My Second Layer Tokens and I (December - January Assessment)

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(Edited)

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☆ A SET-BACK


At this point, I must acknowledge the fact that I haven't been active in posting on Hive as I thought I would. Although, I envisaged this moment and that was why I gave it my all each time I was opportune to create amazing content. However, I try to remain active in terms of engagement especially on Leothreads, on Afri-tunes community and few other communities.

Of course, this has great impact on my author rewards since I barely create posts. Although, I, most times, rely on them for financial sustenance and clearing of debts, I am incapacitated to do beyond my current activities. I hope it gets better soon, possibly, little by little.


☆ TO BE INTENTIONAL


Likewise, I missed sharing an update in December 2022 about the growth of my second layer tokens. Recall, that in the month of August 2022, I started a personal project to improve my consciousness and growth of my second layer tokens. In other words, I devoted the last week of every month to assess my second layer tokens and power them up, so that so that I could make an overall assessment of my progress and limitations, as well as set realistic goals.

Although, my fifth edition should be December's edition, but I didn't have any during December. Hence, this edition will be the fifth edition and it will cover two months. Don't expect much liquid to stake because I wasn't fully with my content creating zeal due to the physical engagements I had.

Likewise, although this is a personal project, I hope it can inspire people to be more aware of the Hive Second Layer tokens, as well as to invest and stake them for the long term.

If you want to learn how to purchase Tokens from the Hive Engine, do well to read my post on How to Effectively Place Buy and Sell Orders for Tokens on Hive Engine and my post on Converting Second Layer Tokens to Hive using Beeswap method.

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☆ HOW DO I GET THESE TOKENS?


As a reminder, the following methods can be used to obtain the tokens in the Hive Second Layer:

  • Use the appropriate Tribe tags when you create high-quality content
  • Take part in and try your best to win contests
  • Purchase these tokens from Hive Engine Decentralized Exchanges (Dex) like: Leodex, Hive-engine, beeswap or Tribaldex.com

Do Well to DYOR (Do Your Own Research) before investing in any crypto asset.

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☆ DECEMBER TO JANUARY ASSESSMENT


Here is what I received as Liquid and staked for my Hive Second Layer Tokens from December 2022 to January 2023. I'll stake them and evaluate their development in the paragraphs below. Although, I had to stake the $music tokens immediately.

The tokens on the list are the tokens from the tribe tokens tag I use regularly in my posts. Also, LEO will only be Staked on Leo Power Up Day (LPUD).


TokensStaked (Old Balance)LiquidStaked (New)
BEE5.333 (3.998)1.3356.669
LEO2,400165.335
POB904.355159.1711,063.526
UTOPIS37.43737.437
WAIV103.2427.46110.702
HIQS20.043020.043
MUSIC743.524 (153.413)104.139847.662
VYB1,628.75 (1,380.649)01,628.75
SCRIBE19.571 (15.289)019.571
CTP392.73443.938436.672
SPT10,797.26173.14510,870.407
NEOXAG2,953.612 (2,726.297)227.3163,180.928
PGM87.998 (87.94)0.54888.546
PIMP271.578 (269.218)67.096338.674
ALIVE73.971 (73.571)0.0273.991
PIZZA49.27 (46.71)049.27
THGAMING4,861.66740.1364,901.803
ONEUP2,172.19534.9662,207.161
WOO0800.448800.448

Newly Added Tokens to the List

TokensStaked (Old Balance)LiquidStaked (New)
INK260.130260.13
BXT0.9530.0020.955

Other Tokens (Not Stakable)

TokensLiquidHow to EarnUse Cases
LVL51,600.799Purchase from beeswap, leodex or hive-engineIn-game currency of PsyberX, Psyberswaps, Psyberdecks and all games in the Psyberverse
BRO10.009Purchase from beeswap, leodex or hive-engineHive dividend share, possible curation
DREEM1415Earned through Dreemport Engagement
POSH66.309Share your post on Twitter (visit @poshtoken for more info)
DEC11.618Via SplinterlandsIn game currency of Splinterlands game
SPS21.905Via SplinterlandsReward Currency of Splinterlands game
UTOPIS (can be staked)37.437PurchaseHive dividend share
LGN13.345Purchase from beeswap, leodex or hive-engine
STARBITS25,014In-game Currency of Rising StarIn-game Currency of Rising Star
DCBETA1In-game NFT card pack of DcropsPurchased on Dcrops game
ICPVTWO1I don't know yet
IUC1.232Indian United Coin - Delegating to @indiaunited or buying from Hive-engine

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Overall, in as much as the time frame spans for the length of two months (December and January), I wasn't able to achieve much due to my low activities in terms of posting on the chain. Thus, this affected both my author reward in terms of Hive, HBD and other tokens.

