September seems top start with a good note for me and I hope to borrow a leaf from how my July looked in terms of investment on the Hive blockchain. As I pen this post, I have some tangible stakes of the following Hive tokens - LEO, SPORTS, LIST, CHARY, CTP, NEOXAG, PAL and LOTUS and the long term dream is to rank among the top stakeholders of each token.
During my investment spree in July 2020 which really boosted my stakes of LEO, SPORTS< LIST, CHARY and CTP tokens. It was really inspiring to make daily reports of amounts of tokens purchased ans staked. This activity would from now be regularly updated via my alt - @uyobong.sports and @uyobong.venture.
One of the reasons I was so inspired to invest in holding huge stakes of the Hive tokens is the fact that I discovered that dollar value of tokens given in upvote were comparatively greater than the amount given by an equivalent stake of HIVE. I am glad that I had opened the eyes of several users of the Hive blockchain to the "gold" in the Hive tokens and some are really maximizing that today.
I am anticipating a "big boom" around some Hive tokens in the near future especially as @Leofinance pilots a DeFi attempt which would ensure the listing of $wLEO in Uniswap as well as on other big exchanges.
The essence of this post is to show the dollar and HIVE worth of upvotes from the Hive tokens staked when put together or used individually. This analysis does not take into consideration the author/curator share proportion from payouts. Actually, the Hive tokens follow one of 50/50, 55/45 or 60/40. In any case, frantic efforts are made to compensate authors who give in quality to create quality contents.
- 29,550 LEO stake gives 4.93 LEO at 100% VP and 100% manna upvote which is worth $0.28 or 1.17 HIVE.
- 28.4 million SPORTS stake gives 15,427 SPORTS at 100% VP and 100% manna upvote which is worth $0.11 or 0.46 HIVE.
- 14,400 LIST stake gives 64 LIST at 100% VP and 100% manna upvote which is worth $0.11 or 0.45 HIVE.
- 2,100 CTP stake gives 0.82 CTP at 100% VP and 100% manna upvote which is worth $0.007 or 0.03 HIVE.
- 2,403 NEOXAG stake gives 0.277 NEOXAG at 100% VP and 100% manna upvote which is worth $0.0001 or 0.0006 HIVE.
- 200 LOTUS stake gives 0.015 LOTUS at 100% VP and 100% manna upvote which is worth $0.00001 or 0.00008 HIVE.
- 879 PAL stake gives 0.015 PAL at 100% VP and 100% manna upvote which is worth $0.0001 or 0.0004 HIVE.
- 12,800 CHARY stake gives 150 CHARY at 100% VP and 100% manna upvote which is worth $0.35 or 1.5 HIVE.
The above breakdown of upvote values sum up to 3.6 HIVE, equivalent to $0.86. That amount of upvote can only be given out by an account holding a stake of about 73,000 HIVE. Interestingly, the stake of all the Hive tokens are in noway close to the value of 73k HIVE.
I'm going to deliberately increase the stakes of the Hive tokens in the coming days and hopefully, there'll come a time when their cumulative upvotes could be valued at $10. That would be very beautiful for me.
I am a Hive Curapreneur!
Posted Using LeoFinance