Summary of PWR changes + SURPRISE AIRDROP!
What a week!
I have finished the last of my exams and it looks like I will soon my qualification :) .
Still have a couple weeks of bureaucracy and paperwork ahead of me, but overall I am very happy for the outcome.
Whatever! Let’s talk a bit about PWR.
In my last post I received direct feedback to address some of the questions regarding PWR tokenomics.
And that's just what I'm going to talk about. Some changes are already implemented while others will come later (+ a little surprise).
- Staking (Live)
- Surprise Airdrop (-)
- Liquidity Pool (September)
- Delegation Rewards (Live)
- Witness (Live)
- Curation income (-)
- VSC (No Date)
Staking Rewards
Let's face first the most aggressive changes.
While I think they have been an interesting addition to give an alternative to PWR holders who are not interested in the Pool, I think it pays too much APR (in relation to the pool).
For reference, there’s ~35K PWR staked (being 10K mine), and the staking contract is currently distributing 0.75 PWR/hour so ~6570 PWR yearly.
6570/35000 -> 0,187 -> ~19% APR paid fully in PWR.
It’s simply too much. LP APR should always be magnitudes higher.
I also do not like that PWRs issued in this way are minted as new supply, I would prefer to top up a 'rewards contract' like I already do with the LP.
It's also more of a burden now that PWR is overpegged.
For these reasons, I'm drastically cutting staking rewards. Right now 0.75 PWR per hour is distributed, I'm lowering it to 0.2 PWR/hour.
At 0.2 PWR/h the APR with the current numbers would be ~5% which is a conservative number for crypto standards.
But I have a little ace up my sleeve. Since I control 10K PWR of the 35K staked, I can simply remove my share to increase the % for the rest of the participants.
This way the APR from solo-staking increases to ~7% (from 5) while reducing a lot staking inflation (from 6570 down to 1752 tokens).
Surprise Aidrop for PWR Stakers
Back in the day, I said:
''I won't change staking rewards until September''
Concretely in this post.
And now I am breaking my promise. I think for a good reason, but it is what it is.
I don't like to go back on my word, so I thought I'd offer a small compensation for the sudden change (especially for users who don't check their holdings that often). This airdrop is intended to compensate for the difference in APR.
1000 PWR Airdrop!
Theoretically, this airdrop should almost entirely compensate for the rewards not generated in the next 4 months taking in account the APR reduction from ~19% down to ~7%.
It's basically an instant 3.6% airdrop on your PWR staked amount or approximately 0,0361 PWR given for every PWR staked (minimum threshold of 10 PWR).
Those 1000 PWR are coming from new inflation and are being distributed directly staked (just in case some holders are dormant and don't check frequently). Unstaking time is just 1 day so no big problem there.
Complete list of beneficiaries:
| User | PWR Staked | Airdrop |
|---|---|---|
| @x30 | 10000 | 365.91 |
| @yabapmatt | 6901 | 252.43 |
| @resiliencia | 2000 | 73.16 |
| @ichheilee | 1946 | 71.18 |
| @trumpman | 1805 | 66.02 |
| @lbi-pwr | 1519 | 55.58 |
| @spi-store | 823.400 | 30.12 |
| @gadrian | 294.877 | 10.78 |
| @shmoogleosukami | 228.000 | 8.34 |
| @oldmans | 213.768 | 7.82 |
| @borsengelaber | 200.000 | 7.31 |
| @tiffin | 164.000 | 6.00 |
| @bozz | 151.855 | 5.56 |
| @dera123 | 147.238 | 5.38 |
| @xrayman | 117.481 | 4.30 |
| @tonyz | 114.714 | 4.20 |
| @toofasteddie | 112.176 | 4.10 |
| @dbooster | 109.242 | 3.99 |
| @josediccus | 104.923 | 3.83 |
| @costanza | 100.989 | 3.70 |
| @alexvan | 78.649 | 2.88 |
| @braaiboy | 51.691 | 1.89 |
| @riandeuk | 30.149 | 1.10 |
| @cwow2 | 29.285 | 1.07 |
| @cryptoyzzy | 25.802 | 0.95 |
| @pardinus | 24.451 | 0.90 |
| @alohaed | 20.209 | 0.74 |
| @bulliontools | 19.106 | 0.70 |
| @melbourneswest | 10.000 | 0.36 |
** Sending every transaction has a little cost, so if you're one of the few users with less than 10 PWR staked, just let me know in the comments and I'll drop a compensation upvote ;)
- PWR Staking Rewards -> Changed to 0,2 PWR/h (from 0,75 PWR/h).
- Airdrop Status: Completed!
~~EDIT: 23/05/2025 - For whatever reason the airdrop tx went through but I don't see anything and the PWR are stucked in limbo. I've already contacted Hive-Engine Support to see what happens. ~~
EDIT: 28/05/2025 - Ok, seems that everyone received his fair share.
If you're reading this, the airdrop has probably been issued and the new inflation for PWR staking rewards is LIVE!
Liquidity Pool (SWAP.HIVE-PWR)
I like how the pool has performed over the last year since the introduction of ‘HIVE dividends’. It’s currently paying a juicy ~20% with a very high liquidity ratio relative to the market cap of the token.
