RE: Monthly PWR Holdings & Emissions Report - Month #10 — Hive

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RE: Monthly PWR Holdings & Emissions Report - Month #10

borniet (70)in #pwr • 4 months ago

No need to hurry! ;-)
But how can I use it? ;-)

4 months ago in #pwr by borniet (70)

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empoderat (72) 4 months ago

u mean PWR?

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borniet (70) 4 months ago

Yup

empoderat (72) 4 months ago

I'll explain in a more detailed way through the documentation but... at it's core Hive Power Ventures and the token PWR is a Delegation service.

The best way to get started with PWR is to delegate whatever amount you like to @empo.voter.

After that you'll start to receive daily drips of PWR at a 12% APR rate.

After that you have basically two options.

Sell for Hive and realize the 12% APR profit from the delegation.
Hold and optionally be a LP for even more profit.

You have a Liquidity pool at Beeswap with more than enough liquidity to sell your daily rewards.

For now this is more than enough to get started :)

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borniet (70) 4 months ago

Wow!! Thank you for this great explanation indeed! I’m delegating right away! ;-)
Let the PoWeR grow!

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