This is a post by @hoosie, using an alt-account. This is an update on a tribe token experiment I started on the 10th of Nov 23. This experiment is designed to use a number of techniques to see if its possible to grow an account fairly organically, including:
- Delegating tokens to tribe curation accounts,
- Delegating HP to curation accounts that provide drips in the target tribe tokens,
- Via posting experiment updates in the relevant tribe accounts,
- And by using portfolio rebalancing (inspired by the XV token project from @spinvest which uses portfolio rebalancing to take profits).
You can check out the initial post that explains it all here.
Rebalance Update
This is a standard update following a rebalance of the account.
Starting Position
The table above shows the starting position for the week, the new number of tokens (before the rebalance is undertaken and spare HIVE is sold to buy more tokens). The table also shows the new token price, value and percentage weight of the tokens in the basket.
The additional tokens gained came from a combination of:
- Tips made in the comments of the previous weeks update (0.1 ALIVE !),
- Tribe tokens gained from tagging the relevant tribes in the previous weeks post (using the tags; #leofinance, #aliveandthriving, #pimp, #pob, #cent, #neoxian, #inleo, #hive-engine, #tribes, #hive) - this worked particularly well for BEE this week, increasing my BEE holding by just over 40% !,
- And, tokens gained from delegation of the tribe tokens held.
In the future, when there is enough HP on the account, I will also start to delegate HP to accounts that also bring in the targeted tribe tokens.
The table below summarises the planned delegations and accounts to be used:
5 out of the 8 token delegation accounts paid out this week. I'm happy with that as I know node issues have been affecting things, and its usually the case that they will catch-up eventually anyway. Those that didnt seem to payout this week were @cent-curator and @ctp-curator. I dont think @heartbeatonhive paid out either this week - but I could be wrong on that one - but if it didnt, then I'm sure it will catch-up.
New swap.hive to invest
As this experiment is only about the 8 noted tokens, all other income and tokens were sold for swap.hive to be re-invested in the tribe tokens. This came from:
- 50% of the previous week's post payout in HBD was sold for hive,
- All other tokens in hive-engine that are not part of the experiment were sold.
That gave a new basket balance of:
Rebalance Calculation
The 'total value to rebalance' figure from above was then used to calculate the new number of tokens that should be held in the basket, if spread evenly across all 8 tokens - see table below. The column at the right states how many existing tokens need to be sold (if the number is negative) and how many new tokens need to be bought (if the number is positive).
If tokens need to be sold, then it means that token price has done well in the week, and the rebalance acts to effectively take profit from the gain in that token's value in the week, so that it can be used to buy more of one of the other tokens that has had poor price performance in the week (ie, to buy more tokens at a bargain price).
The table above also shows the price change in the week. As can be seen there were some fair differences again, with PIMP going down another 12.5%, and NEOXAG going up 24% (and BEE also having a nice wee gain of 5%). Its when we see nice changes like that the rebalancing should have a good effect. I didnt have a lot of liquid NEOXAG to take full advantage of the pump there. I did manage to sell a small amount in order to take a very minor profit there, although there was a large gap in between the NEOXAG selling and buying prices so it wasnt so effective. However, I stuck to the plan, and booked that profit. I was also able to sell the small amount of BEE noted, and took that profit too. Those profits were then used to buy more of the other tokens needed to make the rebalance.
I didnt have much more to spend on buying this week, as last weeks post payout was low - but hey, thats how this works, and you can only use what you have at your disposal, and I'm ok with that. But, I was able to buy the LEO amount noted and 133 of the CTP noted - so thats all good !
The PIMP figures above may look odd but thats because I bought too much the week before by mistake, and it will take another week or two for that to balance out. I didnt sell the 24 PIMP noted, as it would have compounded the mistake I made last week and made it even worse. So I'll just wait for that to catch-up and even out.
Actual Rebalance
As guided by the table above, the following action was then taken:
- Sold tokens that needed to be sold,
- Bought tokens that needed to be bought.
N.B. Due to the time it takes to un-stake tokens (if needing to be sold), and the difference in buy and sell prices, it may not always be possible to rebalance the basket exactly as planned (and that certainly was the case this week !). Although in general, from week-to-week it should average out, so that it should not be too far out. And as the curation income grows, so too will the liquid amounts available each week, at which point the rebalancing will work better. As such, the following table presents the totals after undertaking the actual rebalance, with the aim of trying to get as close as possible to the planned rebalance numbers.
