It's been a little quite lately on the hive front once again. The price action also hasn't been all that great with hive only hitting $0.49 just sub of 50 cents per token. If we look back a year ago we can see there really has been no movement in the price of Hive for a while now.

With current numbers and how thing are looking the speculated price of Hive is to hit $0.62 showing us that the value simply is not there for hive and the demand. The tokens been struggling from major sell pressure and a lack of new development on the chain.

However there are a few things coming up which most people don't know about such as a constant reduction in the hive supply emissions. I'm sure MANY don't realize that there's actully a hive blockchain whitepaper here Hive Blockchain Whitepaper which outlines a lot of these things.

The main one here is V.6 Distributing rewards
which accounts for 65% of the inflation while 15% goes to Hive power stake holders, 10% to witnesses and another 10% to the DHF (so the last thing the DHF needs is more money trust me they are covered and part of the massive overspending we have been seeing lately)

The 65% rewards comes from the II.4 Allocation and Initial Supply, Inflations and End Supply part of the white paper.

Hive’s decreasing inflation rate is one of its key monetary features and reducing minting over time. The inflation rate decreases by 0.01% with every 250,000 blocks, approximately 0.5% per year, until it reaches 0.95%. This decreasing rate means we are already at an over 2% reduction and sadly while I don't know where to look up the full details of this (If anyone has one please comment it below) it goes to show us that rewards will only become harder and harder to come by as time moves on. However it will be years before that supply inflation drops down to a level that really matters.

What Else Is New With Hive

InLEO

Come next week as long as everything goes right we should be getting a ads payout from Leo. I'm interested in this for two reasons. It's going to give us an idea of growth and value month to month for threads and the overall leo system and also more importantly something I've been hoping for a long while now is a steady passiveish payout from Leo from ad revenue that I know I'm going to get with no more delays.

Also happening next week is a lot of hype around Leo being listed into Maya as a swap protocol and then hopefully that be integrated directly into the InLeo UI. This should generate fees and value for Leo and it's liquidity providers. However we have been down this road now twice with CUB and Polycub which seem like they are going to be sunset. So forgive me for not being hyped about this one before it happens and seeing some real results this time around. I guess you can only get slapped in the face so many times before you stop getting excited lol

Splinterlands

The biggest change happening here are rewards for battles happening at the end of the season which is now 9 days away. Besides that it looks like there's going to be a long period of no town hall for 3 weeks or so. But to be honest I do love the new battle system but it feels like there's a lot not being done or taking far too long. Things like the grain:DEC pools which I don't think anyone is going to use until land 2.0 comes out which also now feels a long way away.

There should also be soon in the next 15 -20 days a two new cards related to the bitcoin halving. It's going to be interesting to see how that goes because for one I haven't enjoyed the way the proposals have been setup lately for these. But I'm only one person with half a mill SPS to cast a vote.

Goals

My goals still remain the same for now... Reaching 150,000 $LEO as quickly as possible and then fully transitioning that over into $HIVE staking. The ultimate goal for end of the year hive would be at least 200,000 to double my values again however it's clear I can't count on the rewards pool for this like some people can. Thus I'll have to earn it elsewhere and convert it in. I'll be honest that juicy 20% APR on HBD might be the answer to rapid stacking as just 182,500 HBD would mean at current prices the ability to stack 256 extra hive per day or over 7,600 per month which would get me on target to that 200,000 hive goal for end of year.

I have another odd goal though and that's to start stacking bitcoin more heavily. I've gotten away from it and focused on hive a bit too much over the last two years and while it has been good it's also gotten me blocked and muted by the big wigs around here which kind of sucks because I know I'll never get their vote simply because I didn't agree on some aspects that were going on.

Outside of that I still want to move towards stacking 1 million SPS. I have no real plans to ever sell the SPS unless it gets upwards of $0.40+ again but besides that It's stacking time and I want to hold a higher weight in these votes so we can turn this ship into a more profitable one. While yes the game should be fun profits are ultimately going to be what it takes to hire the people to make it fun!

How do we beat that? We stack, we build and we provide so much value that it can't be ignored.

Posted Using InLeo Alpha