Hive reward manager: HBD savings update

in #hive-reward-manager2 years ago

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Hey folks,

If you've been following me for a while you probably know that I automate a lot of my rewards and liquid funds. I hate it when liquid funds have to be managed by hands because it's inefficient (if you have 200 hbd sitting around for a week because you were busy and couldn't put it in savings that's 0.25% of interest lost).

So early on back in the steem days I made a tool to automatically claim rewards, and over time it evolved to do a bunch of different things:

  • Redeem rewards
  • Power up HIVE
  • Power down hive
  • Send HIVE to savings
  • Send HIVE/HBD to any account (including memo)
  • Sell HBD on the internal market
  • Convert HBD

Note that all of these actions can be chained (to an extent), so at a point when I was automatically powering up my HBD rewards from the DHF, I would do convert HBD to hive -> power up hive.

And now it can put HBD in savings ! With the recent rise of the interest rate (up to 12% now). And with the crypto market being a biiiiit too volatile for my linking considering I'm trying to close on buying real estate (I can't come to the bank and be like "oh yes I can put a 50k down payment" and then a week later "actually make it 25 crypto dropped").

I figured it was a good time to put some of my HBD in savings. So I made an update to the tool to support that operation.

If you have computer science knowledge and a server lying around, the project is open source: https://github.com/drov0/hive-reward-manager.

there's a new liquid_hbd_action configuration that you can use. Here's my config for instance:

"howo" : {
            "wif":"", 
            "max_ratio" : 130,
            "convert_hbd" : false,
            "sell_hbd": false,
            "liquid_action" : "", // power up the liquid hive
            "liquid_to_account" : "howo", // to the account howo
            "liquid_hbd_action_min" : 0, // minimum value before executing the liquid hbd action
            "reset_power_down" : false, // Do not reset the power down every week, if you don't power down and actively earn rewards, no need to set this to true
            "liquid_hbd_action" : "put_in_savings", // transfer the liquid hbd to savings
            "liquid_hbd_to_account" : "user.dunamu", // who to transfer the savings to 
        },

Happy Sunday and happy savings everyone.

@howo

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12% Interest is pretty solid when it comes to the crazy things happening in the world right now. I'm almost curious if we will for the first time see negative interest rates. Crypto is the future as much as they want to try and battle against it and hive really is starting the lead the way in this.

Now front ends need to integrate it :D Good job :P

It would be quite hard as it's more something that runs on itself over time like hivevotes :p

but it would need active key right? :D

Another thing could be auto-transfer from posts into savings. Like the 50/50 and 100% rewards. Some checkmark and all HBD go into savings.

Btw what do you think about HBD for curation at some point in the future? To increase HBD printing and reduce Hive printing. I mean that would be not that bad and reduce need of power down for some :)

Nice, but how come you don't have any HBD in your savings account ? :)

I have multiple accounts :) I don't want to publicly tie all the HIVE/HBD I own to my name

downvote = reward disagreement

I appreciate the work you're doing tho. Keep it up.

Appreciate the explanation, thanks for making proof of brain work :)

I need an update that will give me full control of @trumpman's account.

Thank you for adding the ability to send HBD to savings. Also, thank you for this post reminding me you have the Manager available, I forgot about it. With some upcoming projects of mine possibly taking my time away from Hive, I may need it to keep up while I’m busy elsewhere.

I know about hive.vote. maybe he could help you with some problems...