Hello everyone, sorry for the slight delay on this report.
Skies are blue, pastures green... and markets; RED!
We're in the middle of one of the worst corrections I've ever seen. Not even in bear markets, we have some relief from time to time. Feels like we've been in ''only dumping'' mode for the last ~3 months.
Whatever it is, HIVE is currently testing the upper resistance of hell zone(so far feels like it's holding). It's probably entirely discarted to expect a blow-off altseason by April-March although I would be pretty happy to recover the 0,4$ zone.
For this report I only have one ''special'' thing to report and is that since a few days ago. The APR for HIVE Power delegations to @empo.voter has been increased and is now paying a juicy 12% APR paid daily in PWR tokens.
On the other hand, the project has now most of his Hive PWR in liquid form and getting a really great APR on binance. APR varies wildly with swings in volatility but so far has been a solid ~20% for February.
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 ~3,1K HP with 1 week left fo powerdown for ~1250 HIVE. Once this powerdown ends, income from this source will slow down for a while until delegations stack up again.
@vventures currently holds ~2600 HIVE liquid. The powerdown ended and the project has most of it's assets in liquid form.
The project holds ~75K HIVE in Binance. Those are farming a ~10-30% APR and completely available if needed.
With the APR coming from binance (if holds!) the project is currently more than sustainable with more HIVE income Vs. PWR going out in inflation and rewards. For now we can chill (at least in terms of HIVE).
For now I feel we're going to have a couple of transition months, who knows after. I still expect a massive bullrun for this 2025 and maybe early 2026.
Plan for Hive Power Ventures has always been to capitalize on a high HIVE price, stack dozens of thousands of HBD (hopefully +100K HBD) and chill the next bear market. Let's see how it goes.
You're not voting for my witness yet and love what I do? Don't ask me more:
(100% of witness rewards are reinvested weekly into PWR).