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RE: Our Hive Power Delegations to the July PUM Winners

in Hive Power β€’ 12 days ago

Same here, since for me there would be no benefit to saving HIVE all month to powerup on the 1st of each month. I'd just power it up as I receive it. 😁 πŸ™ πŸ’š ✨ πŸ€™

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There's also the option to simply convert or swap HIVE to HBD if someone doesn't want their HIVE locked for 13 weeks as Hive Power, then put to Savings to earn 15% APR compounded monthly (or basically 1.25% per month where each month is 30 days). πŸ€“

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True, though that would only be a good idea if the price of HIVE were high, otherwise too much is lost in the conversion. 😁 πŸ™ πŸ’š ✨ πŸ€™

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People also aren't supposed to convert very little amounts of HIVE or HBD (especially the minimum positive amount which is 0.001 HIVE or 0.001 HBD), or they will lose (effectively burn) a huge percentage of their source token (technically up to 100%) because of the destination token amount being rounded down to the nearest thousandth digit. πŸ€―πŸ˜…

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That is also very logical, so obviously. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

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That's unless they want to "help Hive" by letting a (large) portion of their HIVE or HBD to be swapped or converted be burned. πŸ€”πŸ”₯πŸ’ΈπŸ€―πŸ˜†πŸ€“

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Well, that would likely help HIVE's fiat value. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

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