 8% return now gets dropped to 4%

Hive account@emberfang.gld which delegates to Hive account@diyhub received another reward exactly the same as the first one right on time. So it continues at 8% return.

Hive account@cinderclaw.gld which delegates to Hive account@actifit did finally receive its delegation reward. I guess they have a fixed day to distribute delegation rewards and they didn't send on the first day as I hadn't delegated long enough.

but

Their rewards were pretty paltry. I was able to purchase roughly 10 GLD tokens each week from the proceeds of diyhub. 10 GLD from the proceeds from amazingdrinks reward the one time they paid out. When I sold the HIVE and HBD that actifit sent? Only 2.015 GLD. That is pretty bad.

Still, they give AFIT tokens for those who use their platform. They give HIVE and they give HBD. If it all added up to 8% value I might recommend them. Right now they are solidly in last place.

Of the original dragons that leaves Hive account@ashflare.gld the supporter of the PAKX! token. Hive account@pakx was distributed every single day which was really nice.

Now calculating how valuable those tokens are? Kind of hard to do. It is still a thinly traded token with a wide spread but I could sell all of my reward tokens so its liquid enough for my needs. IF I sold those tokens I would likely get about 21.2 GLD (PeakD says the tokens are worth .212 HBD and GLD is pegged at 100:1)

Or if you prefer seeing swap.hive 0.9699 HIVE.

That would put it at top of the list as emberfang only has 20.415 GLD tokens

Take home message

At the moment things look lop sided because it is still early in the evaluation process. I'm guessing amazingdrinks is manually curated by a real world person who has a real world life..and things happen. Actifit may be a big name but has poor delegation returns. I already knew this which is why I picked it to show everyone--not every delegation is equal! diyhub has been solid so far with a food return. and PAKX has gone from a fair but lackluster first week to be #1 in the list for second week.

But PAKX requires a caveat. Hive account@dlmmqb knows that token well and has pointed out that it is fundamentally different than the others. He may be more bullish on the token saying that it is worth 2 HIVE per token in the future as things roll to their full potential. I won't speak to that because I'm just looking at the current flow of things.

I will say that the ability to call the PAKX curator by using the !PAKX command makes it an extra valuable token for someone who is a regular poster. A single upvote a week is worth as my as the delegation reward. The daily payout once it gets started is really nice. The return is similar to what I would expect. If it had a liquidity pool or a little stronger buy and sell wall it would tick off all the boxes. Even with the thin trading it still deserves a GOOD JOB

Cheering on your favorite dragon

Thanks to Hive account@emreal and Hive account@gwajnberg for cheering on Hive account@gldragon and Hive account@emberlash.gld

In the future when the dragons are battling those cheer's will help their chosen dragon to victory. Right now they are just showing how its done.

1. Receive free GAMER token by holding GLD
2. Send the GAMER to Hive account@gldragon to show you want to CHEER
3. Hive account@gldragon will return your GAMER tokens AND give SPORTS tokens
4. Send SPORTS tokens to the dragon you want to CHEER
5. Get GLD and SPORTS tokens back depending on how well your chosen dragon performs

This week?

The GLD pot is tiny as it just started, but 10 GLD tokens will be sent to both Hive account@emreal and Hive account@gwajnberg ... Thanks for participating.

And for anyone else who holds at least 1 GLD token? Reply to this message and I'll make sure you can cheer next round. If you can't afford 1 GLD token? Well, send a message and I'll see what I can do :)

Dragons that didn't get a mention

Hive account@crystalwing.gld which delegates to Hive account@leo.voter did not get a mention this week. I'm setting up a dragon of its own to watch the Hive account@leo.voter delegation and its a lot more convoluted than I thought. But the returns are good. But with $LEO, $SURGE, $LSTR ... LEO staking, delegation, and more it deserves more than a one paragraph write-up to do it justice.

The curation dragons? No rewards from curation yet so they don't get mentioned this week.

And I want to give a special shout out to Hive account@tokenfaucet

A project I believe is run by Hive account@kenny-crane (no guarantees on that). 1000 PEPE tokens were sent by the faucet for free. So cool. Thank you.

If the faucet keeps running... I'll keep collecting the drip to add to the GLD token creation fund so I can give out bigger rewards. Well slightly bigger rewards. 1000 PEPE tokens aren't worth that much.

Thanks for reading and that's this weeks writeup.