Welcome back to my blog on creating a passive income machine here on the #hive platform.
I started less than 2 months ago, on 22th of october 2024 with this journey with a starting position of worth $3924,- which generated a passive income of $4,21 a day.
Link to first position
Today my position increased to $32205,- which generates a daily income of $20,33. Rather than just showing the numbers, I will try to dig into some of the different projects and explain my stance on them.
The table below visualizes my current different positions
I use the APR from the HBD savings account to evaluate if a project is worth investing. Generally speaking - I try to invest in projects that either make more than 15% (/have the potential to reach that %) - or - provide a lot of other benefits that do not directly generate passive income but which i consider valuable.
This benchmark means 2 things:
- New potential projects are evaluated before entering a position.
- Excisting positions are periodically re-evaluated on being still a vehicle that i have faith in - which might result in selling of that position.
BBH
One of the existing projects which I am currently re-evaluating is my collection of BBH - miners (BBHM).
While I enjoy the positivity of the project and the team very much.
Realistically I did see the APR drop in 6 weeks from 33.58% to 15.4% - and mathematically every new miner sold will decrease the APR more.
Table below shows the prognosis if more miners are being staked while maintaining the same BBH price.
The current promotion on selling more miners at a discount is from my perspective of generating strong passive income vehicles - counterproductive.
Despite enjoying the activity I am considering lowering my exposure to this position.
LEO
#inleo has become the star of my portfolio. Not only has the price of $leo increased substancial since I joined in. I feel it has the potential to reach even higher levels.
From a passive income perspective it is a great instrument - providing 47% APR on the CENT:LEO pool and generating 15% APR in the form of HBD from my delegation of leopower to 
I am currently assessing my next move for my $leo position.
What I am considering:
I have another 25K leo on the market, I have yet to put them to work for generating passive income. Adding to the LP is very interresting, but that would only be a partial solution as it would tank the LP's APR. Staking and delegating is also very attractive but will remove the flexibility.
I feel we can't ignore #leostrategy , a group of leo whales that are collectively setting up a leveraged ETF for $LEO using the microstrategy approach on building a BTC empire. The $LSTR token is offered at a fixed price for 30 days as a way to allow the community to join in early. Despite seeing the potential I did have some concerns due to the lack of transparity of who is behind the project - but for me that concern is mostly settled as khaleelkazi and leo team are aware of the identities.
If succesfully leostrategy will greatly add value to $LEO.
I am considering taking a position in $LSTR aswell.