@R23
@R23
The Hive Backed Dollar - An Improving Investment Image Source @doze https://peakd.com/@doze/hive-backed-dollar-hbd https://leofinance.io/@doze The Issue One of the problems that I had with the Hive Backed Dollar when I first started on Hive was that it seemed to be wildly inconsistent though it was meant to be a stablecoin pegged to the $1 mark. This is what it was looking like over the last year: Seeing price jumps from double the intended value all the way down to 13-14%…
@R23
State of The Union Inflation and Propaganda image source https://www.reuters.com/world/us/four-takeaways-bidens-first-state-union-speech-2022-03-02/ I usually pride myself on being apolitical. There's typically very little positive that can come out of a debate on a politically charged topic in the United States because of the way the two party system has positioned us to act as party-zealots that attempt to strengthen their own points by putting the other side down…
@R23
Don't Forget About Cub Finance! A Confession One thing that I am guilty of is falling behind a bit on the concept of liquidity farming and decentralized finance. Though I think it is the future of the financial sector, my focus has shifted towards web 3.0 concepts that aren't necessarily about banking. That changed today as I've gotten back into DeFi with Cub Finance. Though it's not tons of money (because I simply do not have tons of money), I have made an investment in the…
@R23
The Lifechanging Money Is Coming! Image Source The source article was written by @bitcoinflood https://www.1up.zone/@bitcoinflood/how-to-best-prepare-for-the-launch-of-polycub https://leofinance.io/@bitcoinflood Let's Go As I said yesterday, the Polycub airdrop is coming to the @leofinance and Cub Finance communities. It seems like I timed that post well as the airdrop details came out shortly after my post yesterday. https://leofinance.io/@leofinance My takeaway is quite…
@R23
A Little A Day Goes A Long Way I do what I can to get out and post something each day on Hive, Read.cash and Publish0x. I genuinely enjoy the writing and really want to grow my presence in these communities as we move towards the mainstream adoption of web 3.0; the rewards that are earned are a nice bonus, but I'm here because I want to get involved ahead of the curve. My goals on all of these applications as a result of that thinking is to gain followers and engage with a…
@R23
Will Splinterlands Eventually Become a Metaverse Game? I was just thinking about Splinterlands and how we still don't know all the details about what exactly people will be able to do with the land plots that have been purchased. I know that you will be able to create and sell in-game items and there will be an additional level of gameplay within battles as a result, but I am just thinking of all the possibilities for what to do with that land going forward. We see games…
@R23
World Events Are Driving Crypto Demand Image Source https://keydifferences.com/difference-between-demand-and-supply.html For the life of me, I still can't understand why cryptocurrency (mainly BTC and ETH) are correlated to the general market patterns of the stock market. Of course things don't move at a perfect 1:1 ratio, but when the markets are crashing, that plays into the market moments of cryptocurrencies. To me, it feels like people still don't really understand what…
@R23
Getting In Early MATTERS - Yield Farming The Launch With the launch of Polycub from the @leofinance team, I did what I could to scrape together some money to put into the new farms that were launched to generate Polycub rewards. Though I wasn't able to get massive funds over there, the HUGE APR that we see when a liquidity pool first gets itself started is just insanity. https://leofinance.io/@leofinance The Farms The farms are paying well above 5000% APR at the moment There…
@R23
Biden Regulations Not Horribly Destructive For Once? Image Source https://news.bitcoin.com/biden-administration-cryptocurrency-regulation-treasury-sec/ Well waking up to see huge pumps in the market such as Bitcoin up around 10%, LUNA pushing 25% gains, Ethereum up 8% and so on, it seems like the regulations announced by the Biden administration were not horrible for the markets. It seems that the announcement had two parts to it. The first part was a gaudy claim that the US…
@R23
