I hope you are all having a pleasant weekend. I sure am enjoying it so far and on my second cup of coffee right now. Just like last month, Leo Power Up Day falls on a Saturday, thanks to having only twenty-eight days in February. So that makes today not only LPUD, but also my Saturday Savers day, which I'll address after getting the LPUD taken care of here in my post.
One of the first things I did this morning was to power up my liquid LEO tokens, which this morning was 158 and change. Not to shabby a power up by any means!
I'm also trying to get my LEO up to 5K this year, but I'll talk about that more in the Saturday Savers part of the post. Now let's jump into part two of my post today, #saturdaysavers .
I joined Saturday Savers to help me achieve my goals here on Hive more expeditiously. I have found by writing out my goals and reviewing them weekly I am getting them done much faster. I guess it's analogous to keeping your eye on the ball in any sport you play. So I'll go over my primary and secondary goals of the year as well as some others I'm working on presently. It's not the entire list, because the post would be too long, but I'll give periodic updates on the other tokens.
Hive Power
My primary goal this year is to reach a total Hive Power of 10,000. With Hive prices down I am buying more Hive to take advantage of the situation. I have increased my HP by 105 this week and currently have 7,174 staked Hive. I may need to covert more HBD to Hive as the year progresses to make sure I not only reach the goal but surpass it!
I honestly had a figure of 12K HP by year's end, and I hope I can make it happen. But first I got to make it to 10K!
Currently I am 71.7% of the way to 10,000 HP!
PIMP
This year my secondary goal is to reach 50K staked PIMP. I bought some PIMP this week and staked it, additionally, I continue to earn from posting and tips as well. As of this morning I have 37,032 PIMP, I am at 74% of the final goal. I expect to be picking up some bigger chunks in the near future. I would like to get this one out of the way sooner than later to work on some other goals.
This is the only token that is backed by physical silver and Bitcoin here on Hive, so it will always have value no matter what the world may bring!
Leo
It is LEO power up day, and after today's power up I have 2,624 total LEO on my way to 5,000 this year. Although not a primary or secondary goal, it's one I'm still trying to achieve before year's end. I'm past halfway there, and LEO is still pretty inexpensive. I will likely take advantage of the prices to reach the goal faster.
A perk you can get with staked LEO are stake based curations. Once you have 2K you can get four a month, then at 5K it jumps to six. That is part of the reason I have that goal of 5K LEO Power on the year!
EDSI
My goal this year is to reach 200 EDSI. I have just over 115 right now, so 57.5% completed in the goal. If I pick up a few a week I should make it to the goal relatively easily. I've missed a few weeks so I'll need to start remembering to pick up some more. These offer curations and liquid Hive dividends to holders which are both great in my book!. Those who delegate HP can get higher curations and earn free EDSI, but I'm not participating in that part of the program. If you're interested you'll need to research that one on your own.
DUO
Now for my personal favorite token to shill. About nine months ago along with
@bitcoinman and
@bitcoinman we created the DUO token to help fill voids in the Hive community. The purpose of the token is to accumulate enough Hive Power to be able to use a portion to support new onboards and help retain them through encouragement and with curations. We currently have about 37,789 HP in the curation account, we are actively onboarding and always looking for more quality onboards who want to see long term growth on their Hive accounts.
Our guest author program is allowing Hive members to earn by posting original content on the duo-curator account. It has been fairly successful so far, allowing guest authors to earn some nice rewards. Please see our latest duo-curator posts for rules and information on how to participate. You can receive half of the earnings from the post plus five DUO tokens, and if you would like we can even pay you out in DUO tokens to build your personal stash. Please let us know if you want to participate!
We also have a new number guessing game in our update posts where you can win some free DUO. Each day you can check out the posts from
@duo-curator for a chance to win some tokens! It not uncommon for the jackpot to be above one DUO or even close to two!
DUO takes great pride in taking care of our investors and they receive the lions share of the benefits. Once you have 200 staked tokens you can receive a daily curation on your quality posts and receive daily liquid Hive dividends. Once you stake more than 500 DUO you also can use the DUO tip call to tip someone with some DUO, and in return you get the same amount of DUO in your account. It pays to tip others with DUO!