The main thing is that there were token gains in all 8 target tribe tokens - so I cant really complain about that, even if the gains were small.
From there - all tokens were staked, and delegated to the noted accounts.
That completes the rebalance process for this period.
Summary
The following table presents the summary for this rebalance:
The following table presents the summary from the start of the project:
Looking at the table above, its interesting to see that after 29 days, the value has doubled (nearly exactly !). Now to be fair, most of that is down to post payouts, and particularly from 2 weeks ago, but thats ok, as that is also part of the equation.
I was actually quite interested to see how things would turn out this week as I knew the post payout was going to be relatively small and as such, it wouldnt completely overshadow gains from elsewhere. The post payout only accounted for $0.263 of the gain, where as the increase in value in the week was $1.404, largely due to the pump in NEOXAG. If I'd had enough liquid NEOXAG to fully take profit from that pump during the rebalancing, then it would have been great. However, that should get better each time as the overall basket value increases and the weekly curation accounts payments get bigger.
The table above attempts to summarise how the various methods have worked in the week, and rank them in order from best to worst (top to bottom). Its hard to capture the exact values from each method making a contribution, but it gives a rough idea of how its all working.
So its only the fourth week and the fourth rebalance, and it is pretty clear that its working. I'm certainly finding it very interesting each week when I check in and do a rebalance, as you dont quite know what has really happened until you do the figures. The larger than expected post payout for BEE was a real surprise, along with the nice pump in the price of NEOXAG. Its great to see that you can combine all of these methods, and that they will work together to give even more gains.
Doubling the value within 4 weeks of starting was a surprise (although mostly down to post payouts), and now I'm wondering what will happen in the next 4 weeks !
I'm already looking forward to checking in to do next weeks rebalance !
Details about my alt-account
This is a post by @hoosie, writing on an alt-account that I setup purely by accident when I didnt know what I was doing during my first few weeks on the Hive blockchain ! I thought I was getting an actifit account for my main hive account, and instead bought an entirely new actifit hive account, that I've rarely used ! I have used this account for the experiment because it basically had zero value in it (well about 1-2 HP worth), and importantly very little layer 2 tokens, and hence it acts as a clean slate to properly track progress for this experiment.
Requests to be tagged in the report
If you want to be tagged in the report so that you know when a new one comes out, let me know:
Good research here, it's special having this information made public, so we can also make wise decisions.
!ALIVE
!PGM
!BBH
@hoosieboy! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @ironshield. (3/5)
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ ironshield. (3/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Many thanks - I'm glad its useful !
!ALIVE
!LOLZ
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
lolztoken.com
I like to mooooove it mooooooove it
Credit: reddit
@ironshield, I sent you an $LOLZ on behalf of hoosie
(1/10)
@ironshield! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (2/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
This is going on well.
Nice one dear.
Best wishes and more success on getting positive results.
!ALIVE
Many thanks - its certainly interesting so far !
!ALIVE
!LOLZ
!PIZZA
@jmis101! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
lolztoken.com
No, but April may.
Credit: bitpizza
@jmis101, I sent you an $LOLZ on behalf of hoosie
(1/10)
Amazing.
Keep going.
!ALIVE
@hoosie! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ jmis101. (3/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ jmis101. (4/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Nice work done, great research there keep it up.
!ALIVE
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ oasiskp2. (2/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Many thanks indeed !
!ALIVE
!LOLZ
!PIZZA
@oasiskp2! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (2/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
lolztoken.com
It's pretty handy.
Credit: reddit
@oasiskp2, I sent you an $LOLZ on behalf of hoosie
(2/10)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ
It's very interesting to see how this plays out week to week, and it's super cool that it's working as hoped! Great stuff indeed! 😁 🙏 💚 ✨ 🤙
Many thanks - I'm certainly finding it very interesting - heres looking forward to next week already !
!ALIVE
!LOLZ
!PIZZA
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
@tydynrain! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (3/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Sure thing, @hoosie, you're very welcome! That's great, and me too! This is the sort of experiment that can benefit many! Yes, indeedy!
!BBH
!PIZZA
!BEER
@hoosie! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @tydynrain. (3/5)
A great report and the progress so far is encouraging
Yes - its certainly interesting !
