Crypto earnings gamification on Hive blockchain
While the title might create the illusion that I am referring to blockchain gaming on Hive, actually I am talking about ways to motivate me to reach new highs and level up on this ecosystem by taking challenges and transforming my routine activities using gamification. The earnings that you can get on Hive blockchain are Hive - which can be powered up into Hive Power and used as an income stream through curation and HBD - Hive Dollar, the algo-stablecoin of this ecosystem that offers an impressive 20% APR. And my way of gamification the earnings on Hive blockchain is through ranking up which I track using HiveBuzz.
Sorting the data for my account @behiver resulted in the following positioning across the Hive blockchain holders:
- HBD Savings: 159th place
- Hive Power: 1132nd place
To gamify this I have set my mind to level up within Top 150 HBD holders and to Top 1000 Hive holders. That is within my sight and brings motivation to be active on the blockchain in order to reach these milestones. The revenue sources to get there are the following:
- DCA mostly for HBD as with 20% APR it offers quite amazing returns for a stablecoin
- DeFi on TribalDex on second layer tokens which I trade for Hive
- Blogging, commenting and curation which provide both Hive Power and HBD
- Gaming on Hive blockchain like Splinterlands, RisingStar, DCity or Rabona
These activities pull together and grow my Hive-related assets daily and hopefully, I will be able to reach my goals sooner rather than later. I wonder what's your take on this - are you gamifying your activities? What is your purpose with the Hive assets on the long term and are you looking to consolidate your position on this blockchain as I am doing?
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https://twitter.com/behiver1/status/1553681141328125957
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This produces a way to put your focus on reaching the next milestone. I have a question, Does providing liquidity on TribalDex provide a good return?
There are quite a few good pools that reward plenty the Liquidity Providers and I am a participant in BEE:HBD pool with an APR of 114.914%.
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That is an awesome return.
I'm not gamifying them, but that is a great way of approaching the activity on Hive. Do play 3 of the games you mentioned, especially Splinterlands, almost 4 years now!
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That's one way to set goals and push to reach them. A man with a plan is what I'm aiming and that's my way of expressing that. Games on Hive are great and there is space for more to come to the scene. I wonder if Ragnarok is on track with that...
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I have been active on hive and also playing splinterlands regularly which as been boosting my account very well
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Gamification certainly works.
We've all just gotta find what personally motivates us and take advantage :)
In a way, I am.
My tiny brain loves round numbers, so I always have those on my mind when I'm stacking.
Long term, I want to be able to have a base stack that generates enough yield on top to pay me a 'salary'.
Still nowhere near where I need to be, so just well and truly in the stacking phase!
Moving some assets around to try and maximise yield.
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Good milestone and with persistency you can only get closer and closer to them.
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Hey That's pretty cool! Didn't even know this was a thing I guess overall I'm ranked 202...
Hive Powered Up: 198 (dang that's kind of impressive...)
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Quite impressive, being on 198th place on Hive Power shows the commitment to Hive and truly you are a serious holder.
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Thank you for the mention @behiver ❤️