I currently have just over 1,400 total DUO. As part of the DUO token team we all agreed to only stake 700 DUO each at the beginning to ensure the majority of dividends go to our investors. My stake is about 35 DUO higher now from just tips, so tips in DUO can be substantial and make sure to use them if you have over 500 staked DUO. Also the DUO team does not currently receive curations on our posts to ensure that our stakers receive the best curations possible!
CAV
I added CAV to my goals sometime ago. It's a token that helps military veterans both here on Hive and in the real world who are having challenges. As a veteran I understand these all too well, the psychological scars of war are often worse than the physical ones. I will be buying one or two of these a week, I have 14 right now. Although I don't have a set number in mind, I will be picking up as many as I can reasonably afford this year. An added bonus is you receive daily Hive dividends for just holding these. It's not a huge amount, but it's a nice little reward for helping out veterans around the world!
DBOND and DAB
I'm still just holding and watching my DBOND and DAB balance. Staked DAB produces DBOND or Hive when unstaked, staked DBOND produces DAB tokens. My current DBOND balance is 281 and DAB balance is 57. I have noticed I'm not getting daily DAB anymore so I may have to increase my DBOND level to ensure I'm earning daily DABs once again!
Just a note about RUG
This is a token I've recently started to pick up little by little. It's priced well currently as it earns from defi outside of Hive and brings the profits back in and pays out to token holders in the form of DBOND. Because defi prices and profits are down, so is RUG price. I'll be making small purchases probably every week and have a buy order in right now.
POB
Proof of Brain token is one that I earn from my posts I am staking and then delegating them to pob.voter. In return once a week I receive a liquid Hive dividend from them, which is always welcome. I currently have delegated out 1,412 POB tokens. The earned Hive is not huge, but it is free once a week. My theory on free is to never look a gift horse in the mouth. In other words, enjoy the freebie!
Silver
Silver and gold have been hot this week, with gold reaching a new all time high over $3,000 per Troy ounce. All the uncertainty in the world is driving those prices up, and silver is picking up some ground as well. I wouldn't be surprised to see it pass $35 per Troy ounce in the next few days and maybe more than $50 in the coming months. I have been a collector of silver since I was young, it a great way to build wealth right along with gold!
silver over the last five days, chart from kitco.com
Every week I like to highlight some great ways to invest in silver, and this week's is really cool! It's produced by Germania Mint and it's a one Troy ounce silver round. A round indicates that it's not a legal tender coin, but the pure silver is what counts! These are very low mintage capped at 15,000 and will likely sell out very quickly and become expensive on the secondary market.
From APMEX.com
Just look at how pretty that is! I'll be ordering one this week for sure. They are $44.57 at the moment, and as silver goes up so will the prices. If you don't already invest in silver this might be a great way to start! I'll add the link to APMEX for this round in my references if you want to information.
It's always smart to invest in precious metals, and a way to build your overall wealth!
That will finish off this month's Leo Power Up Day and Saturday Savers. I'm going to continue to not only pile up Hive, LEO, and other Hive Engine tokens as well as other crypto, especially BTC. It may be down in price but most certainly won't stay there forever. I'll be picking up some more precious metals too, before the prices make it unaffordable!
If you have any questions or comments please feel free to leave them below. Thank you so much for all of your support, it's greatly appreciated! Have a great weekend everyone!
References:
Disclaimer:
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
Header generated with ideogram.ai
DUO token
This is a token from the Hive Onboarding Committee (HOC). It offers curation, dividends, and a tipping bot for those who stake enough tokens. The overall purpose of the token is to stack enough HP to be able to assist the HOC in onboarding and retaining new members to Hive.
Please check out the white paper:
https://peakd.com/pimp/@hive-193566/duo-white-paper
You can find DUO for sale here:
If you are interested in precious metals or even want to learn more about them feel free to come join us #silvergoldstackers
I'm a proud member of The Alliance Family!
The HOC focuses on onboarding and supporting new Hive members