https://img.inleo.io/DQmdmjvgDswZQ2yJiyk1kMpcur2M7pHuRBNUCLfsFst7ywv/UtK-BLy9Sp-qqAJge00Bcg.webp
This has been a bit of a busy week so it's nice to have the weekend to catch up and try to write some posts for next week in advance. I started to participate with the #saturdaysavers group sometime back because I found that it helps me better track my goals. It's not that I didn't have goals, I was being more passive about them and as a result often I forgot about them. This has helped me keep the focus on achieving my primary goal, which is to reach 5,000 HP this year. Let's jump into the week in review!
Hive Power
I'm at 3,650 total HP which is an increase of 85 on the week. I'm still on track to reach 5K by the end of the year by earning at least 46 Hive a week. My goal has also been to do this organically, because if I can do it then anyone can. There's nothing like a personal success story to help onboard and encourage new members!
DUO
Recently @bulliontools , @bitcoinman and I launched a new token by the name of DUO to help support onboarding. Those who stake 200 or more tokens can receive a daily curation and come August 1 Hive dividends. For those who stake 500 or more you can give a daily DUO tip, and when you tip others you receive the same tip amount in your bag as well! I currently have a little over 500 staked but will be picking up more very soon.
The curations and tip bot are already live. This week we tested the dividends feature and it worked like a charm, so DUO holders may see a tiny trickle until the test funds dry up. We've had an encouraging start and already have over 5,500 HP staked in the @duo-curator account. All funds from sales go into HP and will stay there.
Come August 90% of earnings from curations will be converted to liquid Hive and paid out in dividends, the remaining 10% will go into Hive Power to continue to strengthen curation of DUO holders and newly onboarded members to the Hive ecosystem.
https://peakd.com/pimp/@hive-193566/duo-white-paper
You can find DUO for sale here:
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO
PIMP
I'm still trying to reach my goal of 50K PIMP by years end. It has become much more difficult as the price has increased significantly lately. I currently have 25,621 so I'm a little over halfway. I added 330 the last week from tips and dividends. This goal is starting to worry me, but there is still a lot of time left in the year.
As I've mentioned in the past I like PIMP because it's the only token backed by physical silver, I believe the current total is 35 Troy ounces.
HSBI
I've already surpassed my goal of 2K HSBI units this year and haven't set a new one. On this one whatever happens happens. It's a great project in my eyes and it will help you along your Hive journey. Right now here's where I stand:
I'm up 59 from last week, not too shabby for not really focusing on my growth here.
The HSBI program provides periodic upvotes on your posts, and the more you have the more frequent the upvote and bigger as well. If you want more information you can read my post about it here:
https://inleo.io/@thebighigg/hsbi-what-are-they-my-experience-and-a-starter-guide
I have been participating as a sponsor in several events that give out HSBI as a reward which have helped me arrive at my goal. Notably I am a sponsor of Shadow Hunters, Three Tune Tuesday, #NinetiesFriday , and I also do a weekly ten HSBI giveaway. Tomorrow is this weeks deadline to enter, if you want to enter just answer the weekly question and you are in the contest! Here's the link:
https://peakd.com/hive-140084/@thebighigg/ten-hsbi-giveaway-and-two-duo-tokens-week-17-4x4
If you have questions about the events above feel free to ask, my favorite currently is #ninetiesfriday where you can share anything from the 1990's. Your imagination is the limit! One lucky winner will win six HSBI every week, three from @geneeverett and three from me.
SIM
I haven't done much with SIM this week, but I continue to hold about 1.1 million. They pay out daily liquid Hive once you are above a certain level, I believe 8K but don't quote me on that, you may want to look it up yourself. For the time being I'm not buying more, mostly because I am putting more of my investments in DUO.
Another thing to consider here is that SIM is inflationary, so that may bring down the price over time. However, measures are being taken in the game to reduce this issue.
PWR
I'm continuing to delegate HP to empo.voter to receive daily PWR tokens. I'll continue to stack them and look forward to the day that they will start paying liquid Hive to holders!
Other Tokens
No changes here, just continuing to collect EDS, DBOND, and DAB. I'm not actively buying more of these or miners. I like all three projects so I will continue to let them pile up in my wallet!
Silver
Silver prices are staying just about $30 per Troy ounce. It did test some highs this week but has pulled back and testing the lows. I'm hoping for a nice rally this week but may see more testing of the support at lower prices. The elephant in the room is still the fed and interest rates, but inflation has most certainly driven up prices. Silver and gold are always a smart investment because they are tangible assets that will always have value, so come World War III or a zombie apocalypse you will be able to depend on it.
From Kitco.com
Silver over the last five days
From Apmex.com
Right now silver eagle coins are selling at $5.49 above spot price of silver on Apmex.com. Really a pretty good price although I prefer to pay nothing over the price of silver, but American Eagles always carry a premium due to demand. There are deals that can be found on silver if you're motivated. I love checking out shops that buy gold and silver, especially jewelers because they often get in some nice items and often will sell them near spot.
That will just about do it for this week's Saturday Savers post. I hope you all have a safe weekend. Thanks so much for all of your support, I really greatly appreciate it! If you have any comments or questions please feel free to leave them below!
And my disclaimer:
I'm not a financial advisor and this isn't financial advice, please always do your own research before spending your hard earned money.
Header generated using ideogram.ai
I am part of the management team of the DUO token
References
https://www.kitco.com/charts/silver
https://www.apmex.com/product/23331/1-oz-american-silver-eagle-coin-bu-random-year
DUO token
This is a brand new token from the Hive Onboarding Committee, please check out the white paper: https://peakd.com/pimp/@hive-193566/duo-white-paper
Currently on sale on Hive Engine and Tribaldex
If you are interested in precious metals or even want to learn more about them feel free to come join us #silvergoldstackers
I'm a proud member of The Alliance Family!
Here at the HOC we want to see everyone thrive here on Hive
