This month has been yet another super busy time for me with the VIP Lounge server, trading the DeFi bear market, and starting a second part time job. A couple of our VIPs decided it was time to offload some tokens which took a nice chunk out of the VIP token liquidity on market. Nothing to worry about, this is exactly how the system was designed however- to go forwards AND backwards as needed.
VIP Service keeps on growing slow and steady as per usual. The Hive Power has dropped as some of our delegation leases have expired... Here are the current stats:
- Effective Power- 24,485.58 HP (11,414.92 + 13,372.66 - 302.00)
- Vote Amount (100%)- $0.15
I have been dollar cost averaging into HIVE behind the scenes while the price has been dropping vs BTC. It has been an amazing value and I believe that HIVE will continue to grow over time as we continue to develop out more dApps for our ecosystem.
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