Two investments I made: APE and PLN

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(Edited)

Hello everybody, How are you? Yesterday in the post I made and you can check it out here Splinterlands - Season Rewards and Upcoming Strategies, I talked about my strategy for the Splinterlands game, now that the general sale of the new expansion packs is approaching.

At one point, I commented that I had 100 HDB in reserve, collected by the posts I make here on #HIVE, but this amount was much higher, I was, in fact, with 170 HDB stopped and I know how bad this is in a certain way, after all, idle money doesn't generate more money!

So I made the decision to invest 70 HDB and the sale of some tokens that were also stopped, in 2 lines of reasoning that I will explain here for you now.


Ape Mining Club

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I took a look at some #HIVE games and came across Ape Mining Club, a very passive mining simulation game, and made me have a Rollercoin memory.

  • As the game's explanation says:

This game is only a mining simulation, you are not purchasing shares of a mining company and there will be no environmental impact in playing this game

  • The rules and operation can be seen here:

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What made me interested in this game was the time and money spent. In terms of time, you practically do nothing in the game, you just buy the components that are: CPU, CLOUD, GPU, ASIC and QUANTUM and mining takes place daily.

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In terms of money, the APE token is valued compared to other games, worth $0.1175 today, so I found it very interesting to invest in it.

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So, I commented “it practically does nothing”, because you buy these components (each one represents a pool), for a certain amount in APE token, and if you want, just earn in APE daily.

The actions you can perform is the button on the left side “Take Ownership”, which you take the leadership of this pool and with that you earn 10% of all miners sold in this respective pool.

The other action is to perform a “Boost!” where you contribute to boost pool to double daily emission. As it is written, I believe that the boost is for all players that are part of this pool, but it is something that I still have to confirm. A detail is that in these actions the token used is STEM and not APE.


SWAP.HIVE:PLN Pool

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Looking at some pools by BeeSwap, I came across the print above, where it already shows that I made the investment of 16 SWAP.HIVE and the PLN token, so on the right we already have my daily rewards (every 24 hours).

PLN - Pollen Loop Network - Central token of the Aggregated Hybrid DeFi Gaming Agent: Nectar Queen. Add PLN to the liquidity pool to earn a share of Nectar Queen's daily reward distributions.

I was very surprised by the amount of rewards in this pool, so researching a little more I found the token's White Paper (you can check it here Nectar-Queen v1 "White Paper"). Game tokens that I already have investment, APR of 312% and daily bonus of 1%, all these points convinced me to leave these values invested in this pool.

I decided to give a chance, so with the sale of some tokens that were also stopped and a little more of the HDB that was left, I made this investment. The value of the PLN token today is $1.33

The good thing about pools is that these invested tokens are mine and not in stake, so in case of an emergency, I can simply take them out of the pool and they go back to my net balance. Remembering that the stake, if I'm not mistaken, is 7 days (maybe more days) to return to its net value, coming from the pool, the return of value is instantaneous.


Conclusion

First, I'm sorry for not putting prints of how much I spent on the investment, I failed in this part, so what I can say is that it was 70 HDB plus the sale of some tokens that had been sitting in my wallet for months. I'll try to always take a print showing the amounts spent.

As I said, idle money doesn't make more money, so, although I still have a good amount of idle HDB, these are saved for some investment in Splinterlands, but by my calculations, maybe I only need 50 HDB and with that, I can invest the other 50.

That's life, investing, taking risks, trying to be safe in the action and trying, always looking to improve and precede any loss problems, is not an easy task and only with the courage to risk taking greater flights will we really get there!

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3 comments
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APE seems pretty nice. Can't wait to see your next posts on it bro.

!PGM

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Thanks for this post. I had seen PLN (and what those letters stand for) but could never find anything beyond that. I will definitely check out the white paper.

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