Hive and Hive Engine Power Up Day December 2021

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Hey Hivers,

The year is coming to an end and it's time for the last Power Up Day of 2021! But before anything, I just want to brag a little about the latest shiny new badge I received from @hivebuzz: the November Power Up Month badge! Only 28 of us managed to get it, and I'm proud to display it:

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HIVE

Going back to the main topic, December Power Up Day, the above explains partly why my power up today was smaller than usual. Usually, I gather as much Hive as I can during the month, to power up on the first day of the new month. But in November, to get my badge, I powered up a bit every day, hence the lower amount of liquid Hive left. And of course, we're all aware of the Hive current high price. So, in the end, with only 11.111HP, this is one of my lowest Power Up Day amount, but still a level 1 badge. That's 13 participations in a row!

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Also because of HIVE high price, I slightly increased again the amount of HBD I pushed into Savings to 15HBD. I figured I could take advantage of the 10% APR, and in the event Hive goes down significantly, I can convert them at that time.

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And once again, the account growth stayed pretty steady. Slightly faster than usual, again because of the daily small power ups. Starting at 1867HP, I finished at 1953HP. That means the organic growth was somewhere around 55/60HP, about the same as the past couple of months.

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So finally, with today's Power UP, that is 1964HP! Almost identical HP increase compared to last month. So even if the slow down in absolute HP on the chart below is visible, considering Hive price, that's actually better than steady. The last year of growth for my account:

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SPORTS

I hinted last month that I was a bit worried the end of the Engagement project would be a big slow down for my SPORTS account growth. But this month was actually pretty good, better than my expectations actually. I now have over 5.7M SPORTS tokens staked.

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That's a 471k increase over last month. Of course, it's not the 700+k I could get at the peak of the Engagement Project, but I am definitely happy with it. And that makes the 6M target at the end of the year much more reasonable that I thought it was last month.

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DUNK

I still enjoy this @dunksocial community and I noticed an increase in the new content these days. Through engagement, contests and dividends, it is also fairly easy to get a decent growth. In November, I was able to add over 12k to my DUNK Power, bringing it to more than 28k.

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Like I said last month, if you like basketball, make sure to stop by this community when you get a chance.

Targets

  • Not changing my objective for Hive. The high price makes it tempting to sell it, but except maybe a small transfer to BSC in order to take my first baby DeFi steps with Actifit DeFi, my strategy will stay the same for now: power up as much as I can. We'll see if the price stays around these high levels for quite some time, maybe it will be time to reevaluate.
  • Like I said, the 6M target for the end of the year should be more than feasible now. I think for now, a 400 to 450k tokens per month is a reasonable yet challenging target, so I'll stay with that.
  • As for DUNK, I already mentioned I needed a few months to establish a baseline. But if I could stay with the same 10 to 15k tokens per month growth, I would be very happy for now.

And that is all for this month, enjoy the end of 2021!

Posted Using LeoFinance Beta



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Congratulations @manuvert! 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 the last post from @hivebuzz:

Hive Power Up Month Challenge - Winners List
Hive Power Up Day - December 1st 2021 - Become an Orca!
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