My idea is to keep improving this and my intention for the third year is that the pool will stop paying half PWR and half HIVE and just pay 100% HIVE.
Now that PWR is not following anymore a 1:1 ratio with HIVE, I believe it will be increasingly important to build up a 'neutral' LP position. A thing that I’ve already started doing.
@vventures holds 4K HIVE and 3K PWR and is the third biggest LP with a ~12% of the pool. I’ve been buying off PWR from this account whenever it’s underpegged in random amounts and times. This HIVE and PWR will be held for now as liquidity.
Introducing ‘’Powered Up LP’s’’
This is another tweak I’ll be introducing to the SWAP.HIVE:PWR LP.
In a nutshell: ‘’Hold your LP for 3 months and increase your APR daily’’.
Think about ''Powering up'' HIVE, but without the lock (and the governance perks).
This is a feature already live in Tribaldex/Hive Engine with no additional developing effort needed.
Will work as follows:
For every day a user holds onto his LP, his perceived APR will be higher (1% higher daily for 90 days).
This basically means long-term LP holders will benefit substantially for his commitment, while fast flip-floppers will receive a lot less (but still a decent APR though).
Add to this the factor that the rewards will be 100% HIVE and I think we have a very attractive recipe here.
This changes will come into effect in the second week of September, shortly after the current epoch of rewards ends in ~120 days.
Witness Rewards
So far witness rewards from @empo.witness have been used as an additional source of income for the project.
From now on, I'll just keep the witness income for myself.
And that's it, witness rewards removed from the PWR income.
Delegation Rewards
You've probably already noticed, but the change in distribution announced with the PWR revamp is already working.
Now PWR delegation rewards fluctuate with the PWR price Vs HIVE. This has massive implications since this is the biggest inflation source for PWR. I'll use a 100K Hive Power delegation for the example.
Before the changes, with a 100K Hive Power delegation the project was issuing ~12K PWR/yearly or ~32,87 PWR daily.
After the changes, that same delegation (100K) is issuing ~9230 PWR/yearly (with PWR a 1,3 HIVE) or ~25,28 PWR daily.
This means, as PWR value crawls up (in HIVE terms), less PWR is printed from delegations... making the PWR token more and more scarce.
So far so good.
Curation Income
@empo.voter currently has +100K Hive power in delegations which are yielding ~140 HIVE/weekly.
For now I'm keeping those HIVE liquid. I'll be using those for the following:
- Buyback PWR (and providing it as LP).
- Prepare a buffer to start distributing to LP's in ~4 months (100% Hive divs!).
VSC Migration
It’s still early to talk about the VSC migration although I’ve started doing some research on it from a developer perspective. What it would take to migrate the PWR token from Hive-Engine to VSC and these kinds of things.
This is still a long term goal (+1 year away) and first I would like to see VSC maturing for some time and other projects/apps launching there first.
May be something interesting to work on during the bear market in 2026-2027. Who knows.
For now, the focus is to overpeg more HIVE into PWR.
Conclusion
PWR as whole is getting stronger.
- Check the Public Portfolio
- Join the PWR Discord for doubts
You're not voting for my witness yet and love what I do? Don't ask me more:
**Images generated with ChatGPT.
Sounds like you have been very busy! Is the swap.hive/pwr LP different from the one that is already out there? Can I just keep my tokens in that one?
Yep, no need to do anything if you're already in my man
Thank you!
Can I have a compensation upvote on top of my airdrop sir? Me poor
Here you go xD
I was going to give upvotes anyway so why not, take yours.
Molt be company! i felicitats per la qualification
Gràcies! Ha sigut duret però ja estem aqui
Thanks for the AirDrop! 🤝🏻
And all the best for the rest of your exams paperwork! What degree are you working on again? Was that that some Computer Science?
''Senior technician in web application development''. 2 years of training :)
Cool! 👍🏻 Something where the search is on these days.
Spot on!
Great news again! Seems like everything is heading in a positive direction.
And I'm the happiest man on earth for that. Thanks for your support!
Thanks for clarifying these changes. Appreciate the airdrop, and understand the reasons for the reduced staking APR. PWR has traded steadily a little above its asset backing which has been nice to see.
LBI is here for the long run with you.
Nobody is selling! And I can understand why though. You know you can sell for a profit now... But you might not be able to buy back lower later...
There's almost no inflation, no big recurring or salary costs it's already overpegged and I've invested thousands over thousands of dollars into it. As a manager I try to be the ultimate buyer of last resort for my own token. Not a liability with a 25% preallocation or so.
Or well, that's my view of doing things though.
PWR is still a ''hobby project'' with a ridiculous reach (virtually 0). But with a bit of patience and leverage can scalate quite a bit.
Well, that's what I'm trying.
¡Gran post y gracias por la detallada actualización con estos cambios en PWR!
¡Muchas, muchas gracias por el airdrop! 😁😁
Después de analizarlo, desde mi perspectiva, prefiero sacrificar un APR potencialmente más alto a corto plazo que me llevaría a acumular otros tokens (como HIVE) para así mantener una mayor exposición a PWR, apostando por su potencial de revalorización a largo plazo.
