Hive Exploration, January 7th 2025

I wasn't as active on Hive yesterday, January 7th, as I have been recently. I wrote about Ecency points, and personally used some money in my PayPal to purchase boosts from Ecency. I can't properly onramp money into Hive, so things like that are an important part of me building my stake, beside through posting and curation.

With the delegation from Ecency providing me some more vote weight, I upped my delegation to the @eds-vote account, which will increase how much EDSi token I get paid out from them.

I also went in and set up my hive.vote a bit better:

• To friends and family, I set myself to vote for their posts and follow their curation trails with pretty much as much weight as I can.
• Set myself up to vote, with lower weight, on posts from @freecompliments, who posts routinely and runs the FreeCompliments community where I've been posting, @hive-112281 (the BBH account), and @dubble, who posts content I like.
• Followed the curation trail of a few accounts whose tokens I hold, and whose curation rewards go into those tokens' yields or otherwise support the effort, like @steembasicincome, @eds-vote, @brofund, @lolzbot, and @legionsupport.

The general idea is to use my vote weight to support the curators I'm already supporting through holding tokens or other participation.

I also realized that with the posting keys for my old account, I could set it up to follow this account's posts and curation trail, so I've done that. I'm still hoping that I can find the little book with all the keys, but after so many moves, I'm starting to doubt it.

Yesterday @ecoinstant announced the YIELD token on Hive Engine, done as a project with a few other folk. I put some of the SWAP.HIVE I had available into it, becoming the second person to place an order for the token!

In general Hive economic news, a lot of SWAP tokens are currently trading under value - SWAP.USDT has been 20%+ away from its backing. It's almost certainly temporary liquidity issues to do with the significant increase in speculative trading due to Hive futures markets, but for folk with the capital (not me), it might be a good and rare opportunity to pick up a stablecoin at a discount.

DEC and SPS continue their downward trend, with Hive's price increase causing a sell-off across layer-2 tokens.

Overall it's been an active time for Hive and Hive Engine's markets, in ways that generally point to a consolidation of resources across the chain, potentially setting us up for an influx of new users, which could spark new projects or breathe some new life into current ones.

https://img.inleo.io/DQmPAVD3utmoFonyT9mAcgdB1vGZdPDqqHEy7jXrGm4RCEt/hive-exploration-20250107.webp

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