PolyCub - Not Making The Same Mistake Twice Image Source Image Source Article: @finguru https://peakd.com/hive-167922/@finguru/how-to-buy-pleo-and-polycub-on-sushiswap https://leofinance.io/@finguru A Year Ago This time last year, I was showing my friends how wild the returns were on the farms for a new DeFi product called Cub Finance. I had put around $1,000 in (a lot of money for an unemployed college kid) and was in awe as I had doubled it within a few days of having…
@R23
The DeFi Disconnect Image Source https://knowyourmeme.com/memes/pepe-silvia This is what I look like explaining DeFi, yield optimizers and liquidity farming to my non-crypto friends and family. The Problem After working with it for a little over a year, Decentralized Finance is something that makes intuitive sense to me. You find a platform you believe in and then you invest money to be used in swaps on that site and you benefit by receiving the fees. It feels logical to me,…
@R23
xPolyCub Looking Better Each Day There's not all that much new going on in the crypto world today as far as I can tell, so I just thought I'd take a deeper dive into the xPolyCub den and better understand what is happening with it. What Is xPolyCub? Well we know that PolyCub is a Polygon-network token for the new yield optimizer the @leofinance team launched called polycub.com, but what is this xPolyCub they have? https://leofinance.io/@leofinance Essentially, the xPolyCub…
@R23
Let The Dollar Cost Averaging Begin Image Source https://topicsontech.com/sbi-recurring-deposit-rd-investment-how-calculate-to-maturity-value/ Today I start my new job and I am really excited to be able to get back into really building my savings and investments with what I am able to save after expenses. I've written in the past about dollar-cost-averaging and still believe that it is the most optimal strategy for investing into cryptocurrency (of course DYOR, but I sure…
@R23
All The Ways To Buy Hive (In America) Someone asked me yesterday in a comment where they would be able to buy Hive and I realized it is not as clear cut as it is for some other cryptocurrencies for American citizens (who are following the rules). I had to give it some thought and after doing so, I was able to present them with a few ways that you could accomplish getting Hive, though most of the options are not as simple as they could be. Getting Hive: Hive-Engine I guess…
@R23
The Solana Wormhole Hack - Details Coming Out What Happened? Well if you haven't heard, around a month or so ago, 98,000 ETH were stolen from the Solana Wormhole. This is essentially a decentralized swap service that allows users to exchange Solana for cryptocurrencies on other networks. A hacker (or group) was able to exploit a weakness in the contract and steal all of these funds from users. I am by no means a coder, but in the last few days, there has been some discussion…
@R23
Don't Forget About SPS! With the NFT and Play2Earn markets taking a bit of a beating, I am noticing most of the general cryptocurrency space starting to look for the next shiny big thing. However, it also feels like interest levels in the space are incredibly cyclical and can be swayed with a singular announcement or development. This is how I feel about Splinterlands. The market prices for the higher-priced assets have dropped significantly over the last few months and I…
@R23
Give Me All The CUB Possible For all the excitement around the PolyCub airdrop and xPolyCub, I am a bit surprised in the lack of price movement that the CUB token has experienced... At least that's what I was saying until just a few hours ago. BOOM: I have been accumulating as much CUB as my budget was allowing over the last week in order to get as much out the airdrop as I possibly could and was surprised that each time I was making a buy, the price was either a little…
@R23
All You Need Is An Internet Connection Image Source https://writingcooperative.com/write-what-you-know-or-know-what-you-write-4ef90513955 Just Write I was wildly excited to see that my articles are starting to have some actual traction/recognition when I write them. I am by no means a celebrity nor in the top 5% of earners on any web 3.0 platform, but I am starting to feel like I am at least not falling on deaf ears when I write something. I started a little over a year and…
@R23
Hive Is On The Rise Again Image Source https://ultcoin365.com/th/hive-blockchain-announces-a-significant-increase-in-annual-revenues-and-earnings/ With all the hype that engine-tokens are bringing to the table, it is sometimes forgotten just how important Hive is to the ecosystem. Of course, we all know that Hive is the cryptocurrency that powers the Hive blockchain, but at least in the beginning of my time on Hive, I did not realize that was the token that would serve the…