La confianza en tu gestión y en el futuro del proyecto es lo que más pesa para mí. ¡Mucho éxito con lo que viene! 🚀🚀🚀
Significa mucho para mí, gracias compañero :)
Yay, congratulations! or to quote Mr. @trumpman Sir Bro, GAY!!!
Happy to see that the project is evolving nicely.
Thanks alex, hope everything is going well on your side of Europe
Yes it is fine, gay stuff as usual. Need to see Mr. @trumpman in August, to have a mood lifting
I don't check my holding that much, I've only done so twice. So yeah, thanks for the drop.
Everything adds up tho :)
Yeah, true. Looking forward
I wish I made a move like @lbi-token (@jk6276) did. Chapeau bas.
(not eligible for compensation upvote)
Why not, you're showing up man. take some love.
Appreciated. I look forward to vsc integration
Don't expect it anytime soon though, still in a very early stage (basically all the work to do).
Yeah, I know. But I'm already accumulating some sats for vsc uses
I wish I did things differently 😭 but all in all I'm happy I left my stake in LP
Delegation + LP is a winner combo sir. Just let it compound and try to accumulate a bit more of Hive Power :)
I have been holding over 100 pwr for the past few months now and I still intend to buy more
Best way to steadily accumulate PWR is delegating some Hive Power to @empo.voter; you'll receive a 12% APR paid daily in PWR tokens.
Just suggesting because I see you hold some, it's a great way to try it out without much risk of a burden since you're ''only'' losing a bit of opportunity cost in cas eyou later regret (hopefully not).
Any doubt regarding the project/management or whatever else, feel free to ask me here or through discord.
Greetings!
Looks good! Now I have to decide if I want to keep staking mine or move it back into the pool.
Anyway, thanks for the airdrop! And the more I think about it, the more I think depegging from Hive is a good move, especially considering the lackluster performance of Hive. Keep up the great work!
@themarkymark & Co, do we really have to expose all your accounts? You already know what you’re doing is wrong.
These issues need immediate attention:
@buildawhale Wallet:
@usainvote Wallet:
@buildawhale/wallet | @usainvote/wallet
@ipromote Wallet:
Author Rewards: 2,181.16
Curation Rewards: 4,015.61
Staked HIVE (HP): 0.00
Rewards/Stake Co-efficient (KE): NaN
HIVE: 25,203.749
Staked HIVE (HP): 0.000
Delegated HIVE: 0.000
Estimated Account Value: $6,946.68
Recent Activity:
@leovoter Wallet:
Author Rewards: 194.75
Curation Rewards: 193.88
Staked HIVE (HP): 0.00
Rewards/Stake Co-efficient (KE): 388,632.00 (Suspiciously High)
HIVE: 0.000
Staked HIVE (HP): 0.001
Total: 16.551
Delegated HIVE: +16.550
Recent Activity:
@abide Wallet:
Recent Activity:
@proposalalert Wallet:
Recent Activity:
@stemgeeks Wallet:
Recent Activity:
@theycallmemarky Wallet:
Recent Activity:
@apeminingclub Wallet:
Recent Activity:
Scheduled unstake (power down): ~2.351 HIVE (in 4 days, remaining 7 weeks)
Total Staked HIVE: 1,292.019
Delegated HIVE: +1,261.508
Withdraw vesting from @apeminingclub to @blockheadgames 2.348 HIVE (10 days ago)
Claim rewards: 0.290 HP (10 days ago)
@blockheadgames Wallet:
Recent Activity:
We only expose what is already on the Hive Blockchain. The data speaks for itself, and the truth cannot be hidden.
SO PLEASE STOP. It’s time to do the right thing for Hive and its community.
THOSE WHO ARE WATCHING—THIS COULD HAPPEN TO YOU.
PLEASE STOP.
We’ve shown that we’re here to stay and have exposed the truth. So why has nothing been done? Do @themarkymark and @blocktrades own the Hive Blockchain? Is that why no action is being taken?
https://peakd.com/hive-122609/@bilpcoinbpc/themarkymark-and-co-you-seem-to-enjoy-spreading-lies-but-here-s-the-truth-we-have-no-reason-to-lie
https://peakd.com/hive-167922/@bilpcoinbpc/themarkymark-and-co-you-claim-we-re-the-number-one-spammers-on-hive-but-all-we-do-is-share-the-truth-lol
https://peakd.com/hive-133987/@bpcvoter3/isn-t-it-funny-how-themarkymark-and-co-are-suddenly-talking-about-ke-levels-on-hive-well-look-what-we-found-some-of-the-accounts
Thanks for the airdrop! Looks like I'm going to move back to the LP and hodl. 😀
I am very focused on increasing my Hive Power and play in many Hive games but your project is interesting and I will start from today to accumulate more PWRs and add them to the liquidity pool.
Today I increased my delegation in HP and will focus on the pool more than the stake
I only have 8.9 PWR in the pool but I will soon get to at least 100 ;)
Good one! Any doubt, just ask me!
Hello empoderat!
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