Staking 245,000 SPORTS Tokens | Alt Season - Defi
Bitcoin hit 64K. Now it goes down a little bit. How far will it go next time? We can give a number, but we actually don't know it for sure. This is a bull run. We have been waiting for this for a long time. Now it is here.
You know alt season is coming. Altcoins prices keep increasing. ETH, BNB, ADA, and other alts are doing pretty good. This is the time to choose a good project to invest in. The ROI would be huge.
If you like sports and you are on hive blockchain, the first tribe that comes to your mind is SportsTalkSocial. I stake 245,000 SPORTS tokens today.
There are only a few tribes that are doing good. The tribe tokens price decreases these days especially when HIVE price starts rising, tribe tokens price falls. When alt season comes, we can see altcoins prices go up more. It may have a positive impact on Hive Engine tokens.
If you check out Cubedefi, there is a page named Kingdoms. It says coming soon and we all know it is coming very soon. Things are getting more exciting in Defi. People who are into Ethereum move to BSC slowly since the transaction cost is low compared to Ethereum.
Due to high transaction costs, small investors were not interested to get involved in Defi. BSC makes the difference and small investors are happy to get involved in Defi.
It gives a great opportunity to everyone. Now we all can farm, stake, and earn a good return. And you should be aware of the risk you are taking when you farm on Defi. So you can good investment and diversify to reduce the risk.
So what do you think? Please feel free to share your thoughts in the comment section. Thank you so much for reading this post.
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what is special about this token? Over time I see people buying and betting in bulk, do they have any more development than just a tribe?
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This tribe has a proposal system. Anyone can make a proposal for anything new or development or changes. If that proposal is supported by the majority of SPORTS stakeholders, that will pass. And we will see its implementation.
This tribe earns from ads as well and later that is used to burn the token and reduce the supply. Anyone can get involved in sports. The SPORTS curation rewards are lucrative since it has liner curation curve and 50% curation rewards. So the more SPORTS stake you have, the more you earn curation rewards. People love sports, that's one of the main reasons, people stick to this platform.
Thank you @deflacion for your question.
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