July HIVE Power Up Day and Monthly Goals

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It is the first of July and it is time for another HIVE power up day. We had a HBD pump before the hard fork took place so I managed to load up on some HIVE beforehand. So I will also be deciding how to allocate those HIVE to fulfill my goals and see how well I did last month.

One of the main reasons why I choose to power up is because I ran into resource credits issues when I first started. Now that I have a decent amount of HP, I no longer run into this issue and RC pools are suppose to be created soon so I don't know if new users will face that same issue.

As a bonus if you participate in this month's HIVE power up day, you can leave a comment in the most recent post by @eddie-earner to earn some extra dividend tokens.

Hive Power Up Day

More information about Hive Power Up Day (HPUD) can be found at the July HPUD by @traciyork. Last month I think I did a similar amount of posts compared to last month and I was able to get 200 HP from my posts/comments. As such, I am getting close to a near-term goal of 1k HP. With the new changes in the hard fork, I am wondering how people's voting patterns and how my own will change.

I saw a good post about why people should visit leomarkettalk a few days ago and I also like that place to chat. As a general place for chatting, we have a variety of topics and you can also earn some LEO. Feel free to promote any good posts you see by others.

7-1 before powerup.png

My current HP (shown above) before powering up is 944 HP and I plan to power up 25 HIVE. The results of this can be seen in the picture below and here is the transaction link. I decided on 25 HP this time around because I managed to get a decent amount of HIVE after exchanging out some of my HBD before the hard fork.

7-1 powerup transactions.png

I wasn't as behind this month on my Saturday Saver's Challenge so I powered up some extra HIVE as well and I also moved some HBD to the Savings for my normal challenge. Now that HBD is only getting interest in the savings, I think my original plan of moving it there is a good idea. There are even talks about moving the interest rate for HBD all the way to 10% to make it more attractive towards investors to hold on to their HBD.

7-1 saturday savers HBD.png

July Goals

As usual, I based my monthly goals based on my yearly goals. The INDEX tokens orders I talked about in my June Hive Power Up Day got filled and I satisfied the goal back in May. However my orders for DHEDGE have played out a similar way and my lower bid orders have not filled. I will keep them there until they are cancelled and I will see if I can get them by next month.

Token Goals

For the most part, I plan on getting a little bit more of staked tokens that I had last month for everything except SPORTS. These seem more reasonable to me and I know that I can hit these so long as I am active.

  1. Increase my HP to 1100 HP (currently 971)
  2. Increase my staked LEO to 1000 (currently 875)
  3. Increase my staked SPORTS to 1.75M (currently 1.5M)
  4. Increase my staked CTP to 1800 (currently 1580 with 50 delegated out to BroFi)
  5. Increase my UTOPIS holdings to 25 (currently 15)
  6. Invest 200 LEO into Cub Finance

Well I did not hit the SPORTS goal naturally but I did power up some SPORTS to cover the portion that I needed. So I do have 1.5M SPORTS staked now. I have decided to delegate out 500k SPORTS to the engagement project to get similar returns and spur engagement using the SPORTS front-end. The latest dividend report shows that it has a 38% APR so it will still help me work towards my SPORTS goal.

The dividend token of the month for me is UTOPIS. The latest report by chronocrypto shows that there aren't many left. It is a system that changes money earned outside the HIVE ecosystem into HIVE. Some of the things included in the dividends is doordash and ETH mining. The current APR of the project is also quite big and the last time I checked, it was above 40%.

As usual I will be adding to Cub Finance and the addition of kingdoms makes it hard to pick which one I want to enter right now. I am personally leaning towards the bLEO/BNB pool this month because of the LEO bridge and how it may be used to connected to Polygon.

Gaming Goals

No new games so I will leave my goals more for Rising Star. I haven't been focusing on the other games as much and I have only been doing the daily quest for Splinterlands.

  1. Top 104 for Rising Star for ranking rewards
  2. 550 cards in Rising Star

I am glad to say that my band auditions for getting to the next map is over so I am earning 100k starbits about every 5-6 days. With this I can now start on getting some cards I want off the market. I am ranked in the 70s right now and I don't think I will lose my place but adding in the rank is just to motivate me.

I managed to get my Exode Planet so that goal was achieved. It was something I left on the side and I am currently waiting for new content to be released. When everything is done, I may have a small planet but I am looking forward to actually exploring it completely.

Please feel free to leave a comment if you have any questions or feedback.

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27 comments
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Thank you for supporting Holybread and Thunkgaria over the last year! Enjoy your upvote -simplegame

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Hopefully you can get to 1000 hive power as soon as possible. Building with consistency will eventually bring growth.

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I will definitely reach it this month and I continue to post as I normally do. My goal is to keep being consistent because I know that it will pay off in the future.

!LUV !PIZZA !ENGAGE 10

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Great work on your goals. HBD at 10% may get more users to save HBD. Does this take HBD/hive out of circulation and possibly increase price?

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It does remove HBD from circulation for about 3 days or so. That is cooldown period to move things from your Savings into your normal account.

So in a way the HBD is collecting interest and it also reduces the amount of selling pressure on HBD. Since HBD is a way to get HIVE, it would also reduce the amount of HIVE out there as well. But none of it is locked away forever and its mainly used to help peg HBD at $1

!PIZZA !LUV ENGAGE 10

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Thanks for the info. It is good to know that more has been put in place to help peg HBD around the $1 value on both the up and down sides.

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Nice job on your power up! I did small one myself too. I have been working on getting to the million starbits thing on Rising Star. It has been a long road!

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Thank you. I think the million starbits thing is a good investment. If you need to invest a bit of HIVE, I suggest you do. But for me, I changed out some of the VIBES I earned from post and curation to help speed mine up.

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You are growing and that is what is really important. Congratulations on setting goals, a skill that I am not good at performing. Good fortune in all your endeavors!

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Thanks Sarge. I think putting a few goals will at least push you a little bit. Think of it as a tiny little challenge.

!LUV !PIZZA

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Congratulations @jfang003! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day! This entitles you to a level 1 badge.
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out the last post from @hivebuzz:

Hive Power Up Day - July 1st 2021 - Hive Power Delegation
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Awesome! Many many congratulations @jfang003. It's looking great so far. Wish you all the best for your yearly goals and I wish you surpass them with huge margins. 2021 is looking a great year for crypto in general so it's better we build our empire and get ahead of the crowd.

Recently I have been growing my CUB stake so lagging behind on my LEO goals. But that's okay, they keep on changing as per the requirement. 😉

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Thank you. I have also reduced my LEO being staked due to CUB as well but I think it will pay off in the future.

!LUV !PIZZA

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(Edited)

Congratulations on your achievements. I was saving Leo to level up for today, but attended a birthday party and worked in the yard, so I forgot.,,I will level up anyway tomorrow :)

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