{1 Year!} - Monthly PWR Holdings & Emissions Report - Month #12

in #pwr3 months ago

And that's it! Oficially PWR distribution started 1 year old today. A pretty hectic year I should say.

I am very happy with how things have gone overall this year. And I feel that most of my resolutions for the first year of this project are more than fulfilled.

Let's recap!

  • Dividends are Live! With a current approximate APR of 18%.
  • +50K Hive Liquidity into the liquidity pool.
  • APR for delegations reduced to 8% (from 12%).

And the classic chart:

It may seem that in the last 2 months the PWR in circulation has increased too much (it has), but you should keep in mind the following:

  • For the past 2 months, I've done multiple deposits of HIVE from my own funds in order to kickstart dividends and 10K HIVE worth of liquidity for @vventures . In exchange of all of this HIVE I minted new PWR and sent it to myself (I'm basically "loaning the project" for the long-term).3

  • {Disclosing for transparency} - I did one OTC sell of 5K PWR (from myself to @x30), which I inmediately added to @vventures (and printed 5K PWR more).

  • 1 year of dividends are already included on this chart.

Current Status of the Holdings of the Project:

@empo.voter (the delegation & curation account) keeps providing @vventures (the holding account) with a weekly flow of curation rewards.

  • @empo.voter currently holds ~15K HP which is in a permanent power-down (~1000 HIVE/week).

  • @vventures keeps adding and it's at ~35K HP (~28K last month).

Big growth this month with over 7K HP added.

New Year Resolutions

Now that liquidity for the project is solved and inflation is at a more reasonable number I have two main objectives:

  • Increase as much as possible the number of Hive Power under the umbrella of PWR.

  • Do my best to SELL the hipothetical top which will come later in 2025 to convert potentially 25-50% (or even more) of the project funds into HBD.

If this move goes well, I'll probably wait 2026 entirely out of the market and will DCA HIVE again during mid-late 2027.
Again, if this maneuver goes well PWR can potentially be overpegged in terms of HIVE by 2028 (while keeping deleg rewards + divs).

For this year I'll park the "classic" chart and I'll start tracking weekly numbers with this new chart. Which is obviously a much cleaner format.

Enjoy you week!
Feliç diada catalans!

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Been here almost the whole year. One of the few bright spots of Hive ecosystem. Thanks for creating this project and can’t wait to collect some dividends.

Thanks again for the update!

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Gay

Feliç diada!

Gay

Bona diada!

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