Viewing a response to: @empoderat/re-roleerob-s0z7r8
After a few days of participating, an update @empoderat: <center></center> <center></center> As we both know, this peg is not "real" until such time as you or I (or anyone) can actually exchange the PWR we are receiving (for our HP delegation) into HIVE. Until then, this token will have the same "Hotel California" feel to it that most every other Hive Engine token has ... The $$s we see on our screens is just MIM (**M**agic **I**nternet **M**oney) which is not real ... So ... I would encourage you, in future update posts, to focus in on how the highlighted portion of your post above is going. How you personally see it, projections on when you anticipate the next "milestone" to be reached in its "maturing," etc. However you deem it best to report on it, as without it ... Well, I am sure you understand my point. In the meantime, I am doing my small part. Just compounded another bit of PWR / HIVE into the LP ... --- P.S. FWIW, while I am familiar with your account name, I am unfamiliar with engaging with you personally. I am "here" due to the recommendation of someone with whom I have established some trust over time.
author | roleerob |
---|---|
permlink | re-empoderat-s12yl1 |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2023.9.1"} |
created | 2023-09-16 13:24:39 |
last_update | 2023-09-16 13:24:39 |
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cashout_time | 1969-12-31 23:59:59 |
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root_title | "PWR Update: Increasing the HIVE - PWR APR up to 15% (x3) and how to get the most from it." |
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empo.voter | 0 | 5,075,056,524,843 | 34% |
Hey roleerob, hope you are having a good Sunday. > As we both know, this peg is not "real" until such time as you or I (or anyone) can actually exchange the PWR we are receiving (for our HP delegation) into HIVE. Until then, this token will have the same "Hotel California" feel to it that most every other Hive Engine token has ... The $$s we see on our screens is just MIM (Magic Internet Money) which is not real ... While I can fully understand what your point is, I believe that in this particular case, it is far from reality. With PWR you have a liquidity pool with a more than decent amount of Hive in it in which you can exchange your PWR for HIVE at any time with a more than acceptable slippage. This alone makes PWR different from any other Hive engine 'mirage' which tries to attract you with a very high APR but at the moment of truth, you can't never realise this APR. So again let me politely disagree with you: - As long as decent liquidity is there and you can realize your profit in terms of Hive. - You can do it without a big slippage. - And without straying too far from the soft peg of 1 PWR = 1 HIVE (another topic for discussion). Then the $$ we see on our screens are very real. > I would encourage you, in future update posts, to focus in on how the highlighted portion of your post above is going. How you personally see it, projections on when you anticipate the next "milestone" to be reached in its "maturing," etc. However, you deem it best to report on it, as without it ... Well, I am sure you understand my point. And yes this is planned, Although I try to be careful about what information I make public and what I do not. For example, I may have intentions to start with buybacks at some point, but should I do it before the end of the first month or not? Right now I feel that the project is still in an ''experimentation phase'' where I am trying to understand how the different participants are behaving. The answers to the questions you raise are very valuable and will come little by little, as I said myself, I am learning as I go along. > In the meantime, I am doing my small part. Just compounded another bit of PWR / HIVE into the LP Working as intended! Thx > P.S. FWIW, while I am familiar with your account name, I am unfamiliar with engaging with you personally. I am "here" due to the recommendation of someone with whom I have established some trust over time. And it is precisely these kinds of details that make the opinions of users like you so valuable. Thank you for taking the time to leave me your comments and suggestions. As I said before, enjoy your Sunday. Amazing sunny day to be among the family :)
author | empoderat |
---|---|
permlink | re-roleerob-s14s3b |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2023.9.1"} |
created | 2023-09-17 12:59:33 |
last_update | 2023-09-17 12:59:33 |
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cashout_time | 1969-12-31 23:59:59 |
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root_title | "PWR Update: Increasing the HIVE - PWR APR up to 15% (x3) and how to get the most from it." |
beneficiaries | [] |
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roleerob | 0 | 439,570,807,544 | 100% |
🌄 Good morning (here) @empoderat! ☕ Very nice to hear from you. 👍🙂 > *"With PWR you have a liquidity pool with a more than decent amount of Hive in it in which you can exchange your PWR for HIVE at any time ..."* <center></center> <center></center> 🤷♂️ ... > *"Right now I feel that the project is still in an ''experimentation phase'' ..."* Understood. So ... We'll both see together how this plays out over the next little while. For me, it is very simple. Until I see this "buy wall" number far higher than this, I have chosen to (once again ...) invest in another "Hotel California" venture on Hive Engine ... Whether you choose to provide this with your own resources or hope that it develops "on its own merits" over time is your choice. > *"I try to be careful about what information I make public and what I do not."* Wise. "Under promise and over deliver" is far better for the reputation of any of us vs. the much more common opposite ... Even though ... We both understand the vital importance of attracting capital in the first place ... Anyway ... Thank you for investing your time in your response. A little "give and take," if conducted civilly and respectfully (as is the case here), is always welcome and much appreciated ... And all the best to you and yours for a better tomorrow!
author | roleerob |
---|---|
permlink | re-empoderat-s15059 |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2023.9.1"} |
created | 2023-09-17 15:53:33 |
last_update | 2023-09-17 15:53:33 |
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children | 3 |
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cashout_time | 1969-12-31 23:59:59 |
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author_reputation | 121,097,888,355,149 |
root_title | "PWR Update: Increasing the HIVE - PWR APR up to 15% (x3) and how to get the most from it." |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 127,237,178 |
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Good morning from my side again :) I'm not sure, (maybe I'm mistaken), but I get the feeling you're missing an important detail. All HIVE and PWRs in pool are 'available liquidity' and you're not counting on that In case you may not know, let me explain briefly:  1) This is the total depht of the pool. In that case, there's the equivalent of 11800 HIVE (5854 HIVE + 5980 PWR). 2) In Hive Engine we have 2 prices. The price of the pool and the price of the orderbook. if there's no pool then it's irrelevant and only the orderbook price will be considered (which is the default). From the snapshot you posted above, you're only considering the orderbook price (where there's no liquidity as you pointed out, because everything is into the pool). 3) these are the 'orderbook prices' (bid and ask). There's 'a lot' of liquidity to satisfy the need of most of delegators for a while. Taking your particular case for example. You're receiving 2,74 PWR daily from a 5000 HP delegation, which accounts for a 20% APR. If you wait for a full month for the rewards to accumulate, you'll end up with ~82,2 PWR after 30 days. if you go now to the swap option on beeswap you can trade your PWR for SWAP.HIVE (https://beeswap.dcity.io/swap?input=SWAP.HIVE&output=PWR) :  As you can see (with all the numbers remaining equal), you could theoretically trade your full bag of PWR of 82 tokens for approx 79 HIVE after 30 days (with a 1,87% slippage on current prices), which would net at ~18,9% APR. How is that 'not real'? We don't need a 'buy wall' on the regular orderbook for the peg to work as intended. Hope you understand my point, If not, please let me know and I'll try harder :) > Thank you for investing your time in your response. A little "give and take," if conducted civilly and respectfully (as is the case here), is always welcome and much appreciated ... As it should be, thanks to you
author | empoderat |
---|---|
permlink | re-roleerob-s16fzb |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2023.9.1"} |
created | 2023-09-18 10:33:12 |
last_update | 2023-09-18 10:33:12 |
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root_title | "PWR Update: Increasing the HIVE - PWR APR up to 15% (x3) and how to get the most from it." |
beneficiaries | [] |
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roleerob | 0 | 434,326,588,500 | 100% |