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What are you staking on Hive today? by belemo

View this thread on: hive.blogpeakd.comecency.com
· @belemo ·
$32.26
What are you staking on Hive today?
![image.png](https://files.peakd.com/file/peakd-hive/belemo/23wMq6Az95j8mhbTVFstKGeSRFKoEzKvecSyk33iGtjCu3kZUmH7r1FMv4D4hi1gc2QbD.png)


On numerous occasions, I've talked about my quest for developing multiple streams of passive income. To achieve that, I often look out for solid projects that I can stake assets. 

Technically speaking, staking is my mainstay. Although holding and picking my moments to buy or sell also plays a part, the real driving force for my finance is staking. 

It's a slow burner approach to growing your portfolio that I frequently talk about and encourage people to do. Staking assets might not seem as risky on the surface but that usually depends on the asset that you decide to stake. 

### Second layer staking
There are many second layer assets on Hive-engine with serious value and potential. I strongly believe that within them are gems that will grow into billion dollar projects in the long run. 

##### SPS staking

One obvious choice of asset to stake is SPS token from Splinterlands. Despite being relatively new on the block, the token has turned heads and will be making an even bigger splash in the near future. 

Right now, I'm sitting on a small pile of 2141 SPS tokens staked and I'll keep increasing that number till I get to my 15k target by the end of the year. Other than the staking rewards, the asset will also grant me certain the opportunity ti participate in Splinterlands governance in the near future. 

##### SPT staking
Closely related to SPS, we have the SPT token. In recent times, I've actually been dumping the token hard because of my anxiety. 

The astronomical rise in value of the asset was unprecedented, so I was kind of spooked to selling. 

All that has changed now, and I'll be staking every SPT token I earn from posting on [Splintertalk](splintertalk.io). My realistic target for the end of the year is 50k tokens staked but that all depends on how the community receives my content and how much I interact there. 

##### You should be staking POB
POB token is one interesting token that I've staked without actually knowing why. It is always scarce in the market but somehow, it's also always dumping. 

The token has been embroiled in a series of scandals concerning distribution and stuff but that notwithstanding, it still has the backing of the community. 

I believe the community is the most valuable asset we have on Hive community. All it takes is one big push and I think POB will come good. 

Anyway, now that the token value is still quite low, I've been staking as much as I can. I've sold as well, but that's all part of the game. 

Right now, I'm sitting on a pile of about 755 POB tokens staked, which surprisingly puts me on the third page of the rich list. I think I could break into the first page of the rich list if I make a sizable investment in the asset now that the value is low. 


##### I'm always staking Leo
This obviously goes without saying, there's no week that passes where I don't stake some Leo tokens. I've not put any benchmark on my weekly staking but I generally have more leo than I did the week before. 

Just like POB, Leo is currently dirt cheap, so this is the best time to accumulate and stake. Unlike POB though, there's Leo in the market.

If you're having troubles buying from the Hive-based dexes, then you could just get it either Wleo or Bleo from Ethereum or Binance chain respectively. There's less stress in buying from there and after that, you can just unwrap it, and send it to your Leo accounton Hive. 


##### I stake CTP because...Why not?
In virtually all my posts, I add "ctp" as one of my tags because it's an opportunity to earn tokens. There's quite the market for the tokens and since I earn a little bit from posting there, I just accumulate it. 

Most Leofinance worthy posts also fall into the [CTP](https://www.ctptalk.com/) and you can also reach out to @jongolson if you'd like to learn more about the platform. Right now, I have a small pile of 2158 CTP tokens staked that I earned from post rewards. 


![image.png](https://files.peakd.com/file/peakd-hive/belemo/Enyn31qwLvpuFLD38rRtgSC99zUvGZ3hxqTubwRmMG4yDTg3YT2y2kMePitYgzJaTf9.png)

Right now, my current stake puts me side by side with @theycallmedan, so it's safe to say I'm doing something right with my life. 

##### Are there others?
Yeah there are other assets that are worth looking at. It's your decision if you'd like to stake them or not though. FOr most of the remaining assets, I stake them because they're tags that people use and so, it gives me an extra source of income from upvoting content. 


