Tribe Token Experiment - Using rebalancing, curation delegation and tribe tagging - week 0
This is a post by @hoosie, using an alt-account. This last week I have dreamed up a tribe token experiment, that will use 3 main techniques to see if its possible to grow an account fairly organically:
- Delegating tokens to tribe curation accounts,
- Via posting experiment updates in the relevant tribe accounts,
- And by using portfolio rebalancing (inspired by the XV token project from @spinvest which uses portfolio rebalancing to take profits).
I was getting intrigued by all 3 of these techniques from a mathematical perspective and I've tried to mash them together to see if there is a sort of compounding-on-compounding-on-compounding effect that might arise, if the 3 can all work together ! The more I thought about it, the more obsessed I got with trying it - so here goes !
So how will this work ?
To start:
- I have sent 8 HIVE to this account (@hoosieboy) from my main account (@hoosie),
- I have selected 8 tribe tokens that have an account that I can delegate to for curation, and that I can tag within each update post, which should fit this type of experiment. They are: LEO, ALIVE, PIMP, BEE, POB, CENT, CTP, NEOXAG,
- I have bought 1 HIVE worth of each token at todays prices (or as close to) - see picture above,
- I have staked and then delegated those tokens to the relevant curation accounts (@leo-curator, @heartbeatonhive, @pimp-curator, @bee-curator, @pob-curator, @cent-curator, @ctp-curator and @neoxag-curator).
Then the idea is that the account will grow via the following mechanisms:
- Via the curation payouts from the curation accounts for those 8 tribe tokens,
- Via post payouts about the experiment including progress update posts on how its going,
- Via the rebalancing technique, which at each rebalance, will entail selling some of the well performing tokens in the period, to buy some of the poor performing tokens in the period - in other words, to take some profits, and use them to buy some more tokens at a cheaper price.
The table above summaries the starting position.
The next step is:
- Push out this post and let it run its course, and get a payout from it,
- Sometime after the post payout, check in on the account and do a rebalance.
The rebalance will consist of:
- Selling all tokens and HBD from the post into SWAP.HIVE in Hive-engine,
- Assessing the new total value of the portfolio (8 tribe tokens + swap.hive),
- Use that valuation to assess what a rebalance would look like (so each token will have a weighting of 12.5% of the total portfolio),
- Buy and sell the tokens as needed to bring the basket of 8 tokens to those equal totals (which also means using up all of the swap.hive),
- Then stake all tokens again, and delegate all tokens again - which completes the rebalancing,
- I'll also delegate the HP gained from any post payouts to relevant curation accounts (ideally aligned with the tribes again, equally, if possible),
- Then push out an update post to show progress - which completes the cycle. From there its a case of just repeating and seeing how it goes !
Some rules I've set:
- This account will only be used for the rebalancing project - that is, I wont make any other posts with it or do any manual curation with it - although, curation will happen via the delegations to the curation accounts,
- Post payouts will be set to 50% HP/50% HBD. The HBD will be sold and put back into the tribe tokens via the rebalancing method described above,
- The HP from post payouts will be delegated to curation accounts, ideally aligned to the tribes again (I need to research this in time for the first rebalance and find appropriate HP curation accounts),
- I wont upvote or reblog any of these posts from my main account,
- I will not hold any other tokens - anything else in the account will get sold at each rebalancing and invested back into the tribe tokens,
- I've not yet set upon the frequency of rebalancing. It will need to be a minimum of 7 days apart, so that the previous post has paid out, and probably a maximum of 1 month apart. I'll pick and choose inbetween that period from 1 week to 1 month. At first I'll probably do it more often (due to excitement about the experiment) and then settle into something more like every couple of weeks.
Tribe Benefits
I am a little wary of spamming the tribe front ends, and hence I dont intend to post every week. Although the posts really wont be any different from anyone else posting about a strategy they are using to generate growth from crypto. Also, if any of the tribes complain about the approach, then I will stop posting in that tribe. But hopefully that wont be the case as its a genuine experiment to assess some financial growth techniques with any growth all being delegated into curation accounts that should benefit those tribes, via the tribe token delegations, and the community in general, via the HP delegation, which again I will try to align towards the 8 selected tribes.
Summary
I'm quite interested in this from a mathematical perspective - and have set up a spreadsheet to try and analyse the results. I think its fun, and its only costing 8 HIVE to setup, and then it also gives some use to this alt-account that I set up purely by accident (see not below). I think it will be interesting to see how it pans out and whether it grows or not. In any case, lets see what happens !
Details about my alt-account
This is a post by @hoosie, writing on an alt-account that I setup purely by accident when I didnt know what I was doing on my first few weeks on the Hive blockchain ! I thought I was getting an actifit account for my main hive account, and instead bought an entirely new actifit account, that I've rarely used ! I have used this account for the experiment because it basically had zero value in it (well about 1-2 HP worth), and importantly very little layer 2 tokens, and hence it acts as a clean slate to properly track progress for this experiment.
Great experiment. Thank you too for the delegation. Wishing you all the best.
!ALIVE
!BBH
Thank you for the mention. The @heartbeatonhive team really appreciates it.
We reward people everyday for their activity on Hive in the We Are Alive Tribe Community. Have the best day.
Engagement Ambassador - @Alovely088
@hoosieboy! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @heartbeatonhive. (20/20)
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ heartbeatonhive. (20/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Many thanks - it will be interesting to see how it pans out !
Very interesting experiment here @hoosieboy, I hope it pans out well, keep us updated and stay awesome.
