empo.voter? what is it good for?

in LeoFinance2 months ago

Hey, a qq. I noticed that many distinguished member of this exquisite ecosystem delegate their $HP to @empo.voter . Why?

What is this service/initiative good for?

I believe that this initiative is originated by @empoderat . Can you, please, enlighten me on the basics of it, mechanics, finances, goals, ...? Thank you very much.

And, do I assume correctly that this is the same thing?

Hive Power Ventures | $PWR market | $PWR richlist

Disclaimer

I am in no way affiliated to this initiative. Simply curious.


better and better
:ervin :lemark


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Click to delegate: 10 - 20 - 50 - 100 HP

Hole Ervin, how are you? Hope all is well.

I will try to summarize everything in a few words.

Hive Power Ventures is a project that started ~2 years ago and whose initial goal was the largest possible accumulation of Hive Power and in its early days the PWR token behaved as a soft-pegged token at the price of HIVE.

That goal has been changing over time and today it is a growth token with a large exposure to ETH among other things.

You can track the project's portfolio at this link.

Some economics:

  • No founder, presale, or initial airdrop. Initial token supply was 5K tokens into a LP.
  • The only way to mint new PWR is through a Hive Power delegation to @empo.voter which currently pays a 15% APR (this apr is variable but i made a promise to keep it until early 2026 at least).
  • From very recently it started paying HIVE dividends apart from a very decent apr to LP's.
  • Since ETH has been outperforming lately HIVE, PWR also outperformed. Idea is to make earnings flow over time to holders through dividends and/or buybacks.
  • Long term goal is to be a big HIVE ecosystem player and buy huge amounts of HIVE/HBD.

Any questions, just feel free to ask :)

Hey, thanks for your answer, concise and to the point !INDEED

In the meantime I went ahead and delegated a bit to @empo.voter !LOLZ

Good luck and all the best for the long term goal!

!BEER

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@empoderat, I sent you an $LOLZ on behalf of ervin-lemark

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PLAY & EARN $DOOM

Just saw :)

Welcome aboard!


Hey @empoderat, here is a little bit of BEER from @ervin-lemark for you. Enjoy it!

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