How fast the curation snowball on Hive works! The ball is rolling!

14 days of powering up, make a 2.5 % difference in curation

Two weeks ago I posted a report of my Hivestats on here, and back then I was earning around 134 HP of curation rewards per month. Now 14 days later, I checked that again, and I was really surprised what the difference is. In those 14 days I just powered up my curation rewards and posting rewards in HP, the HBD I earned I put in my savings account. And some extra rewards from Hive Engine were added, good for some 8 Hive Power or so. That is all. No Hive was bought to power up, and of course I did not power down too.

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Now, what is the result:

In those 14 days, I earn almost 3 HP per 30 extra of curation. That is just astonishing. That is almost 2.5 % extra curation rewards, just because of keeping on powering up. Nothing less, nothing more. This is so important to understand, how this snowball will keep on rolling. In 14 days from now, my curation rewards will once again be around 2.5 % higher, and the 14 days following that, again, and again, and again. If you extrapolate that to, say 2 years, you get an immensely huge growth in curation rewards, and hence in your account. People need to understand this correctly, this is not linear, this is exponential, about 2.5 % every fortnight, is a growth of 366.4 % over the course of two years. That means that my curation rewards in two years will roughly be 137*366.4%, that equals 899.108 HP in curation rewards monthly, two years from now. I am not sucking this out of my thumb here, I am using real data, from my own account.

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The snowball is real, people, and some don't realise it is lying right in front of down, just give it a gentle push!

Sincerely,

Pele23

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15 comments
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It does grow quickly the longer you keep growing your stake as not only are you receiving the 3% APR constantly but also earning constantly. This is why I say look and monitor your vote value on Hivestats to really see the growth.

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I did not even calculate in that 3 % yet, that will also send it higher!

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Compounding rewards are amazing! Thanks for point it out so clearly and congrats on your growing account and rewards.

Posted Using LeoFinance Beta

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Thanks for sharing your experience. This is something we need to keep in mind :)
!LOL
!hivebits

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Thanks for that! Have some !BEER on me!

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Amazing stats but you won’t be able to keep growing at your curation rewards 2.5% every 14 days because a big part of your growth comes from the curation generated by the extra HP your powering up / being rewarded from your posts. Which will slow down in relative terms to your overall Hive power as you accumulate more and more HP.

Delayed gratification really snowballs. Impressive growth, keep up the good work. Congrats!

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Which one is giving more returns now??

(1) HP- Curation+2.98% APR

or

(2) HBD- 20% APR.

Any tentative idea?

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Good question, I use both, to hedge against Hive price

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I don't really think the APR has really changed too much but I guess the value should go up if your increase is faster than the inflation rate.

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I am not talking about the APR, just about the organic growth of curation by keeping on stacking your returns

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