An Amazing First Week Part 2 :Delegations, staking etc

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This account is a fundraising account. Earnings from curation. posts etc will got to charitable organizations that do research, support and outreach for people with chronic illnesses. More details can be found here

In this post I will discuss what I plan to do with the Hive second layer tokens. Please note this can and likely will change over time.

TLDR

I will be leveraging the tokens and drip payouts mostly by delegating , trading and liquidity pools (in the near future). Compounding is the best :)

I have transferred some tokens from my main accounts to get this one started. I intend to use these tokens to delegate, stake , trade as I see fit. Likely at first ,most tokens will be staked/delegated.

As for trading, I will trade some tokens for more dhedge, dvs, hbd, or put into liquidity pools. Liquidity pools right now are the least priority due to well, low liquidity on this account lol, but that can change at any time- especially if there are pools with higher rewards.

LOLZ

I am technically generating LOLZ every day from delegations, however it's not quite enough to sustain my current holdings. To fill this gap I will likely continue to transfer some LOLZ from my other accounts until this account is more self-sufficient.

THGAMING

For now the THGAMING tokens on this account will be delegated to LOLZ. I am eyeing the liquidity pools as well but I really don't have enough of these tokens on this account to do that just yet.

DHEDGE/DVS

I really want to grow the dhedge holdings and pick up some more DVS. These tokens will have priority for a bit and will most likely be what I trade other tokens (I am not delegating) for.

POB

POB will mostly be staked. This is a curation account and it's a popular tag, so it makes sense to stake these. The same applies to VYB and maybe CENT

CTP and other tokens

CTP tokens and others will be delegated to LOLZ

Of course if the Spoonies Untie starts using certain tags frequently I may switch from delegation to staking for curation.

Right now the token balances are very low and I think delegation is the best choice for most of them at this moment.

I am just trying to leverage these tokens the best way I can to help keep this account growing.

If you have any ideas/ suggestions etc feel free to post them in the comments.

I didn't mention all tokens in this post, or that would be a needlessly long post lol. I think you have an idea of what I plan to do and you can always check the blockchain to see what I'm up to.

Thanks for reading and thanks for your support.



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DVS is a great token, I've been buying up chunks for awhile now. Have you thought about accepting token delegations and using them to earn and split the earnings with the token owner? I've never done that so I'm not a great resource there.

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So far I am really liking DVS too.

I have thought about that but I'd need to run a script of some sort for the calculations/payouts. It would be too much to do manually. I have thought abut it though and maybe at some point in the future would consider that for sure.

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