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RE: Why can’t I get upvotes on Hive?

in LeoFinance3 years ago

Can I ask you a random off topic question haha?

I see you've invested in CARTEL.

Are you happy and would you recommend?

I kinda feel like I've missed the boat, but I'd like to get some exposure.

Definitely one of the cooler projects here in Hive.

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While CARTEL is an up-and-coming project on the gaming side of things here, I missed the boat there as well.

I invested in CARTEL purely to save on swap fees when using Cartel.Swap as a vehicle to go between SWAP.HIVE and HIVE as well as between SWAP.HBD and HBD. The USP was that CARTEL owners save on fees on a sliding scale based on the amount of CARTEL they own. Anyone who owns 100 CARTEL pays ZERO swap fees. However, 1 CARTEL costs roughly 5 HIVE.

Since I bought my 5 CARTEL the other day, I haven't had a chance to use Cartel.Swap, so I don't know what it's like to use.

I used to think BRO was expensive, until I discovered CARTEL!

Seriously, though, Cartel.Swap is what got me into CARTEL, and it's an interesting use case for a token meant for supporting a mini-ecosystem for Hive gaming. Also, Cartel.Swap can be used to manage swaps for other tokens as a 3rd party provided that the Cartel gets a cut of the TX fees. Think of Tesla making money off carbon credits rather than EVs.

CARTEL has value on its own, and Cartel.Swap adds more value to the token. It's not cheap, but I will buy more CARTEL bit by bit; staking BXT to receive daily HIVE rewards is more up my alley. However, with the recent push to have Hivers buy HBD for placement into savings for a 20% APR, Cartel.Swap is another way capitalizing on this push. It's a genius move by @flauwy and the team behind 1UP.

For me, CARTEL is a long-term play just because it will take me a long time to reach 100 CARTEL. Nevertheless, it will pay off even if I never use Cartel.Swap. Of more immediate concern to me is sweeping CUB off the floor of ATL after ATL as fast as I can and HODL while it recovers to what it was just when 2022 began (never mind its ATH in 2020).

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