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RE: Alive Chat July 12, 2021 - Starts 13 GMT With Chat Host @flaxz And Co-host @hafiz34 - #AliveAndThriving: Increase Your Earnings By Staking Your Tokens

in We Are Alive Tribe3 years ago

So let's start, and today we will talk about why staking is so important.

As you might know half of the ALIVE token rewards on posts and comments goes to the author and the other half goes to curators who have upvoted it.

This means that of all posting rewards paid out in a day half goes to authors and half goes to curators, so 50% of daily rewards on posts is paid out to accounts upvoting posts and comments.

How much curation rewards you get for your upvotes is based on your stake, your ALIVE Power, the higher that is the more your upvotes are worth and the more you earn in curation rewards.

If you are not building your stake then you are missing out on 50% of your potential earnings.

If our tribe grows in numbers then the author rewards are spread out on more posts and comments, while the price of the token is hopefully increasing with the growth, but without a stake you don't really earn any more value on your posts, tokens are worth more but you earn fewer tokens.

If you are building your stake then any increase in price also means you are earning more value, you earn about the same amount of tokens but they are worth more.

Not building your stake is like farming on rented land, if you increase the yeild of your harvest by investing in making the soil better, then you will also have to pay more for renting that land.

Building your stake is like farming on land that you own, any improvements you make means more profit for you.

This is why it is so important to build your stake, and how it increases your income over time.

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I completely ignore the prices of the tokens and just keep staking. I am in this for the long haul. I have only just started to build on Hive. Just show up every day and engage and stake. It's pretty simple and consistency will help in this game.

That is a great strategy Lisa, it means you will also stake the tokens that do make it in the long run.

!ALIVE

Thanks, Erik! That's what I was thinking! 😀Have a great day!😀
!ENGAGE 10
!ALIVE



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@lisamgentile1961
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Keep it up.

!ALIVE

Will do, Erik! Enjoy your day!😀



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@lisamgentile1961
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You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.

Good Morning and Thank you, @youarealive! Enjoy your day.😀



Made in Canva

@lisamgentile1961
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👍❤️

👍❤️



Made in Canva

-- @lisamgentile1961
___

You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.

You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.

Good Morning and Thank you, @youarealive! Enjoy your day.😀



Made in Canva

@lisamgentile1961
___

👍🙏❤️

👍😀❤️



Made in Canva

@lisamgentile1961
___