RE: 21.01.2025: "I hate Winter" / 1 HSBI GIVEAWAY

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I saw that my son won and he got his first HSBI upvote, which made him very happy. Soon I'll get to the comment where you probably have answered how was the sponsoring working exactly... !INDEED
Meanwhile I've got an other quite urgent matter. I know powering down takes a lot of time and I'm not planning to do that but Binance is giving 40% interest on Hive today (I saw it by coincidence - maybe it's going on for a longer time already and it might be the reason why all in a sudden we went from 0,30 to 0,50 and stayed more or less there), so I was wondering if we can transfer back to Binance (or wherever actually)Hive which is sitting in our wallet as liquid hive, hence not as HP or HBD...?...
!wine



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I didn't expect you to say that your son getting his first HSBI upvote makes him very happy. 🤔🤯 !DIY

I'm not sure what you mean with your question. 🤔🤯 We can transfer HIVE to any (centralized or decentralized) exchange that supports the HIVE token. 🤓 !LOLZ

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The question was how to transfer Hive out of the Ecency wallet (to Binance)

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I think that the instructions on the centralized exchange that you use would be enough to help you withdraw your HIVE to it (with minimal fee). 🤔🤯😅 !LOLZ !DIY

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Instead of transferring to Binance to
withdraw from Binance? I'll check this. Today it's still 38% !INDEED !LOL

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(Edited)

By sending HIVE to the official Hive account provided by the centralized exchange together with the correct memo, you are effectively withdrawing your HIVE (or HBD if possible) to the exchange. 🤓

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That has been working. Olé!
But unfortunately the % dropped to less than the half !wine !HUG !DIY

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When the APR on the exchange drops to less than 13%, perhaps it's time to move the HIVE back to your Hive account, and either stake it as Hive Power, or convert/swap to HBD and put to HBD Savings. 🤔🤓 !INDEED !WEIRD !DIY

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It's going up and down a bit...
At the moment we're at 33,96% again today. I leave it a bit there. in this short time I've earned 3,5 Hive already...
!wine !DIY !BBH

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That's good! 😀 More HIVE for you to use or invest wherever you want. 😏 !LOLZ !DIY

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Yes, but it really chanes a ot. It was higher again and now it's again at only 16,6%.
Anyway I've got accumulated 4,74 Hive as it looks like !WEIRD !wine !HUG

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Perhaps when the interest is less than 12%, it's time to get back that HIVE from the centralized exchange, and either stake it as Hive Power (and earn from inflation and curation) or convert it to HBD to put to Savings (and earn 15% APR compounded every 30 days). 🤓😏 !HOPE !INDEED !WEIRD !DIY

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As a matter of fact today I saw it again at 38%... !wine !DIY !HUG

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The probable reason for that is because the exchange noticed a lot of users withdrawing their HIVE from the exchange when they decreased the APR. 🤔🤯😅 !WEIRD !INDEED !HUG !DIY

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I would think so as well, but it really keeps on going up and down... It's again at 17,2% now.... !WEIRD !wine !BBH

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As long as its at least 10%, it should be okay especially since you can get back the HIVE anytime from the exchange to your Hive account. 🤔😎🤓 !BEER

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I check every now and than. At the moment it's even 41,12%... !INDEED !LOLZ

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The higher that percentage goes, the more HIVE you would be encouraged to (buy and) hold on the exchange. 🤔😅 !LOLZ !DIY

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Absolutely, but I'm not going to do it though... It can drop very quickly and than I would have been buying in vain.
It's never in vain of coruse. I could power up, but I cannot endlessly buy. I keep on doing DCA, and what I earn with my Hive DCA, I'm getting paid in Hive. This I used to send to Hive for powering up, and nowadays I use it to get this interest. !wine !DIY !PIZZA

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I don't think there would be an APR (on the centralized exchange that you use) that is "too high" which will cause you to "endlessly buy". 🤔🤯😆😅 !LOLZ !DIY

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As a matter of speaking... !wine !DIY

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On the contrary, there would be APRs on nearly all tokens that are too low which will cause you not to buy (obviously). 🤔🤯😆😅 !PIZZA !LUV !DIY

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!HBIT

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On Binance I got the address I'd need to fill out in Hive / Ecency...

But where to fill it out? I only seem to be able to transfer to an Hive account...

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The "deposit address" should be the username of a Hive account corresponding to the centralized exchange that you want to transfer your HIVE to. 🤔🤯 You should try withdrawing a (very) small amount first just to be safe. 🤗🤓 !PIZZA !LUV !DIY

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I've been searchinga round a bit and found how to do it. It's perfectly explained by @shikika in this post: https://ecency.com/hive-141359/@shikika/a-step-by-step-guide
Thank you for that Ria!
!INDEED !wine !STRIDE !HUG

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Good to know that you would soon benefit from the 38% APR (the last time you checked) for holding HIVE tokens on the centralized exchange that you use. 😎😏 !PIZZA !LUV !DIY

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Meanwhile it's a whole bunch less already !LOL but anyway 14% is not that bad...
!wine

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Take note that by efficiently curating here on Hive using your Hive Power, you can earn anywhere from 3% to 13% in additional HP per year. 🤓 That requires that you indeed curate well though, which would take time which you are already heavily struggling with. 🤔🤯😅 !LUV !HUG !DIY

