I'm feeling glad to see our beloved chain showing some strength! It was about time. For Hive Power Ventures it's been a busy month with quite a few updates, so let's recap.
- Introduced upvotes for PWR holders. If you hold 100 PWR or more (either in your wallet or in the pool), you could be eligible for periodic upvotes from empo.voter.
You haven't received any yet and you qualify? Let me know below in the comments. I'm managing the list manually for more control over it, so it's possible I've missed some names from the holders list.
- Roadmap for 2025 + Future Changes for PWR. If you're into PWR for the long term you surely don't want to miss out this post. Basically I unveil here what are my plans/expectations for the token PWR over the next year.
- Power-Down Started. As I mentioned in the previous post, I want to be liquid in case HIVE continues to rise. Better to be liquid and have options instead of being locked in and not being able to do anything. If HIVE goes up significantly I'll probably start accumulating some HBD in order to have a warchest for the future bear market.
Current Status of the Holdings of the Project:
My idea is to use those HBD to overpeg PWR when the next bear market comes.
Surprise Update: Venturing into Pools and HE Projects
Now that
It was already public, but I'm now disclosing that over the last month I started accumulating a couple projects from Hive-Engine with Hive Power Ventures funds: @Holozing and @Gifu.
Although I'm a heavy suporter of both, Hive Power Ventures is NOT officially affiliated with any of them.
If these projects make a run over the next months, I want to be ''partially'' exposed to them. All the profits coming from this venture will fat our HBD counter when the right time comes.
Holo
I managed to get some ZING early... enough to be the top liquidity provider for the ZING-SWAP.HIVE Pool.
Just WOW (Not intentional to be the #1 LP by any means):
It would be irresponsible to keep adding there, so I'll farm that juicy APR for now.
Gifu
Bought a decent bag and acquired the 0,2% of the total supply. It's not much in $$ terms. But again if this makes a run it would be solid multiplier. Might add some later.
Plus they added some PWR before: Gifu invests into Power Ventures!
So it's only logical to collaborate there. Happy to follow the Gifu train!
PWR
With the remaining HIVE I've started DCA'ing (again) into the PWR-SWAP.HIVE Pool.
This will be the ''default plan'' for now.
100% of curation rewards will now be used to stabilize PWR at 1:1 with HIVE.
If PWR it's pegged with HIVE (or above), this HIVE will be added to the Pool, further improving pool depht.
I'm obviously tracking this; all on HIVE terms:
And this is everything for this report.
Enjoy the HIVE gains my fellow hivians.
- Check Hive Power Ventures Docs: https://hive-power-ventures.gitbook.io/hive-power-ventures/
- Vote for my witness (100% of witness rewards go back to