Those Small Quantity Tokens in Your Hive Engine Wallet
Disclaimer: I am not a financial Adviser, nothing in this article must be considered as financial advice. I am just sharing a little bit of what I know and I'm hoping that you will also share your knowledge with me.
Assuming that you are writing content using Hive Front ends,
you will notice that there are so many coins in your Hive Engine Wallet. I don't know what you call them, but I categorized them as Reward Tokens and Tipping Tokens. Some are meant to be sold, others can be used to earn more tokens and a few can be used to tip other content creators.
Examples of these tokens that you will find in your Hive Engine Wallet
SPT
ONEUP
LEO
PALNET
VYB
FUN
WAIV
NEOXIAN
LUV
PGM
PIZZA
You acquire some of these tokens when you write content using the tokens platform or when you use the tag related to the token.
Some of them are acquired when one of your readers sent it to you as a tip.
Example:
SPT - Splintertalk token is rewarded to content creators who write content about Splinterlands or when you posted content using the Splintertalk website.
ONEUP - is acquired when you use the tags #oneup or used the 1up.zone website
LUV - is acquired when one of your readers, sends it to you as a Tip.
How to put these tokens to good use.
Most of these tokens can be staked and delegated to a curation account.
When you delegate your tokens to curators, you will get rewards. Since the qty of these tokens is small I've decided to stake and delegate all of these tokens and just let them earn rewards.
There are specific curators for each token, you just need to find them and choose if there are a couple of curators.
Example:
SPT Tokens - can be delegated to @monster-curator and @lolz.spt
as of now, I only used monster-curator and lolz because I can't find a curator where I can delegate my other tokens.
Please feel free to drop a comment if you know other curation accounts.
To delegate your token, you need to stake it first by clicking the stake button and indicating the amount you want to stake.
after staking your token, you can now delegate it to a curation account. To do this, you need to click the delegate button and indicate the amount you want to delegate and the account you want to delegate it.
Tipping Tokens
Some tokens that cannot be delegated are tipping tokens, you use them to tip other content creators especially if you don't have voting mana left or if your vote value is equal to zero but you want to tip a creator.
some of the tipping coins that I used are
LUV
PGM
PIZZA
LOLZ
there are many tipping tokens in Hive , I just don't know all of them and I don't know how many should I keep to be able to use their tipping bot.
If you know any and knows the detail on how to use them, please inform me.
In my next post, I will try to list down all the curators that I can find and what tokens can be delegated to them.
I will also look for more tipping tokens and what are the rules to use their tipping bot.
I would appreciate it if you follow me and add me to your favorites list.
I would also appreciate it if you drop a comment and give me more information about delegation and tipping tokens.
Posted Using LeoFinance Beta
I think all this HE tokens have some utility to it in one way or another. For me, I just stake most of them so that they can increase my curation rewards. There are some that could be swapped for other tokens of your choice.