RE: My Hive Week Review for 7/13/2024, Making Headway!
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I personally have learned so much about these tokens from your blog. Since I am very new to investing in layer 2 tokens, this info is so helpful. Thank you!
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I'm glad you enjoyed it! There are a lot of great tokens, of course I'm biased since I'm on the DUO team and it's my favorite token followed by PIMP!
Does any such platform exist where you can know about any layer 2 tokens, how and in what proportion they can be beneficial for you? I am still very new to all this but I am excited and open to learning since my target for the next year is not easy I must have to follow a plan.
Not that I know of to be honest. it might be a good idea for someone to put one together. I can tell you the ones that I use:
EDS: hold over 100 for curation, but has tiers, the higher the tier the higher to vote
HIQS: if you hold enough and use the hiqvote call it provides curation but it's variable in vote amount
DUO: Curation after 200, but tiers will be added in soon to reward those who hold higher staked amounts, dividends also paid after 200 with the higher percentage going to those holding the most. And the tip bot after 500.
SIM: hold over 8K I believe to get daily liquid Hive dividends
CLUB: holding one gets you a small daily upvote
PIMP: If you delegate enough HP you can get a daily curation
just to name a few. There are many projects out there, I have my favorites, DUO being my most favorite, but I may be biased since I help create it.
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Wow, You know enough about tokens. Following your suggestion, I have invested in some tokens and will probably invest in Duo soon too. But what about other token projects? Meaning, do you know any way to gather information about them?
There's really no central location, and no one has put together a comprehensive post about them either. It might be a great thing to put together. The way I learned about most of them is watching the accounts of people who always had high vote amounts and researched where they came from, at least when I first started blogging. Now I just keep my eyes open for new projects that make sense.
The best time to get into a project is when it's early before the prices start to really climb. Of course not all projects are equal and I've been burned by at least one here on Hive. Right now I think DUO is probably the best deal pricewise at the moment, but then again I'm biased since I was part of the team that created it!