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Hello SPIer's, today I wanna talk about a plan I have. CUB finance is making me break all the rules and has me thinking overtime. Ok, im gotta get straight to the point. I have a feeling, a hunch that CUB finance will soon offer a bHIVE LP. The token already exists, I think a guy called fbslo created it and it's highly possible that a bHIVE LP will soon be added to CUB finance.
What im thinking
Im thinking HIVE power-down for 40-50k HIVE. Im not thinking of converting HIVE into something else, just reallocating it for better earnings. Let's face it, HIVE POWER leasing is consistent earnings but our lowest ROI investment. As an example, our UTOPIS investment that cost us 8000 HIVE earned a bigger HIVE dividend this week than we earned from leasing out 90,000 HIVE POWER.
We earn around 16% plus 3.4% for inflation every year on leased out HIVE POWER, which works out at 0.37% per week earnings. If a bHIVE LP is released, we could earn 20% in under a week and even after the initial high ROI reduces, im confident it'll still earn us more than 0.37% per week. Let's weigh the risks against the rewards.
If A bHIVE LP is added to CUB finance, SPinvest will use it's ETH balance to provide to the other half of the LP should it need to be converted to bLEO or BNB. We would not be converting HIVE into other cryptos. 50% of CUB harvest would be reinvested into the bHIVE LP growing our HIVE balance and the 50% of CUB harvested would be converted to bHIVE into HIVE and used toward weekly SPI dividends.
Keeping all HIVE powered up
- Continue earning 19% per year on HIVE POWER
- No risk
Convert 40k HIVE to bHIVE
Pro's
- Earnings increase and produce a bigger dividend payment
- Overall HIVE holding would increase faster
Cons
- bHIVE LP might never be added to CUB finance
- Lost HIVE income while in powerdowning costs us roughly 120 HIVE per week
The risk to reward can be summed simply by saying if it's never released, we'll lose a few hundred HIVE in earnings and if it is released, our HIVE balance and dividends could get a massive boost.
I think it's worth taking the risk as I feel the LeoFinance community will annoy Khal about this until he releases it to shut us up..... Checkmate
When would this happen?
Asap as it takes 5 days for the delegation cooldown and then 7 days before the first power-down would be paid out. Not gonna post which leases would be pulled but let's say must of them. If we go ahead with this, the first power-down would come on the 26th.
What do you think?
| Accounts | Purpose | Operator |
|---|---|---|
 | Main account and bank | Many |
 | All curation is done from this account |  |
 | All gaming is done from this account |  |
 | Used to pay out weekly dividends |  |
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