Hello Readers,
I hope all of you are doing well in life and enjoying a happy day with your family and friends. If you are reading this post then you are already a user of Hive and hopefully growing on this platform for your valuable efforts. It’s been 5 days since I posted my last financial post, but due to some re-adjustment in my writing plan, I have decided to shift my weekly growth tracking post to Thursday. Anyway, in these last 5 days, many things have happened and I am excited to share all these little updates of my adventure on the Hive blockchain. So, if you are also working on your growth in this blockchain, hopefully, this post might give you some motivation and tips for your journey. So if you are interested, let’s jump right in without any further ado.
I personally believe and follow the progress tracking theory, not just in Hive but in real life as well, because it helps you stay on track and gives you a real insight into where you are standing right now and what needs to be done to make it better. After following this practice on my Hive journey, I have become more disciplined and hardly miss posting, so slowly I am implementing the same practice in my real life as well. Now talking about Hive, tracking your progress becomes more essential, especially when the value of Hive fluctuates being a crypto coin. So on Hive or let's just say crypto overall, every small step matters and helps you protect and grow your wealth better. Now, keeping a record of my financial growth helps me stay motivated and stay focused on my goals and make informed and mature financial decisions. So, no matter if you are just starting your journey on Hive or have been here for a while, I do believe that keeping an eye on your financial stats and activities is a great way to stay engaged and build a solid financial future overtime here.
Hive is Different
Analyzing my long journey in this vast crypto space and after exploring various blockchain projects, I can confidently say that Hive is really different and stands out. While most of the other blockchains or platforms only focus only on launching projects or tokens to make some quick gains by abusing their user base, Hive is actually doing the exact opposite and empowering people like us globally. Hive is a practical decentralized ecosystem that has been running successfully for years after it was forked out of steemit. Thanks to the developers and witnesses, Hive is growing and expanding at a rapid speed and combining social media, gaming and decentralized finance (DeFi) under a single giant roof. It is becoming more of a digital world where you can engage with other like-minded people, create content, make money and use that money to grow further on this platform.
Since December last year, Hive has experienced a bullish trend along with BTC and other major tokens and experienced a recent all-time High at $0.65 before dropping back to $0.30 per unit, around where it is being traded right now. But despite the crypto market’s well-known sharp fluctuations, Hive’s strong and loyal community, decentralized funding to run projects on Hive and fee-less transactions make it a great place to build new Web3 projects, just like the Moonkarts, which is a hot play2earn racing game project rising on Hive.
Hive Power (HP) Progress
For those who don't know, Hive Power (HP) is the staked form of liquid Hive tokens and staking Hive unlocks curation earning opportunities for users, allowing them to earn curation rewards by simply voting for other user’s content published on the Hive chain. Staking more HP increases voting power and the USD value of your votes depending on Hive’s current value. Not only that, but HP also helps users to vote and support their favorite witnesses or to vote for or against DHF proposals that ultimately help to shape Hive’s future.
My HP progress
When I last tracked my HP balance 5 days ago, my Hive Power stood at 15,039.851 HP. I made some adjustments during the bull run by unstaking and selling some HP for HBD. But I have stopped powering down any more HP and now fully focusing on increasing my HP. Today when I checked, I was glad to find that right now I am holding a total of 15,163.405 HP in my wallet. So, that is an increase of 123.554 HP in just the last 5 days.
Hive Backed Dollars (HBD)
HBD is Hive blockchain’s own stablecoin, whose value is logarithmically pegged to the US dollar. Apart from being an on-chain tool to protect your value, HBD also offers a lucrative flat 15% annual interest rate on savings, making it a low-risk investment. As I started before, I am happily using my HBD savings wallet as my personal digital savings account, where I store all my earnings and let them grow and withdraw when in need, without touching my other crypto coins.
My HBD Savings Progress
Around 5 days ago when I last checked, my HBD balance was sitting at 8,695.019 HBD. I was able to increase my HBD stake rapidly during the recent Hive pump, where I sold all my liquid Hive tokens for HBD and transferred them all to my savings. Currently, my total HBD balance stands at 8,784.502 HBD, which is a solid increase of 89.5 HND in the last 5 days. Also, in the last month, I earned 64.807 HBD in interest from my HBD savings and with my current HBD balance, I expect to earn around 109.80 HBD per month at a 15% APR, which would be life-saving for me during the bear season. My long-term goal with HBD is to reach 10,000 HBD, so let’s see how much time it takes for me to reach there.
Leo Power (LP)
Leo Power (LP) comes from staking $LEO, which is the native token of Inleo. Inleo is a Web3 social media platform built on the Hive blockchain where we can interact via both short-term threads and long-term blogs. Staking LP increases your Leo vote weight and influence within the Inleo community and earns Leo token rewards for content creation and curation.
My LP Progress
At the start of 2025, I had a total of 12,165 Leo Power staked in my wallet. Since the latest Leo Power-Up Day (LPUD), I earned an additional 154.2 LP since January 15 from my author and curation rewards and as usual, I am planning to stake all my Leo token earnings during the next LPUD event on February 15th. My ultimate goal remains the same, to reach 15,000 LP and unlock the Lion status badge.
Final Thoughts
Last but not least, as I said above, tracking my financial progress has played a pivotal role in my growth on Hive. On Hive, if you are thinking of earning handsomely overnight, then you have come To the wrong place. But if you are willing to stay creative, engaging and with a growth mentality, then you will start seeing steady growth after a certain point. It is a long race and those who stay on track and keep running will see success on this platform without a doubt.
I hope you liked reading my post about my financial growth on Hive and how I am planning to move forward. Let me know your thoughts regarding this topic in the comment section below and I will be seeing you all in my next post.
Posted Using INLEO
very nice progress and an impressive $HBD bag! I plan to increase HBD savings agressively over the next couple of months but I am also in the progress of powering down right now. I am not selling HIVE but I transfer some of it to my Binance account to take advantage of the flexible earnings I get there. I hope that we see HiVE above 60 cents soon again and then I will sell a bit of my exchange holdings. I need to get into long form posts again though. !hiqvote
Yes as I heard, Binance is giving attractive returns on Hive, but I was more focused on HBD savings cause of the upcoming bear market. But I would be happier to see Hive going 60 cents or even above 1$. !BBH
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Wow, didn't know there's a power up in Leo tomorrow! Thanks for the info my friend! Your financial posts inspire me to keep growing!
Yes friend, on 15th of every month happens LPUD where we stale Leo tokens, so I am preparing my stake. Thanks for reading my post and glad that you liked it. !BBH !pimp