- Neoxian: I stake NEOXAG regularly because, well, everyone uses the tag. 
- Palnet: The same reason with Neoxag. Almost every post has Palnet attached to it. 
- Archon: No clue what it's about but I add the tag and so do many others. I stake some and dump some. 
- Cent: Only started using the tag recently. No cluse what it's about but I stake it and earn curation rewards because many others use it. 
- Sports token: I staked sports and sent it to my @asenal4life account. I use it to curate sports-related stuff. 


### To trim or not to trim
This is a complete list of everything I stake on Hive network right now. I've contemplated cutting down on the number because it is tedious to manage. However, since most of them are only worth a couple of dollars, I just employed a casual approach. 

I just curate, dump or restake anything that comes out in most cases other than Leo, SPS, SPT, POB, Sports and CTP. I take those assets a bit more serious than the rest and manage them properly because I suspect one of them might turn into something bigger than they currently are. 

It's my perspective of course, and it is based on the fact that these assets are from platforms that are actively building or have community backing. Time will tell if my gamble will pay off. 

<be>

### Contact & Support

- Discord: belemo#9593
- Twitter: https://twitter.com/belemo__
- Telegram: uncleskipper
- Email: belemok@yahoo.com
-  [Hive.vote page](https://hive.vote/dash.php?fan=belemo&i=2)  
- ETH and BSC wallet: **0xC75E34E3ee9a343041B3322E1bD97b4940Ed721d**
- Bitcoin Address: **bc1q635vre2jj9zhde9cyvflyz4h9c0p57gg3s3yre**

<img src="https://cdn.steemitimages.com/DQmQ3NZCn3sLzGB7sa27sDL3yJzmKMxJjywJ5Q2vAGVNW3e/belemo.gif"/>
</a>  


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vote details (396)
@behiver ·
To tell you the truth I am staking everything on HIVE blockchain and its secondary layer tokens. HIVE I am powering up, HBD I am putting to savings for 10% APY and the others I am staking and curating or delegating. I think is still too early for thinking to exit any of the positions as these projects have quite a little bit of space to grow.

<center>![curation_banner.bmp](https://images.hive.blog/DQmRH2MTdcr4vJpY6ZnHqZK8BpQV6zq7CoE9JJZZfJA8RpJ/curation_banner.bmp)</center>

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@flauwy ·
I have been staking my tokens for the longest time. By the end of the year I will sell a good chunk of it all.

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@jerrythefarmer ·
>Right now, I'm sitting on a pile of about 755 POB tokens staked, which surprisingly puts me on the third page of the rich list.

Damn... I only have 100 and I thought that was very little. I was genuinely thinking a few people will be sitting on thousands of tokens by now. Guess the road to the top of the rich list won't be as long as I expected.

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vote details (1)
@belemo ·
$0.02
Throw like $1k at it and you'll be rising up the ranks faster than an erection in a porn convention. 
👍  ,
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vote details (2)
@khaleesii ·
This is very insightful and easy to comprehend as someone relatively new to certain terms. Which would you advise newbies to start on?
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@belemo ·
$0.02
Well, just put the tags in your post and stake everything you earn from the upvotes. 
👍  ,
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@khaleesii ·
Okay, thank you.
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@mistakili ·
Same with you. Plus building CTP and POB position from ground up
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@mj008 ·
Is staking adding it as tag?
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@ostricone ·
thanks. i look it
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@polaleye50 ·
Staking POB and Leo is my target



---

<center><sub>Posted via [proofofbrain.io](https://www.proofofbrain.io/@polaleye50/qzjkqt)</sub></center>
👍  ,
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vote details (2)
@poshtoken · (edited)
https://twitter.com/belemo__/status/1438440295654375431
https://twitter.com/taskmaster4450/status/1438483064116682757
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
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@shinyobjects ·
Thanks for sharing your staking strategy. It seems like almost every time I go to hive-engine I see a longer list of tokens in my wallet than the day before. I've been waiting until tokens get above 1 before staking. I don't know what many of these tokens are, so I click on the info link to learn more. It's an exciting time to be here on HIVE and staking adds another layer of growth. 
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@taskmaster4450le ·
You keep this up and you might end up with **life changing money** at some point.

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@williamtboy ·
I Staked the small coins i have, like leo,pob, SPS, Sports token and other ones I don't know their name because I'm new in this community.is good to stake because it will add additional money to your wallet.

Thanks for the information

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