However, there were obvious signs of progress little by little since I still engaged with other content, used leothreads as well as curated. Thus, I acquired some tokens based on curation rewards and they kept on growing little by little.

Similarly, my leogoals for 2023 has also pushed me to devise strategic methods to grow my Leo stake to reach the Cub status. Thus, even if I do not make post, I must still fulfil the minimum LEO powerup to achieve this goal. Similarly, the quest to join the Hive Power Up every month will also encourage me to better grow my stake.

I hope this month will be better and I will see substantial increase in the tokens' quantity. Also, the upwards movement of Hive also translated to movement in these tokens' value. Thus, this is the best time to keep stacking them.

I hope to see more increase in my LEO, POB, CTP, WAIV, NEOXIAN and MUSIC tokens.

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☆ SHORT-TERM SAVING GOALS


DECEMBER CHECKLIST

For the month of December, I gave this as my target:

TOKENGoalCurrent QuantityCheck
MUSIC500847.662
UTOPIS10037.437
BXT50.953
  • I was able to fulfil my target of 500 Music tokens, however, I do not know if this target that fulfilled in the month of December or January. But, at this present moment, I have 800+ Music tokens.
  • I wasn't able to purchase 63 more UTOPIS, and at the present moment, the price has gone 4X I bought it. If I had followed my intuition that time, I should have been in profit at this moment.
  • I didn't purchase my BXT to fulfil this goal.

Thus, my goal for the month of December was barely 35% fulfilled. Poor mark!


GOALS FOR FEBRUARY

I do not plan on setting any goals for my second layer tokens for the month of February. February 2023 has only 28 days, and the manner which I am busy, I may not realize when the month will come to an end. Hence, I will try to uphold my Leogoals and Hive Power Up day goals to ensure that I power up during both occasions.

I will you all a lovely month ahead, and take care to grow your Hive, HBD and second layer stake.

However, the most important goal I will try to abide to is:

Don't power down any staked Hive or Second Layer Token!!!

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  • Logo Collage property of: Hive Learners, Ecency, Leofinance, Hive, 3speak and Ksam
  • Designs created with Canva Mobile App

I AM KSAM


I may not be your favourite author, but you can journey with me to help me develop my writing skills. I am always open to criticism, correction and learning 🥰.

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Posted Using LeoFinance Beta

Posted Using LeoFinance Beta



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8 comments
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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

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Your goals is really activating and exciting. I'm very happy for you brother. You will achieve more as well set a path before us too. More wins bro

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Thank you so much dear brother
I hope I achieve my goals, and I believe you will achieve yours and surpass this my small goal sef... hehe

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Amazing. I love that you do check and assess your goals which is good so one can be able to see the progress. I don't intend to power down any token for now. Thank God HBD is there to help me sort my needs out.

I hope February turns amazing for us. Good luck, Ksam

Posted Using LeoFinance Beta

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Amen ooo
I hope February turns out well

Honestly, there are many things that man need money for, and the temptation to power down to solve some of them is heightened 🤧🤧

I just hope Oluwa help us ooo
E no easy

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It's not easy my friend, but God will always show up for us.

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Congratulations @ksam! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out our last posts:

Hive Power Up Month Challenge - January 2023 Winners List
Be ready for the February edition of the Hive Power Up Month!
Hive Power Up Day - February 1st 2023
The Hive Gamification Proposal
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Congratulations @ksam! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day! This entitles you to a level 1 badge.
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Check out our last posts:

Hive Power Up Month Challenge - January 2023 Winners List
Be ready for the February edition of the Hive Power Up Month!
Hive Power Up Day - February 1st 2023
The Hive Gamification Proposal
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