Hi HODLers, no greeting to Dumpers,
Today I just wanted to highlight why you should mostly HODL crypto you believe in. There are a lot of positive coming to those who keep believing in a crypto/project which keeps delivering on its promises.
Hive being obviously one of these.
For the old Steem users, LEO tokens were airdropped for the most part on the snapshot of Palnet HODLers (one if the first H-E token created). PAL had been airdropped to HIVE holders previously.
Fast forward, a few weeks ago another important airdrop happened: $BXT.
If you were one of the lucky ~2100 accounts to have received the airdrop; the amount you received was linked to your SIM holdings, LEO holdings, being a splinterlands players and a BeeSwap user.
@beeswap is the official account.
Here is their UI: https://beeswap.dcity.io/
Whitepaper link
It is quite similar to TribalDex and they incentivize pooling with many H-E Tokens. The cool thing is that you can get a better idea of the APR offered with each pool.
Inflation is planned to decrease from week 2.
I might actually join one or two pools as APY are quite high.
Staking BXT is currently delivering a 160%+ APR which is ... very nice
HODLing $BXT
I have close to 10 $BXT tokens (8 airdropped and bought 2 on the market). It used to be valued around $200-250 and now considering the current $HIVE bullrun and the great Yield offered, they are worth around $500.
I could clearly get used to get maybe 1 HIVE per day just for staking this BXT token. Who knows where $HIVE price will be in a few months right?
Stay safe out there and keep participating in the vibrant HIVE ecosystem. We are still early.