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RE: I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #503 - Hive, and the Joy of Tokens - GaiaYoga Gardens, Lower Puna, Far East Big Island, Hawai'i - Tuesday, December 12, 2023

in We Are Alive Tribelast year

I'm happy to hear that my posts help you to understand more, @myjob! That's always my intention! I'm always here to help if you need, of course!

SPORT is a fairly low-value token, but it can be delegated to @lolz.sports for daily payments in LOLZ, and if can be added to the SPORTS:SWAP.HIVE diesel/liquidity pool for daily rewards in various tokens. 😁 🙏 💚 ✨ 🤙

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Thank you, once again. I have been staking the SPORT token, I did not know what to do with it but knew staking makes Hive grow.



66,090.146 12,611.686 -2,000 $0.43
(0.20%)
I delegated to @lolz.sports and it came out of the part that I had staked, I did not know this. SPORTS (Issuer: @sportsrewards)

 last year (edited) 

Absolutely, you're very welcome, @myjob! Yep, if a token can be staked it's usually a good idea to do so. When a new token appears in my wallet, before I stake it, I check to see if there is a good diesel/liquidity pool for it. If not, I stake it. Sometimes, like in the case of SPORT, there is at least one curation account to which it can be delegated. Yes, delegations always use the staked portion of any token. You'll get LOLZ for the SPORT that you delegated once per day. 😁 🙏 💚 ✨ 🤙

Thank you, little by little I am understanding tokens.

 last year  

You're always very welcome, @myjob! I'm happy to help! You'll be a token pro in no time! 😁 🙏 💚 ✨ 🤙