A Look Into PWR Token on Hive

Goood morning Lion’s hope you’re having a wonderful Easter break, I thought I would take today to introduce you to a project that was launched on HIVE by @empoderat not too long ago called PWR.

For those that don’t know Empoderat is a long term Hive user with lots of successes under their belt and has contributed to the growth and development of the Hive Blockchain, and their latest project is no exception. I don’t know if there is much awareness of the project so far so I am throwing together a quick article explaining what it is and how it can be of help in growing your Hive account.

It’s a initiative that is gearing up to change the way we interact with Hive Power. Hive Power Ventures ($PWR) is a dynamic platform designed to maximise your Hive Power accumulation and empower users within the Hive ecosystem. Let's delve into what $PWR is all about and how it's set to redefine the concept of sustainable yield farming on Hive.

image source

Understanding Hive Power Ventures ($PWR)

Hive Power Ventures ($PWR) emerges as a derivative token semi backed by Hive strategically engineered to foster the extensive accumulation of Hive Power over the long term. Unlike traditional models $PWR operates solely within the Hive ecosystem, mitigating regulatory and KYC risks while ensuring a seamless user experience.

This also means that PWR is fully decentralised and provides people an opportunity to earn more Hive on their accounts outside the current centralised world providing you an future possibility of increased sustainable income.

With an initial supply ranging from 1000 to 5000 tokens $PWR sets its sights on a maximum supply of 1 million tokens. The token has been launched on Hive Engine under the ticker $PWR, offering users a unique opportunity to engage in Hive Power accumulation.

How To Gain PWR Tokens

Delegating Hive Power: By delegating Hive Power to @empo.voter users can farm $PWR tokens at an initial annual percentage rate (APR) of 20%. This APR gradually decreases over time, incentivising early adoption and long term commitment.

Providing Liquidity: Another avenue involves contributing liquidity to the SWAP.HIVE-PWR pool which offers a variable APR initially set around 5%. This option presents a flexible approach tailored to the evolving needs of the project. 5% yield also ensures that the token isn’t farmed to the bottom and provides opportunity for growth and long term accumulation.

$PWR's innovative model prioritizes long-term sustainability by ensuring the token's viability and stability over time. By harnessing curation rewards and strategic resource allocation the project aims to bolster Hive Power accumulation while fortifying the token's peg to Hive.

First In Best Dressed

Early adopters of $PWR face a pivotal decision to sell tokens for immediate returns or to hold onto them for future gains. While selling may yield short-term profits the ability to contribute tokens to the liquidity pool provides an the optimal strategy for sustainable growth and resilience against market fluctuations.

Central to $PWR's ethos is the concept of proxy curation leveraging curated lists from esteemed Hive influencers to maximize efficiency and impact. By aligning with established curators like @acidyo and @ocdb and following their voting trail. $PWR ensures a diversified approach to content curation while enhancing the platform's overall integrity.

The project has gained momentum over the past few months and is presenting Hive users with a broad range of strategic options to engage with $PWR. Whether through active delegation, liquidity provision or long term accumulation. Hive users can contribute to the project's success while reaping the rewards of sustainable yield farming.

https://img.inleo.io/DQmS4qWnzWD1yMftZQXMorkeeH88nih3Bpvz2ViChpHMUUj/$PWR%20(1).jpg

Ready To Join The Movement?

Are you ready to embark on a journey of empowerment and financial freedom within the Hive ecosystem? Hive Power Ventures ($PWR) offers a unique opportunity to harness the potential of Hive Power while unlocking sustainable returns. By getting involved today you can become part of a thriving community committed to shaping the future of decentralized finance (de-Fi) on Hive.

You can also directly invest in the project through Hive-Engine or BeeSwap and future trajectory of the project shows that it will be paying out Hive tokens after 12 months to power holders. So while the token is currently relatively affordable now, other projects on Hive show that once it starts paying out Hive. The value of the token rapidly increases much like Bro token has done many years ago.

So this might be one project you might not want to miss out on!

Image sources provided supplemented by Canva Pro Subscription. This is not financial advice and readers are advised to undertake their own research or seek professional financial services.

Posted Using InLeo Alpha