Made in Canva
!ALIVE
!LOLZ
- @flaxz - Admin/Moderator
This post is AWESOME!
It will therefore be highlighted in our daily Curated Collections posting for today.
The goal of this project is to "highlight Awesome Content, and growing the Hive ecosystem by rewarding it".
Source
lolztoken.com
Ten- tickles
Credit: reddit
@hoosieboy, I sent you an $LOLZ on behalf of thisisawesome
(3/10)
ENTER @WIN.HIVE'S DAILY DRAW AND WIN HIVE!
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ thisisawesome. (22/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Many thanks - I'm quite excited to see how it goes. Will probably be quite slow at first !
These things are always slow to start.
Made in Canva
- @flaxz - Admin/Moderator
Aye - and I was also looking at HP delegation accounts that aligns with this, and @thisis awesome lines up nicely - so I'll be delegating to that, if this gets enough traction !
Fantastic to hear, and thank you.
Made in Canva
- @flaxz - Admin/Moderator
Interesting experiment look forward to seeing how it turns out thanks for including us in the delegation and the mention 😎
@alovely088 nominated you for a prize in the draw
!ALIVE
!BBH
Here are some extra rewards 👍
!PGM
!PIZZA
!DHEDGE
!MEME
you have 0.0 vote calls available today, your vote calls will reset at next snapshot. You can buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc to increase your daily amount.
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
@hoosieboy! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @heartbeatonhive. (3/20)
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ heartbeatonhive. (3/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
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Many thanks, and no problem !
This post has been selected for upvote from our token accounts by @heartbeatonhive! Based on your tags you received upvotes from the following account(s):
- @dhedge.bonus
- @dhedge.leo
- @dhedge.bee
- @dhedge.ctp
- @dhedge.pob
- @dhedge.cent
- @dhedge.neoxag
- @dhedge.waiv
- @dhedge.alive
@heartbeatonhive has 0 vote calls left today.
Hold 10 or more DHEDGE to unlock daily dividends and gain access to upvote rounds on your posts from @dhedge. Hold 100 or more DHEDGE to unlock thread votes. Calling in our curation accounts currently has a minimum holding requirement of 100 DHEDGE. The more DHEDGE you hold, the higher upvote you can call in. Buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc.
$PIZZA slices delivered:
mirroredspork tipped hoosieboy
@benthomaswwd(10/10) tipped @hoosieboy
heartbeatonhive tipped hoosieboy
Genuinely interested to see how this works out.
!ALIVE
!PGM
!LOLZ
!PIZZA
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ mirroredspork. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Many thanks - I think its quite cool, and heres hoping that it works as anticipated !
What an interesting idea! And great for learning how to manage and maximise investments in second-layer tokens.
I had a look at EDS projections yesterday - roughly the cost vs income. I've based it on the figures available on the day - EDS APY at 28% and HIVE at .374, and looked at it over twenty years (potential mining period for EDS).
Of course, so much depends on something we can't predict very well, which is price fluctuations, but I found it helpful to make decisions.
Look forward to the updates 😍
Thanks - I'm finding it interesting, and we'll see how it works out !
EDS is a great project - I love how its been thought out and setup. I'm glad to have a wee stack that grows steadily passively !
Wow awesome buddy will be interesting in how this works out thanks for including @heartbeatonhive we very much will be supporting you back and following the progress.
I really want to learn more, wishing you success. 😎
@hoosieboy
!ALIVE
!CTP
!PGM
!PIZZA
!MEME
!BBH
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
@hoosieboy! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @benthomaswwd. (18/20)
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ benthomaswwd. (18/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Credit: jacobtothe
Earn Crypto for your Memes @ HiveMe.me!
Many thanks - its really appreciated, but how could I not have included ALIVE in this - you guys have a great project going on there !
Thank you @hoosieboy
Appeciate you 😎
!ALIVE
!BBH
!MEME
Credit: cptpanayioths
Earn Crypto for your Memes @ HiveMe.me!
@hoosieboy! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @benthomaswwd. (6/50)
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ benthomaswwd. (6/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Lovely expediment
!CTP
Many thanks - lets see how it goes !
Looks like a great plan.
Best wishes with achieving your goals and plans.
!ALIVE
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ jmis101. (10/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Well its an interesting experiment - lets see what happens !
Hopefully it will go well.
Best to you.
!ALIVE
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ jmis101. (1/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
I love what you are doing and it is called organic growth. Keep it up
Aye, its an interesting experiment - just need to see if it actually works !
It really works
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@hoosieboy good luck with your experiment 😎
Thanks for the mentioning @heartbeatonhive
🙏💓🚀🌜
Tipping Reward
!ALIVE
!LOL
!BBH
Project Moderator - @benthomaswwd
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Made in Canva
@hoosieboy! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @heartbeatonhive. (6/20)
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ heartbeatonhive. (22/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
lolztoken.com
A bad apple.
Credit: reddit
@hoosieboy, I sent you an $LOLZ on behalf of heartbeatonhive
(3/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP
Many thanks - we'll see how it works out !
I hope this works for you.
Many thanks. It will be interesting to see if it hangs together !
That looks like a fun and educational experiment. I’m very interested in how the L2 curation works and while I got a hang of a few of my favourite tokens, I’m still surprised to see some tokens appearing in my wallet and have no idea how they landed there 🤷🏻♀️
Hoping to check your updates every now and again to see how it all works out!
Good luck fren 🤞
!ALIVE
@hoosieboy! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ fantagira. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.