STILL STAKING MY HIVE TOKEN REWARD INTO AN ILLIQUID FORM.

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Lately most of my posts have been on how I have changed my mind and having the mindset and intention to build my hive account wallet. I have a lot reasons for that, I am not building my hive account wallet with the intention to unstake or power down any time soon. If you take your time to go through my hive wallet transaction recently, it has been on mostly staking my hive token reward. I have the intention to also partake in investing in the community. Staking my hive token rewards every now and then so that I can be able to also have better claimed reward in the future.


WHAT DOES IT MEAN TO STAKE YOUR HIVE TOKEN INTO AN ILLIQUID FORM?

It's not a statement that is that to understand. When your hive token reward has been converted into "Illiquid form" It means staking your hive token rewards that you have access to . Meaning if have you the intention to liquidate the staked hive token you have to through the process of unstaking or powering down. For example to unstake hive token power, it takes 13 weeks for your hive token to drop. Like if you have 130hive power that is Illiquid form, 10Hive is going to be dropping for each week until the 13weeks before you can liquidate your staked hive power. Unlike leo token that normally takes just 4 weeks to retrieve your staked leo token.


STAKING MY 10HIVE TOKEN REWARD TO ILLIQUID FORM.

As part of reaching my goals on investing on increasing the figures on my hive account wallet. I have today staked 10Hive to an Illiquid form. As small as it is, my voting power will improve a bit no matter how little it adds to the Hive Power (HP). I am not setting a target but I will make sure i achieve the goals. One of the ways I can achieve this is by staking some of my hive token reward.

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Thanks for stopping by to view my blog. Please do have a wonderful day ahead.@peterale cares🤭

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3 comments
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Bang, I did it again... I just rehived your post!
Week 103 of my contest just started...you can now check the winners of the previous week!
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Wao, you are doing well. But how do people make hive tokens, I don't seem to get it.

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Hey man, just out of curiosity I checked your account and I can see that you did not claim your free DUAT tokens for the future Ragnarock game, in the near future when the game will be available you'll be able to exchange your duat tokens for ingame nfts, 112 duat tokens for 1 nft. You can go here and claim your 231 duat tokens, which in the end will be worth 2 ingame nfts :)) Also, if you want more, you could buy some now(here https://vue.dlux.io/dex) while the price is still low because when the nfts will be available more and more people will be buying duat to exchange for nfts and so I assume that the price will only go higher...

https://ragnaroknft.info/

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