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The Cube4stake Performance Report

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Published: 30 May 2024 › Updated: 30 May 2024The Cube4stake Performance Report

The Cube4stake Performance Report

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The Cube4stake account has demonstrated a growth over the observed period from October 2022 to May 2024. Initially, the Hive Power (HP) of the account was 14.944 HP on October 8, 2022, and it has consistently increased to reach 202.064 HP by May 30, 2024. This steady growth reflects Hive built-in features, that I call BUILDL (which promote accumulation strategy and effective staking) . The amount of Hive Backed Dollars (HBD) in savings also saw a notable increase, starting from 0 on October 8, 2022, and rising to 26.659 HBD by the end of the period. Currently we await interest income of 0.44 HBD.

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In terms of the total estimated value of the account, it started at $7.52 and fluctuated significantly in response to changes in the Hive token price. The total value reached a peak of $108.12 on March 17, 2024, before slightly dropping to $90.71 by May 30, 2024. These fluctuations align with the broader market trends for Hive, which has seen both bullish and bearish phases during this period.

Future Forecast

Looking ahead, the Cube4stake account is poised to continue its growth trajectory. Given the current trends in Hive Power accumulation and HBD savings, the account is likely to benefit from further staking and compounding returns, making it even more attractive to list Hive on Stakecube.
The total value of the account will remain sensitive to Hive token price fluctuations. However, if the market sentiment towards Hive remains positive and the token price increases or remains stabile the least, the account’s value could see substantial growth. Continued active management and strategic staking will be key to maximizing the account’s potential in the future.
Nevertheless, the account mission does not rely on Hive token price, it relies on accumulation of Hive.

The Idea behind the project

My aim (now known as the Plan A)is WAS, I guess it's IS again, to collect enough funds to make stakecube list Hive on any of their markets (StakeCubeCoin or BTC). But since Hive does not pay for being listed, we are going to pay stakecube users directly via community faucet. We don't need to raise thousands of dollars to make it worthwhile. If we won't succeed by 31st May 2023 (we did not) all the funds will be returned as stated in rules - I don't know if that's a valid option anymore. I'm looking for options here. For the meantime I will continue my toil.

The rules under this account operates can be found here.

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Collecting funds for stakecube faucets. Engage with @jocieprosza

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