Holozing Update #2 - Highlighting an "Investor Mindset", as promised! Showcasing the POWER of COMMUNITY!
Good morning Holozingers and Hivers, Splinterfriends and fellow Soulkeepers!
Today's post should be a SHINING BEACON for one and all, to showcase the POWER of INVESTING in a COMMUNITY!!
I know what you're thinking... "What the hell is dingus rambling about today???"
As a refresher, let me give you the quick rundown:
First, I discovered that the Splinterlands Art Contest - one of my favorite contests each week... was actually a huge, gaping hole where Splinterlands Curation Rewards were being funneled off to Binance and other exchanges by "Extractors".
Before we proceed I want to ensure there is no possible way anyone could misunderstand me... When I say "Extractor", I mean "Someone who has taken 100% of their Hive Rewards, for as long as they have had a Hive Account, and shipped them off to an exchange."
If this doesn't apply to you... then don't come at me with that "but dingus..." bullshit. I have been and will be very specific about what I mean by that... If you somehow STILL manage to misinterpret me... that's on you bub.
Here's that Thesis of a post:
After that, I had posted some Hive Goals and said I wanted to look into other Hive projects - especially Gaming Projects... and I wanted to DEMONSTRATE... not just talk about... DEMONSTRATE... exactly how to receive a bunch of $HIVE Rewards... grow your Hive Power AND... Also invest in the Communities providing the Rewards while keeping my KE Ratio AT OR UNDER TWO!!!
That's a win-win-win-win-win...
That's so much #winning even Trump will be Peanut Butter & Jealous!!!
Check out my 2025 Hive Goals:
So many communities offer amazing rewards via competition, sponsorships, curation, etc... yet so many people take these Rewards with an incredibly short sighted mindset... and ship'em offchain as fast as they can unstake them 😭
Finally, to end the recap... I invested in 10,000 Holozing Tokens ($ZING) and staked them. I wrote an intro post to the Holozing Community and one of my digital friends, the mad scientist @acidyo who is cooking up all sorts of amazing things on Hive!
Check that post out here:
https://peakd.com/hive-131131/@captaindingus/my-first-10000-zing-tokens
Ok you're caught up... still confused as to why I am writing this post and the significance of it??
Check the Reward Data from the Zing Intro post out here:
Yes, that's right - that post earned over $86 in Hive Rewards. Not 86 Hive... $86!!!
But remember, for those of you new to Hive... When you WRITE a post... you will earn Upvotes from those who appreciate your work... but you will only receive HALF of the Rewards shown.
Because the Hive Token Distribution Method not only Rewards those who Create... but also those who engage with the community...
The OTHER HALF of the Rewards are given to THE PEOPLE WHO UPVOTED THE POST...
Yeah... that's right... if you Post something... you can earn Rewards... but if you UPVOTE SOMETHING... YOU WILL EARN REWARDS... So for all the extractors out there... think about how much you have missed by never keeping any Hive Power????? You could be earning as much as $1, $5, $10, $20 PER "MAX UPVOTE"... and you get about 20 of those PER DAY... womp womp
Ok... back on topic... The stated Rewards are $86.56... and I had selected a 50% Payout in Hive Power (Staked Tokens) and 50% in Hive Backed Dollars (HBD) - which is LIQUID and can be sent/spent/burned or whatever... IMMEDIATELY
Now... there has been a TON of talk about something I mentioned earlier... "KE Ratio"...
This is a simple math equation to get a "quick peek" into an account to see if they are keeping some Hive Rewards or just siphoning them off like a damn Succubus
@azircon wrote about this months ago but it has recently been at the forefront of discussion, especially when it comes to Community Contests... it's a great way to encourage at least a portion of Community Rewards stay in the community 😊
@beaker007 created a spiffy tool for checking KE Ratio with the help of data from @slobberchops:
https://beebalanced.streamlit.app/
If you want to see yours, check out that link!
Ok... so... the whole point of this post... Ready??????????
Last week I wrote an Intro Post in the Holozing Community. I purchased and staked 10,000 $ZING tokens. I posted it. I received some upvotes, including some rather large upvotes from the official @zingtoken account...
Today, I received my share of the payout of those Rewards, which amounted to:
Now... In real life, as well as digital life, I try my very best to be a man of my word... for that is all we truly have in this world.
I received 62.255 Hive Power and guess what... That is STAYING Staked... and will ensure I grow my Hive Power! In addition, it will help balance my KE Ratio - remember KE Ratio = Total Hive Rewards [Author + Upvotes]/Hive Power (staked Hive).
So if I put my Rewards at 50% Hive Power and 50% Hive Backed Dollar... and I earn 100 Rewards... 100 Total Rewards/50 Staked Rewards = 2... My KE Ratio would be 2!!!
Hey!! That's GREAT!! Now... I could set my Rewards to 100% Hive Power... but what about if I wanted to spend some of it... or invest in another Crypto... or wait a minute...
As I said in my Recap... my goal is take 50% of my Community Rewards from the various Communities and INVEST THEM IN THE COMMUNITY PROJECTS!!!
Not only can I grow my Hive Power and investment into Hive this way... I can invest in the Communities and Projects I think are really cool!!
So... what did I do with my $19.737 in HBD that I earned from the Holozing Community Post???
WELL... WHAT ELSE WOULD YOU BUY WITH $20 IN HIVE BUCKS?!?
Or... at least I would... but the Hive Blockchain is catching up... and I can't purchase this immediately... but as soon as I am able to pull the trigger... I will buy an Alpha Vial with the HBD Rewards I earned from the Holozing Community Intro Post AND I will keep my HP Rewards Staked... which will ensure my KE Ratio never exceeds 2!
That my friends... Hive Newbies and Vets alike... THAT is how you DEMONSTRATE an Investor Mindset.
Remember - this is a Holozing Community Post... so 50% of this posts Rewards will be used to invest in more Zing Tokens, Alpha Vials, etc!!
Speaking of $ZING Tokens... as a bonus... let's go check our Staked Zing Rewards over the last week!!
Look at that! I earned 11.856 ZING by staking but wait... Last week I aslo delegated 500 Hive Power to them to support their Community Curation Project... and earned another 300 ZING from that!!
Wait a minute... if you wanted to... you could buy Community Assets with your $HBD Rewards... and Delegate some or all of the HP Rewards to earn even more!!!
The power of Hive is incredible... you can learn to utilize it... or just ship your Rewards off and lose out on everything here... it's up to you.
Glad to see people familiarize themselves more with hive and zing through the posts you make!
I hope to help... and I am also looking more into @poshtoken so I can share this via Facebook and get some of my friends to look into it!!
Looks like a Hive Power and Zing is a good investment if you really want to stay long in Hive.
Hive Power is a must, to stay in Hive... Zing is great if you want to show your support for a great upcoming project!
I strongly agree, hive is for hive while hbd is to exchange. But much better hbd is for hive, hbd interest is to exchange.
Delegate Tokens and HP to Fallen Angels to earn weekly rewards!
Delegate | Join to the guild
@tipu curate
Upvoted 👌 (Mana: 25/45) Liquid rewards.
Thanks Liberty!
Hive-Engine is finally caught up and I bought my Alpha Vial with my $HBD Rewards!!