Is it weird that I have the theme song from Two and a Half Men playing in my head right now? (Men, men, men, men...) I would say we should digress, but this is actually going to be a very manly chat indeed. So comb your beards, sharpen your axes and step into the Man Cave!
It all started with one lone token out in the deep woods, braving the elements and making ends meet LIKE A MAN! No fancy bells or whistles... just hard work and pride (and callouses).
(IMAGE C/O JASON ABDILLA ON UNSPLASH.)
Okay, I'm kidding around with that little narrative... but I'm sure you've realized by this point that I'm talking about THE MAN CAVE community here on Hive and its cornerstone income token:
BRO.
Yeah, dude! Isn't that the perfect name for the MAN CAVE token?
The short story is: #BRO is both a HIVE dividend token and a collateralized investment vehicle. That's the way I would describe it anyway... its value is based on the total assets of the fund, both on and off chain.
(When I say "off chain", I'm not only talking about other blockchains and traditional investments... but also occasional things like BUYING A PIECE OF A RACE HORSE. (No joke... although it is a very small piece of the overall portfolio. 🙄)
(THESE ARE CREATED USING MY OWN LIKENESS AND BITMOJI.)
The long story is... definitely worth a deep dive into the @brofund account's history. I don't have the time or the cojones to properly encapsulate everything here in this one post. Suffice it to say...
The BRO Story Has Evolved A Lot!
I actually went back through the archives to find some sort of concise tale-of-the-tape story to tell... but there really have been so many twists and turns-- so much evolution-- in the long path to where we are now (which is what matters).
A few interesting highlights jumped out at me though: I didn't even realize that there was once a "silver" sister token called BROAG that was absorbed into the BRO economy with overwhelming community consensus; but I do remember having to undelegate my #Hive Engine tokens and increase my HP delegation when they CHANGED COURSE, and then the quick shift a few months later (in June of this year) to strictly HIVE DIVIDENDS.
Then you can go ahead and add to all that an active Hive community, a bustling DISCORD CHANNEL and liquidity pool action to the list of #awesome sauce developments...
And You're Up to Speed, BRO!
It was actually the new BRO:NEOXAG liquidity pool over on #BeeSwap (shown above) that prompted me to write this... I had been into the pools for a little while, and I noticed early on that BRO was not included. Not everything is, to be fair... but I was always ready to capitalize on other ways to put my BRO tokens to work!
One of @brofund's most recent posts also talks (HERE) about this liquidity adventure, and hints at more possible news on that front. The main reason for holding BRO tokens is obviously the HIVE rewards they earn... so when they say "@bala41288 is also researching whether you can still receive your weekly rewards when delegated to the pool", I think a lot of BRO holders will be listening carefully.
I personally took it into account for a moment-- thinking that my BRO within the pool would definitely lose its rewards-- but the SWAP.HIVE liquidity rewards are effectively replacing them... at a better rate of return, I'm pretty sure!
I've been buying a bit more BRO than usual to compensate anyway.
(But I won't argue if we get both. 😏)
"I must admit," the post continues, "if bala comes back to me and tells me that he can fix it so people can add BRO to pools and their rewards wont be affected then I will also be creating a BRO:Cine pool in the future."
So we might be seeing another pool pop up in the near future... and I'll have a small bag of #CINE tokens waiting! I get the impression that this won't be the last LP pairing we see for BRO either, if everything pans out.
I'm loving it!
One Small Step for Man...
One giant leap for BRO-kind.
(MY OWN CREATION USING BITMOJI AND CANVA.)
And, in all seriousness, this is quite a step forward for the token and for the whole Man Cave project. There has been a tangible shift in the team's approach as of late: a new community hub, startup funding and mentoring... and more! Do your own deep dive to get the whole scoop. You can thank me later.
Start with the newest issue of the BRO NEWSPAPER (Issue #35)... it's always packed full of information about the Man Cave community and investments. So that's a good way to keep yourself up to date.
This BRO Is Headed to Work...
I was trying to post this yesterday, but kept getting pulled away and distracted. Now I'm about to get ready for work... but I didn't want to get up until this post was DONE! I love these loose and fun communities that I'm finding and it's been a plan of mine to TALK ABOUT IT. (So there.)
While I'm flapping my gums: is it just me, or would @forkyishere and the PUBS COMMUNITY get along famously in some way with the Man Cave? It seems like an organic match that should be exploited.
Just thinking out loud, I suppose. 😏