This is my third post and third week to be playing HashKings. My first week's post was about BUDS
staking and my second about buying and planting land and seed.
I was wondering if there were other ways to get seed in addition to buying them on the market and I discovered there is.
Per this article, things have just changed with the HashKings game and a new way to get seeds has been created.
@hashkings/this-is-the-new-way-to-get-seeds-on-the-farming-game
To participate in the Seed Pools, you burn either BUDS or MOTA. Each Pool (BUDS and MOTA) will be giving away 7500 seeds each week. Since I am renting a SouthAmerica Land Plot, I will be participating in the Southamerica BUDS pool.
To get to the pool, click on the lab in the righthand side menu and the below screen will appear. Then you choose if you will be burning MOTA or BUDS.
Rent vs Buy
At this point in time, I believe it is more economical to Rent land plots for a month than to own. The lowest South American Land Plot on the market cost 4.6 Hive to purchase and only 0.062 per month which is only 0.744 Hive per year. At this rate, I can rent land for over 6 years.
If the rate increases substantially, I will need to revisit my Rent vs Buy calculation. But in the meantime, I rented two more South American land Plots and one Mexico Land Plots since it was just as cheap as the South American ones.
Need Seed
I need seed to plant in the plots. I purchased a few from the market just to get them planted but I want to try out the new BUDS Pool.
To buy one seed for the Mexico Land Plot, it cost 0.127 Hive and to buy three seed for the SouthAmerican Land Plots, it cost 0.03 for Panama Red and 0.04 for Columbian Gold.
The Mexico seed is clearly a lot more expensive but you get a lot more BUDS tokens when you harvest the Mexico land plot compared to the South American Land Plot.
I will be taking the cost of the seed to plant once and burn it in the respective BUDS Pool to see if I get more seed from Burning BUDS vs buying from the market.
I burned 520 BUDS in the Mexico Seed Pool.
It appears I should receive 10.5 Mexico seed if the payout was today instead of the one seed I could buy with the same amount of BUDS. I expect as more players get into the BUDS Seed Pool, the number of seed I will receive will decline. The one thing I could not tell from the screens is when the payout of seed will occur.
I did the same thing for the South American BUDS Seed Pool but since I have rented three land plots, I took the cost of .04 times three.
the estimated seeds I might received from the South America seed pool is 139.931 This seems very high but then again once everyone starts adding to the seed pool my share will greatly decline.
Adding to BUDS Staking
I also want to add to my BUDS Staking since I will need a lot more BUDS for future actions in the game. My last post does not payout until later today but it was looking like it would payout close to what my prior post paid out a little over 0.5 HBD. I will know when it actually pays.
I bought an additional 4000 BUDS and staked them to see how this would do. Hopefully it will increase around the 17% APR that my staking returned in the first week.