@HODLCommunity presents to you the 195th LeoFinance Curation Post
We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.
We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.
Our goal is to support content creators and generate qualitative interactions between LeoFinance users.
We will set a 5% beneficiary for every author selected in this curation report.
So Lions 🐯, let's roll !
Storing Wealth: Physical Coins or Crypto Coins? by @lordtimoty
coin collection had developed to such a point, and prices had appreciated - especially when I had found bargains from overseas - that I actually looked in my collection room, and realised I had a house deposit. For a young fellow - I don't know if I would have had the will power to save a cash deposit up - and I'd recommend this as a good way to get that deposit together while having an awful lot of fun.
And so, I liquidated most of my collection and watched the dollars roll in, and not long after, I purchased my first house. On reflection, you could argue that I should have kept my coins - as their value has only gone up! But, so have the value of houses - recognising that both asset classes are viable ways to store wealth.
Here is a great story of a coin lover and a post that reminds us the importance of having solid assets like gold and silver coins to be prepared for any financial condition in the world. As he mentioned, the ecosystem of coins is another land for those who are enthusiasts of them.
I own some limited silver stuff and I regret not owning more each time I read posts about Silver in Hive platforms. After the collapse of UST, we reminded the importance of having other bags in addition to "internet money" 😌
Splinterlands:: Governance token SPS - Why I continue to Buy & Stake SPS... by @gungunkrishu
I invested into the game during the beta sale and since then continue to invest in the game. Honestly speaking my investment in this game has given me 10x returns and it continues to grow exponentially. I was fortunate to buy Land Tract [Land with 100 plots] at the right time before the prices for the land skyrocketed. Currently, 1 Land Tract on WAX blockchain is being sold for close to $40K+ and whereas I had bought in under $1.5K.
The 10th and final SPS private sale investor distribution was sent out yesterday, which means that going forward there will be 20M less SPS minted per month which is gonna bring the total monthly SPS mint amount down to an extent.
Splinterlands is the best dApp ever made that can initiate millions of transactions per day via Hive blockchain. I'm in love with this game and it is impossible for me to stop talking about it 😶
SPS token, as mentioned in the post, is going to have less sell pressure after the last airdrop to private sale investors. Also, there will be License Node Presale that will require Vouchers and SPS. IMHO, it is time to pile up some more SPS to be ready for bull-run for Splinterlands ✌🏼
Note: More Valuable SPS = More Onboarding = More Hive Purchased and Locked 🤙🏼
The Shift To Quality Will Now Commence by @sapphirecrypto
During any bearish or brutal season, one will always see and experience a shift to quality. Traditionally, when the market drops, there is a move to Bitcoin, stablecoins, and cash. This ultimately causes Bitcoin dominance to rise. Despite the great bounce today, it is simply one day and does not change what has taken place over the last number of days. As mentioned in my previous post, the breakdown to $25K has opened the door to further downside.
It definitely does appear as if we are to go lower, it might only be in the coming days or weeks but I don’t think it can be avoided at this stage. I would really love to be wrong in this instance but it does appear to be rather unlikely. I address this scenario in more detail in my recent article, “My Strategic Approach To The Current Crypto Market”.
The Shift to quality... As we always discuss on LeoFinance Discord and Hive posts, the bear market brings stronger projects and more valuable cryptocurrencies if they are "trusted" as a Store of Value or they are seen as a great source to initiate blockchain operations.
Many people expect to test the 23K price for BTC but the fact that FED is quite active and the war in Ukraine may change all the expectations, we may even see 19K for Bitcoin. I think the hype coins will witness the flow of liquidity to stablecoins and solid projects while they are dying out...
Rules of Jungle 🦁
Last Phase of AFIT listing. Deposit AFIT to Digifinex to cast your vote & get AFITX airdrop! by @katerinaramm
AFIT is about to get listed on Digifinex!
Your help is once more required and this is what needs to be done
(If you have not already) - create an account using this link links.actifit.io/digi (Please note that this is a Referral link and you will also get a 2$ USDT deposited at your account as a gift
Make a deposit of any crypto more than 50 USDT. This can be AFIT or any other token of your wish. NO K-Y-C required.
Every valid deposit counts as one vote - when valid votes exceed 100, then AFIT will be listed!
Everyone who participates will get a share of 1800 AFITX.
It is a call to action for Actifit!
Actifit is about to be listed on an exchange and the upcoming bridge will help Hivers send their AFIT on Hive blockchain to BSC so that they can trade their coins.
Actifit can monopolise Move-to-earn concept when StepN collapses as a consequence of the Pyramid Scheme. Check out @actifit Discord channel to see the interest on the project. We should give a hand to these great guys.
Splinterlands = GameFi , LeoFinance = Social Media , Actifit = Move to Earn ... What's next to dominate? 😎
Terra Is Not Decentralised by @chekohler
f a network is decentralised, why would they issue over a billion dollars worth of tokens as a premine and even with the expansion of the chain and users coming to the network, the Terra foundation still retain 54% of the network, something no one can outcompete in a proof of stake system.
I am not going to go deep into this but Do Kwon has had a shady past, his been in trouble with the SEC for minting his own securities on the mirror protocol. If you're willing to push things to those lengths, what else would you not be willing to do?
Terra buying bitcoin was a total PR stunt, a stunt they are using to buy off people and avoid criticism. A stunt they aim to repeat with purchases of other tokens and adding them to their so-called reserves.
We have experienced a terrible week for crypto ecosystem. The FUD wave of Terra and UST hit the whole market so harsh that some coins could not start to recover yet. Of course there are several reasons behind this shady action. The VC's decided to show their power and manipulate while Do Kwon was not ready for the consequences of his actions.
I feel sorry for those who lost their savings in Anchor protocol. However, the single man actions of Kwon would eventually bring a problem to Terra ecosystem. So it happened earlier than expected...
Unbelievable days for crypto history!
This post is created by @idiosyncratic1 to curate quality content on LeoFinance.
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