PWR is now OVERPEGGED!
Crazy ride so far! Didn't expected such a move.
~20 days ago I decided to pull the trigger and move into other 'ventures' (outside of only holding HIVE) with PWR funds.
Back in that day the whole PWR fund was worth 80.000 HIVE (~17K$).
Today, after less than a month and a few aggressive trades with some measured and bearable leverage the fund is worth more than ~130.000 HIVE (~36K$) which is fantastic.
I bought the ETH local bottom? Could be.
Is this the start of a monstruous bull run? Let's see.
Look at the chart. I just CAN'T ignore this magic line.
Remember you can check PWR holdings in almost real time:
You can check through this [hidden]
Since Total circulation for PWR is ~117.000 tokens (and slowly increasing), this makes every PWR 'worth' around +1,1 HIVE.Hopefully this tremendous trend will continue. Can you imagine a PWR worth 3-4 HIVE? Would be awesome for the project overall.
btw!
Holdings Report on Hold for this Month.
I have a hectic and key week in real life. I have the last exam of my Developer training ahead of me and passing it or no conditions my hiring at the tech company where I have been an intern for the last year.
The exam should be a ‘mere formality’, but until the qualification is sealed I can't take anything for granted.
In addition, there are some things to be clarified with PWR that I have not yet addressed (use of curation income, personal witness earnings, thoughts about staking delegator rewards and more!).
And I still have to update ALL the docs for the project.
It's not really a problem, it's just a matter of running everything by myself. It has the great advantage that the fixed costs of keeping PWR running are extremely low (no rent, no dev salaries and no exaggerated marketing budgets adding selling pressure).
For all these reasons do not expect a timely report. Probably by next weekend I'll be able to address all of this.
I'm not that active on discord from the moderation side of things. Allow a few hours for me to catch up (or send DM directly).
Friendly Reminder: Use the pool to buy/sell PWR
(Edited). Just noticed buys on the regular orderbook from Hive-Engine. There's no liquidity on the upside from Hive-Engine.
Better use the pool SWAP.HIVE-PWR through beeswap or Tribaldex.
In Conclusion
- PWR stronk
- Monthly Report Delayed (hopefully ~1 week).
Join the PWR Discord to solve doubts/DM me if needed. I'm out! Need to keep studying.
You're not voting for my witness yet and love what I do? Don't ask me more:
Leave PWR is now OVERPEGGED! to:
Read more #pwr posts
Best Posts From empoderat
We have not curated any of empoderat's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From empoderat
- [#22] - Monthly PWR Holdings Report
- PWR Staking now yields HIVE Rewards
- [#20 & #21] - Monthly PWR Holdings Report
- Upgraded PWR Delegation Rewards: 15% APR!
- Summary of PWR changes + SURPRISE AIRDROP!
- PWR is now OVERPEGGED!
- A look at the 'backed-value' of PWR
- IMPORTANT: PWR Token Revamp
- [#19] - Monthly PWR Holdings Report
- Empo Witness Update - Dirty hands smile
- [#18] - Monthly PWR Holdings Report
- {Test} - 12% APR for Hive Power Delegations (Up from 8%)
- Shakeout in Governance: DHF enters Savings Mode // EDIT: ok not anymore
- Just received another one of those calls...
- [#17] - Monthly PWR Holdings Report
- [Pending] - Rewards for empo.voter delegators erratic last few days
- [#16] - Monthly PWR Holdings Report
- PWR Staking Rewards: Retrospective (and more adjustments)
- Empo Witness Update - What I do for Hive
- PWR Staking APR: ~48%