Another Saturday, Another #saturdaysavers post
Hi there, thank you for coming to my #saturdaysavers post. This is a regular post I make every Saturday night and it is about my Saving goals. Because this report is posted on HIVE blockchain, so I will share my saving on HIVE BLOCKCHAIN only. Some people address this kind of report as #myhivegoals too.
Welcome New Secondary Target : $LEO
After I finished my old Secondary Target which is Alive Power (AP), I said before that next one would be $LEO. My main reason was simple, because $LEO was the most stable second layer tribe token on HIVE, and of course the biggest community on HIVE blockchain too.
So How should I set my saving target now?
The simplest method, which I choose to take, is to follow or comply on what LEO community have set before. There are several reference about this, but I decide to take these guidance from their latest curation account here: https://inleo.io/@leo-curation/stake-based-curation-week-26-2024-jzt
Here I quote what is written there, incase you don't want to read too long from there.
Transparency is vital for InLeo, so this is our process for Stake Based curation:
1. Twice a day, every day we will publish a Thread from this account allowing post submissions .
2. Any Lion with more than 1k LeoPower can submit their posts for curation assessment. The post must not be older than 12 hours. To check how many posts a Lion can submit you can check out this post.
3. The curation Team will assess the posts dropped on the Thread based on the parameters stated on the posts above.
4/ Posts can be from any community, posted from the InLeo front-end
| Rank | Leo Power | Post Per Month |
|---|---|---|
| Kitten | 1,000 | 2 |
| Newborn Cub | 2,000 | 4 |
| Cub | 5,000 | 6 |
| Lion | 15,000 | 8 |
First, before you all get wrong impression here... getting curation from LEO voter is not something that guaranteed. There are many people although they have more than 1.000 Leo Power (LP) they do not get any curation at all. I do not want to say it's about quality, because from my point of view, it is the same as telling them that their writing are bad and suck. That's rude
Let's just say it's not guaranteed there
However what most important in there is the classification that is written on the table. In Leofinance community, having 1.000 LP is considered as the lowest tier in their staking tier. Below that number we can say it's not something that officially recognized.
1.000 $LEO is around 260 $HIVE right now. With 260 $HIVE on other second layer token, let say my previous target $Alive, we can get $ALIVE and stake them all and put ourself in top 20... maybe top 10. You will become the core holder, the one that could influence who will get more $ALIVE and the one that could dump the token price.
However in $LEO community, it won't even put you in top 500 holders. 1.000 LP is just the entry phase, where officially you can tell people that you are HIVE $INLEO holder.
So I guess my first target for this one should be 1.000 $LEO. Let's hope I could accomplished that this year.
MY HIVE GOALS : HIVE POWER (HP)
My primary goal is to grow my Hive Power as good as possible. A goal must have a target so I have decided that my primary goal is to reach 11.500 Hive Power (HP).
My goal is to have 11.500 HP this year, not an easy one but of course it is very possible. Let's start this one by checking my HP Growth recap right now:
The previous two quarters were not ended as I planned. Both gave me less than half of the target I have set before, and this make the last two quarters have to carry up the gap created during the first half of this year.
This week performance shows me that even I have made 100 HP (Hive Power) power up, I still failed to complete a weekly target. I have to get 169 HP per week to ensure that 11.500 HP target is still achievable this year.
With my current condition which I have been busy on my works, definitely I could not expect my author rewards to be main source for fulfilling my HP target. It's very clear that getting fresh fund outside HIVE and converting them into HP is the only solution here.
Well the problem I have right now is that my ETH based Play to Earn games is dying. I do not suffer lose, because I already have my "investment" there paid back themselves and some profit already taken out. However they might not been able to supply more token to be converted to HIVE anymore..
THE HBD (HIVE BACKED DOLLAR)
I haven't made any $HBD saving for the last few weeks. I am thinking about withdrawing all my $HBD and sell them off into $HIVE. with $HIVE price is dropping right now, it is very tempting to buy more $HIVE. So let see if next week we will see I am still having 280 $HBD saving or not.
MY SECONDARY TARGET : SECOND LAYER TOKENS ~ LEO
My secondary saving targets are HIVE second layer tokens, and at this moment my secondary saving target is $LEO token and my goal this year is to get 1.000 LEO Power (LP). LP stands the same as Hive Power (HP), which means the staked $LEO.
This is my $LEO screenshot from my wallet.
and here is the table of my saving progress:
| Date | Previous LEO POWER | Current LEO POWER | Target | Growth | LP Rank |
|---|---|---|---|---|---|
| 6 July 2024 | ~ | 237 | 1.000 | ~ | 1046 |
I expect to see non growth for a few weeks because my plan is to do LEO POWER UP only during LEO POWER UP DAY. $LEO is one of the most expensive tribe token on HIVE, so if I push $LEO too much, I might sign a fail guarantee for my main target, which is HIVE POWER (HP).
Currently I have 24 liquid $LEO. I still need 126 $LEO more so I could join LEO POWER UP DAY on 15 July 2024, that's around a week from now.
OTHER TOKENS ON MONITOR
Other than $LEO, I am saving these tokens too
| Tokens | Status | Last Period | Today | Target | Growth | Staking Rank |
|---|---|---|---|---|---|---|
| $NEOXAG | staked | 12.688 | 12.708 | 100.000 | +20 | 252 |
| $THGAMING | staked | 202.777 | 203.180 | +303 | 17 | |
| $PIMP | staked | 2.458 | 2.462 | +4 | 132 | |
| $ALIVE | staked | 6.166 | 6.166 | ~ | 39 | |
| $PGM | staked | 8.212 | 8.237 | +25 | 6 | |
| $PSX | staked | 2.183 | 2.187 | +4 | 15 |
Now the table is different than previous week. We have LEO gone out from the list, getting into secondary target and Alive has set into this list.
I do not wish to talk a lot about this section, literally this is the place where I monitor my tribe tokens, nothing more than that.
CLOSURE
Saturday Savers Club is for anyone who wants to make some saving in any currency for any purpose. The Club is a supportive group of people who every week making some post about our saving plan and update. Some even share tips and techniques or maybe sharing their fun in the process.
For further information and if you want to join into this club, you can do your own research on @eddie-earner. We are waiting for any of you out there to make this club bigger and more exciting.
See you next Saturday...
Posted Using InLeo Alpha
