Image is from Crypto Company CEO media kit
CCD tokens are a part of the Crypto Company CEO. You can stake them for CCpower ,use them to get upvotes (this is done manually)or put some in liquidity pools.
Crypto Company CEO is an upcoming game in the Hive ecosystem. The delegation rewards are pretty sweet. You can earn CCD by delegating HP.
This post is not financial advice. If you decide to follow what I am doing you do so at your own risk.
There's a reason why whenever I state my goals I leave it open ended to make changes. In this case I am changing my goal not because of me wanting a change in strategy but the CCD game changed a bit.
I am not going to get into all the changes but the vote system has been revamped (see official post here ). In my opinion for my strategy it now makes less sense for be to be buying and staking tokens because now all users can use 1000 CCD for the vote service and that was the main reason for me staking the tokens(it was a tiered system before the change).
Instead I am going to focus on increasing my HP delegations, this will earn me more tokens and a bigger discount using the service.
I wonder if this will have an effect on the market. Will more people be unstaking and selling? I have no idea just speculating. For me the price doesn't really matter too much.I don't really sell my tokens right now unless I am playing around with arbitrage and that's super rare and very low volume. I have no reason to sell them as the ROI of the vote service is so high. I think the tokens are under valued. I am earning the tokens I need to use the service through delegations but I do want to increase the amount I am delegating to earn even more.
Right now I am earning around 310 CCD a day delegating HP. Maybe my new goal will be to earn on average 420 CCD a day? I could use the swap.hive I planned to use to buy the CCD power it up and delegate it. Thats probably what I will do . I will likely add more than that but it's a start.
I need more HP but don't we all? lol.
Oh and just to be clear I like the new changes I am simply adjusting what I do to adapt to them. I was going to increase my HP delegations anyway this just motivates me to do it a little faster. If I start way over producing tokens I may stake some more, though I will be giving some to my alt accounts.
Overall, I like the new changes. It incentivizes people to support the CCD system beyond just spending tokens to use the voter.