Exploring Panda and PandaMiner: Insights into Hive learners Exciting New Project

Recently I was searching for some projects on hive to delegate HP as I mostly delegate majority of my HP to others and keep enough to maintain RC and daily interactions on hive.

There's plenty of projects on hive and so many choices but I've already diversified my HP delegation among the best projects like eds, Leo, liotes, hive Pakistan, tokenpimp etc and now I came across a project that is unique in it's own and will also benefit the tokens I've held or delegated my HP like eds.

And that new project I decided to invest on hive is @panda-x by hivelearners community and lazy-Panda.

There's plenty of reasons behind picking up this and I'll share everything you need to know about it ahead in this blog as well as my personal opinion, critics.

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Panda + PandaMiner: The Tokenomics and Distribution

Both of the tokens are launched like a week ago and $Panda is native token that can be earned by delegating HP to @pandex

The price of PandaMiner is pegged with hive at 1 hive when it was launched and from there the price will be decided by the market.

$PANDA token have a fix supply of 960,000 and at the moment 900 panda is being distributed to those who have delegated hp to @pandex.

So, in future $PANDA will be scarce as it have fixed supply that's also pretty low.. I've calculated and found that in a year total of 46,800 panda tokens will be distributed among delegators.

_{created using canva.}

Overall everything you need to know about $PANDA is in this infograph I've created.

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PandaMiner: Everything you need to know

We can only purchase $Pandaminer from the market like hive engine, Dex or hive keychain swaps.

It is pegged with Hive at launch so 1hive = 1 PandaMiner and it had a fair launch like anyone can purchase from the market since it's launched.

It doesn't have any inflation like $Panda as it can be only purchased from market.

Other than that it takes two weeks to unstake pandaminer. Hive is later power up and delegated to @pandex that's being used for curation.

50% curation rewards will be reinvested and 50% of curation rewards to all the PandaMiners staked tokenholders.

_{created using canva.}

Both tokens are live, and I personally have bought pandaminers and staked it

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Increased my HP delegation

As I said earlier, I usually delegate and diversify my HP to support projects on hive and I had delegated 300HP since the first day

And now increased that delegation to 599HP.

Now I'll be looking forward to see how much Panda I make in a week and the liquid hive from curation rewards is cherry on top.

GOOD THING THERE'S A WEBSITE

Panda-x have website where we there's more transparency and stats like how much rewards have been distributed

And we can see panda-x strategic fund that holds hive and other tokens that it supports.

Website: https://panda-x.io/

One of reason why I picked this project is because it supports Eds, bro.. will do purchase it from the market and add in the portfolio. So, the tokens I'm holding are BRO, Eds.. though I'd love to see LEO included in it.

We can also see richlist from the website.. so there's everything available on the website to DYOR.

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Wrapping Up...

In the end I hope this project will rise in the future and I'm quite optimistic since the hive learner community is one of the big one on hive. I see it'll thrive now or later.

Hopefully you found everything you were looking for in this blog and would love to know what's your thoughts and where I should delegate my HP next. feel free to share in the comments.

fin.

Your support is much appreciated. Don't Forget to hit Upvote, Comment and Re-blog.

_{Thanks for reading.Greetings.}

All the content and images are mine except indicated. No copyright infringement intended. 04/09/2024.

Posted Using InLeo Alpha