Why you need some PALNET token on your Tribaldex portfolio
Trading on hive engine is becoming more interesting as a lot of upgrade and development is on going at the background also am still bullish in accumulating mode on hive engine second layer tokens and I have been DCA on it some of them that have prospect too me, Palnet is the oldest and first hive engine token dating back to the days of #Steem-engine, when some PAL was airdropped on steemians then with the ratio of steem power been held by steemians, it was one of the biggest airdrop in the history of graphene blockchain back then before Justin came into the picture which resulted to the birth of hive after the Hardfork, which moved the Palnet community from Steem-engine too hive-engine which has also rebranded to Tribaldex .
Tribaldex
The other reason am bullish on Palnet is because it serves as a TestNet for new upgrades for integrating new features on hive-engine ecosystem, and the Palnet community does not pay any fees to get these upgrades whereas other communities and token has too pay for them, like the launching of Diesel Pool on Tribaldex, Palnet was allocated free update on automatic market marker swap where by incentives is been given to liquidity providers for joining the pool, although I checked if the pool price is in Sych with the spot price of Palnet on Tribaldex only to discover the price in diesel pool is cheaper than that of sport wallet i purchased 5957 PAL for 12 hive at 0.001994/hive while trying to buy same quantity on spot will cost 14.967 hive at 0.0025/hive, this provides an avenue for arbitrary trade one can buy from diesel pool and sell at spot and make 2.967 hive if adequate liquidity comes too Tribaldex the price of the asset will be same on both spot and swap, so before I purchase any hive second layer token I will first compare the price on both pairs before taking my trades.
Tribaldex
Recently I also got some Palnet via OTC at @airhawk-exchange which is a p2p trading group on WhatsApp its one of the oldest p2p method of trading cryptocurrency dating back too 2017 during the STEEM era, they managed to create a token on hive second layer know as AIRHAWK but no further development was carried out after so many failed attempt to create a web p2p website, though their WhatsApp group is still functioning trading volume has reduced drastically as but some traders still uses it as direct fiat withdrawal is still ban in our part of the world.
Leodex
I have been using Palnet tag in most of my content only for me too earn little reward for my content because most of my followers don't have PAL POWER and thus earnings is low but now with my little 10k palnet valued at $24+ my earnings will be improved as my vote weight is 0.0048 Pal per upvote at 100% voting power so for now I will enjoy the curation coming to build my account too a higher voting power while earning more tokens to grow my account.
What is Hive-Engine?
Hive-Engine is a smart contract platform on top of the Hive blockchain. It allows communities and businesses to build their own tokens, which are then built on top of the technology provided by Hive. This is the ultimate layer 2 solution. The token created on Hive-Engine is then immediately tradable with Hive on their exchange.
What is Hive.vote
Hive.vote comes with the automation world of hive with AI, HiveVote comes with amazing features: you can schedule posts, build a fanbase, follow a curation trail, and even automate claiming your payouts.
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With such a ratio of receiving author's and curatorial awards and the number of coins staked, this coin should cost at least two dollars, I hope that it will be so. We'll see).
It all depends on the price of hive
At the moment, I have not caught this connection with the price of the hive, I tend to think that everything depends on successful trading in bitcoin. The price of PAL rose both at a low price of the hive and at a fairly high price. As for the number of coins received for curation, I do not pay attention to it, I have too much stock of purchased coins, everything else is a bonus.
Yea everything is tied too bitcoin so. Also all hive engine token is tied too. The price of hive, for instance if pal was too rise too 1$ won't you sell some.. There by driving the price of pal down
Thanks for explaining more about Palnet, and I just knew some of this information and if you knew this you would really be bullish!
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Yea its a great project but difficult to earn cos alot of persons have sold thier coins
Someone sold, and someone bought and delivered more than sold)
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