@R23
FINALLY Got An Airdropped Card On Splinterlands The impossible has finally happened for me on Splinterlands. I got an airdrop that came from purchasing packs! I am the owner of one regular foil Carnage Titan, the airdropped card for Splinterlands passing the 8 million packs sold threshold for the Chaos Legion release. The card itself presents some great stats and abilities to throw into a dragon lineup as it has the reach ability and is set up as a secondary tank. I have…
@R23
Buying This PolyCub Dip Like Crazy Last week we saw PolyCub pumping quite a bit as people became aware of what was going on with the platform. Now, despite the fact that the @leofinance team has released information that the xPolycub contract will be used for a wildly innovative self-paying loan initiative, we are seeing the price dumping pretty consistently. https://leofinance.io/@leofinance Here is a little screenshot of price action from the past week: I for one will be…
@R23
If You Could Work Anywhere, Where Would You Go? Image Source https://www.celebritycruises.com/blog/italy-in-the-summer One thing that I am loving about my new job (and many jobs are likely going to remain this way) is that I am working remote. Though because I am new, I am going to keep my schedule very standard for a while, it is more of an objective-completion schedule than it is an hour-based position. This means that as long as the work is getting done, it doesn't quite…
@R23
When LEO-RUNE Liquidity Pool? I am a huge fan of a few things when it comes to blockchain and cryptocurrency. However, my two favorite things (other than Bitcoin) at this time are Thorchain and @leofinance. https://leofinance.io/@leofinance RUNE I've been a fan of Rune for quite a while now and have done my best to stack some. Today they shot up 15% in value, and I believe that this is just a small glimpse at what is to come. I'll toss in a little official description of…
@R23
Where To Invest $5000 Right Now? Image Source https://www.investopedia.com/terms/p/portfolio.asp Two of my friends have come to me and told me that they are sitting on some cash savings that they would like to put into cryptocurrency and add some more innovative/high-risk assets to their portfolios. I'm no financial expert, but I do think that I am pretty in the loop when it comes to crypto projects and understanding what the utility is for some of the bigger name tokens.…
@R23
Hitting Milestones / Check Out Hivestats.io Out of the many tools that Hive community members put together to access stats and reports from the blockchain, one of my absolute favorites has been Hivestats.io from the @leofinance team. https://leofinance.io/@leofinance This tool allows users to track their earnings over their entire career on Hive as well as monitor account growth over time. You can see a breakdown of your earnings over the last week, last 30 days, or all…
@R23
50 Days Clean From Gambling Image Source https://www.bestuscasinos.org/blog/7-reasons-to-stop-gambling-at-casinos/ It's been a long and difficult road getting away from the temptation of gambling. People usually don't like to talk about negative aspects of themselves, but that is something that I don't mind doing when it leads to some productive thinking or conclusions. Over a year and a quarter ago, I decided to start doing blogging about cryptocurrency as a means of…
@R23
Will Smith Inu - The Number One Gainer On Coinmarketcap I present to you... The reason why nobody takes cryptocurrency seriously: The Will Smith Inu token is not only a meme token about the moment that Will Smith slapped Chris Rock at the Oscars, but also is the number one biggest gainer this morning on Coinmarketcap... This is the shittiest of shit coins. This is just insanity. The meme tokens are back in full force right now in the cryptocurrency world. I remember when…
@R23
Splinterlands Hedgefund? A Current Issue I am a huge fan of Splinterlands and the structure of the game. I enjoy opening packs, collecting/combining cards, planning strategy and playing the game. I also enjoy the game from a financial standpoint in terms of speculation and passive income through investing. One problem area for Splinterlands lies in the fact that there are people who want to make investments into cryptocurrency games because they know they could make huge…