Investments On Hive Moving Nicely This Month

Hi Everyone,

First week of May and it is time to check on my investments on Hive. I don’t do much trading as I’m a bad trader so I do spend a lot of my time apart from interacting with Hive users, reading, I try to improve my ways of investing within Hive. If you are a follower of mine, you would know I am really into Splinterlands and invested what I could with time and money. The other is CUBs where I am still learning a lot about the DeFi space. I love the fact that Hive is no longer just a blogging platform when it first started but there are so much more to it and the possibilities is endless.

[source - Leofinance & Splinterland page]

Firstly let’s check out Splinterlands. The value of my cards did drop a bit a week ago so I followed it up today and things seemed to have recovered. Last time when I checked my cards, I noticed all the Alpha cards especially the gold ones are hot property so I am pretty glad I still held onto them. I have noticed that the Beta series is slowly getting popular and kind of kicking myself for selling some of the gold cards earlier on as I as accumulating too many. I would suspect that they would be a huge advantage when land is activated but I can’t go back in time and just use what I have so far. I have also noticed that the reward gold cards are pretty popular especially the discontinued ones which you can look out for if you want to update your deck. Remember by using gold cards will get you an extra 10% of DEC if you win each game. Pretty attractive incentive to use them in my opinion.

The other thing exciting this week is the fact that the Splinterlands team is resetting the initial rate of 1 million DEC per day for the reward pool next week which will make the token more stable. This also means whatever DEC we hold at the moment will become more scarce and valuable. Players like myself can also see DEC as a more stable coin and can be confident that the price will not fluctuate that much. Great way to give players extra confidence with the main in game token.

[source - Splinterlands page]

CUBs have been somewhat stable this week. In fact slowly declining in price but I see it more like a stable coin as I do get a nice little sum each day to look forward to when I wake up. Due to the fees, I don’t harvest often but I am happy with how things are going. The LEO team have released the LeoBridge, the highly anticipated part of the project this week. Although with all the fees, it will be expensive but it will be a lot easier to use from my understanding and probably be a little less pricey. With this new addition to the CUB project, I hope it will bring more people to CUBs. The other thing I really hope the team would do to increase users is reach out to other projects for collaborations. I have seen a few around like Apeswap which I wrote about before who have partnered with different projects and have been really successful. The TVL is really important for first time users looking at a project so to attract other projects, this could probably bring new users to CUBs. I’ve got a nice mini bag of CUBs sitting in the Den and I really hope this project can succeed and I trust the team will consider feedbacks from us and make CUBs bigger and better.

[source - Leofinance page]