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What does it mean to curate "well"? Could you curate in different ways? !WEIRD !wine !LUV

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Essentially, there are two styles of curating - one is simply trying to maximize the curation rewards, and the other is supporting favorite Hive authors despite the rewards being "more average". 🤔🤓 A curator can balance both styles of curating (such as half for the rewards and half for the support for favorite authors). 🧘‍♂️😏 !LOLZ !DIY

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How do we curate for more curation rewards? !DIY !HOPE !LUV

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Getting higher curation rewards is more of predicting which posts (or sometimes comments) with relatively low curation will get more curators after 24 hours from the time the content was published (but not more than 7 days). 🤯🤓 !LOLZ !DIY

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So if a post gets a higher percentage (or number or value?) of curations after 24h than in the first 24h? The curator (who curates in the first 24h I guess?) gets a bigger share?
Does that mean as well that the writer gets a bigger share if his posts get more curated within the first 24h and less in the 6 following days?
It's startings to get complicated...
!LUV !HOPE !STRIDE

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A curator voting on a post (or comment) within 24 hours from time of publishing will get at 100% of what they would get if they were the only voter on the content (whose vote is above the dust threshold) until payout time. 🤔🤯 If the curator votes on content that is older than 24 hours but younger than 7 days and there are other voters before them, then they would get less than 100% curation rewards compared to voting alone on the post. 🤯😅 !LUV !HUG !DIY

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In numbers would that mean that one who is curating immediately 0,10 USD...
Writer gets 0,05, voter gets 0,025 and 0,025 are divided over all other voters? !STRIDE !HOPE !wine

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That doesn't seem to be so accurate. 🤔🤯 !PIZZA

If someone votes a total of worth $0.10 for a post (or comment) within the first 24 hours of publishing, $0.05 will go straight to the author and at least $0.05 will go to the curator. 🤔 The more curators vote after 24 hours from the publication time but before the payout period after 7 days, the curator will get more than $0.05 assuming the price of HIVE doesn't drop from the time of the vote until payout time. 🤓🤯😅 !LUV !DIY

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That would mean that the curator gets more than the writer? How is that possible? !INDEED !wine !HUG

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No, I don't think it's possible for a single curator to get more than the author (unless the author has beneficiaries for his/her post/comment, which is another story anyway). 🤔🤯🤓 !LOLZ !DIY

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It's too complicated to me... I just continue like I'm doing !wine !LUV !BBH

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I would suggest that you continue to just (automatically) curate your favorite authors (as well as posts you like from random Hive users) to avoid thinking too much about it, as well as have some satisfaction of supporting your favorite Hive users. 🤔🧘‍♂️🤓😏 !LOLZ !DIY

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We can also say that two different ways to curate are manual curation and automatic curation (and a combination of the two). 🤓 !PIZZA !INDEED !DIY

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But that doesn't have anything to do with earning less or more from it, does it? !wine !DIY !BBH

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Manual curation to maximize curation rewards (instead of curating favorite authors regardless of curation reward) requires diligence to determine which posts (or much less often, comments) would get relatively (much) greater votes after 24 hours and before payout time at the end of the 7th day. 🤯 !INDEED !WEIRD

On the other hand, automatic curation in the hands of experienced users with curation trails that are able to maximize curation rewards (up to 13% APR) is better suited for Hive users who don't have or don't want to spend time for curation. 🤓 !HOPE !DIY

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So you mean that following a curation trail is beneficial? And is there a difference with your own automatic curation? !WEIRD !DIY !HUG

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(Edited)

It's more of the right curation trail which would be beneficial to maximize curation rewards, even if that means your Hive account's Voting Power would likely not be used to curate your favorite Hive authors. 🤯

I think that what you mean with "own automatic curation" is being a "fanbase" on #HiveVote where you simply curate your selected (favorite) Hive authors (within a few minutes after any of them publishes a post) regardless of your curation rewards (which aren't low anyway especially if you curate within the first 24 hours of a post). 🤓😅

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Exactly. If you curate automatically a few minutes after posting, wouldn't it be as beneficial as when you subscribe to a curation trail, which basically would do the same? !INDEED !wine !HOPE

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Even if you curate a post (or comment) within the first 24 hours of posting, you would still potentially get more curator rewards if the content gets more votes after the 24-hour period (but before payout time). 🤯🤓 !LOLZ !DIY

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What is actually the sense of these "rules"? !WEIRD !HOPE !DIY

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I can't give a meaningful explanation for that since I'm not involved in making such rules about curation rewards. 🤯🤯🤯😅 !WEIRD !INDEED !HOPE !DIY

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But you could have an opinion about them when you aren't involved in making the rules as well....
!wine !BBH !STRIDE

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(Edited)

I think that curation rewards should be equal, where for every vote within the 7-day voting period, 50% goes straight to the author and 50% to the curator who made the vote. 🤓

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50% divided under the curators you mean !HOPE !DIY !wine

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That's also true, if you sum up all the votes where 50% will go to the author (unless other beneficiaries set or payout declined). 🤯🤓 !INDEED !HOPE !WEIRD !DIY

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