Thanks
!ALIVE
!LOLZ
!PIZZA
@ijelady! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (3/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
lolztoken.com
Fish and ships.
Credit: reddit
@ijelady, I sent you an $LOLZ on behalf of hoosie
(3/10)
ENTER @WIN.HIVE'S DAILY DRAW AND WIN HIVE!
I love experiments and this one breeds great outcomes. Congratulations on beautiful steps forward. More wins👍🏽🤩
Many thanks - it will be great to see how it pans out !
!ALIVE
!LOLZ
!PIZZA
@whitneyalexx! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (4/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
lolztoken.com
But the lady behind the counter keeps putting it back.
Credit: marshmellowman
@whitneyalexx, I sent you an $LOLZ on behalf of hoosie
(4/10)
ENTER @WIN.HIVE'S DAILY DRAW AND WIN HIVE!
lolztoken.com
To get some !HH Tokens!
Thanks for supporting the LOLZ Project.
🚀 Henthusiast Tip Incoming! 🚀
5.0 $HH sent to:
@hoosie and @lolz.haven
@lolz.haven has used 1 of 5 tips today.
It sure will. My pleasure 🤩
Continues to be fascinating 😍
I know these are small numbers, but do you feel a plan like this, where the rules/actions are decided in advance, helps manage the emotional side of the buy/sell/hodl conundrum?
Yes - in terms of the rebalance, its totally the case. If it says sell, I sell, if it says buy, I buy. So the maths is dictating what happens which is pretty cool. It really does take any other factors out of it (like being tempted to try and time the market, etc).
Great job my friend keep up the awesome experiment i am behind on tasks but payments are coming sorry about that @hoosieboy have the best weekend 😎
!ALIVE
!BBH
I will be including this content on the @heartbeatonhive curation collection
Project Moderator - @benthomaswwd
Made in Canva
Many thanks - and no probs, I know it will catch-up !!
!ALIVE
!BBH
@heartbeatonhive! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @hoosie. (1/1)
@heartbeatonhive! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
You are welcome, appreciated
@hoosie
!ALIVE
!HUG
!BBH
Project Moderator - @benthomaswwd
We reward people everyday for their activity on Hive in the
We Are Alive Tribe Community have the best day.
Made in Canva
I sent 1.0 HUG on behalf of @heartbeatonhive.
(2/3)
@hoosie! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @heartbeatonhive. (34/50)
Cheers
!ALIVE
!HUG
!BBH
I sent 1.0 HUG on behalf of @hoosie.
(1/3)
@heartbeatonhive! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (5/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
@heartbeatonhive! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @hoosie. (1/1)
@hoosieboy! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @heartbeatonhive. (3/50)
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ heartbeatonhive. (3/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
$PIZZA slices delivered:
benthomaswwd tipped hoosieboy
hoosie tipped oasiskp2
hoosie tipped jmis101
hoosie tipped whitneyalexx
@hoosie(6/15) tipped @benthomaswwd
hoosie tipped tydynrain
hoosie tipped ijelady
Congratulations @hoosieboy! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 700 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPAwesome work my friend
@hoosieboy
As an extra reward for spotlighting on @heartbeatonhive here are some tips have a blessed and wonderful day
!ALIVE
!CTP
!PGM
!PIZZA
!MEME
!BBH
!DHEDGE
@hoosieboy! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @benthomaswwd. (11/50)
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ benthomaswwd. (11/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
Credit: ieronimus
Earn Crypto for your Memes @ HiveMe.me!
Wow - thats really appreciated - thanks again !!!
!ALIVE
!LOLZ
!PIZZA
!PGM
@benthomaswwd! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (6/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
This post has been selected for upvote from our token accounts by @benthomaswwd! Based on your tags you received upvotes from the following account(s):
- @dhedge.bonus
- @dhedge.leo
- @dhedge.bee
- @dhedge.ctp
- @dhedge.pob
- @dhedge.cent
- @dhedge.neoxag
- @dhedge.waiv
- @dhedge.alive
@benthomaswwd has 7 vote calls left today.
Hold 10 or more DHEDGE to unlock daily dividends. Hold 100 or more DHEDGE to unlock thread votes. Calling in our curation accounts currently has a minimum holding requirement of 100 DHEDGE. The more DHEDGE you hold, the higher upvote you can call in. Buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc.