A Sneak Peak of my Top 5 Layer 2 tokens in Hive-Engine
Hello Readers,
Good evening and I guess all of you are having an awesome day with your loved ones. If you are a Hive chain user, which most probably is a Yes if you are reading this post, then you must have internet with the Hive-Engine.com platform that comes along with a Hive account. While Hive wallet stores your Layer 1 Token such as Hive, HBD or Hive Power, Hive-engine is the platform built into Hive blockchain, which acts as a token wallet, Where you can store your Layer 2 tokens on the Hive chain. We all can earn these layer 2 tokens by writing posts using their criteria or staking them in your account and earning as staking or curator rewards for voting for other’s Posts. If you have been using certain tribes or front-ends, or you have used any specific tag in your post to earn their tokens or you were curating well using your staked lager 2 tokens, then a bunch of them and they were being stored in your hive-engine wallet, which you can easily access with your Hive keys or using a keychain.
Now, every one of us possesses a Hive-engine account that comes and be accessed with your hive account and if you are decently well known of the basics of hive, then you must be interacting with your hive keychain as well. Now in your hive-chain, especially if it's an old account, there may be hundreds of different tokens coming from different projects you never heard of and some valuable tokens that you actually care about. Those valuable tokens will be holding the majority of your portfolio and in this post, I am going to talk about my top 5 coin holdings in Hive-Engine and why I hold them. So if you are interested, without any further ado, let's jump right in.
Website - https://inleo.io
LEO
The first token which holds the most value of my portfolio is Leo token. It is the native token of Inleo platform, a very popular social Media platform built on hive chain that supports both long form and short form X like contents on their platform. Not only that, Inleo has successfully made an almost perfect web3 social Media platform, Which feels almost same in quality as using any leading global social Apps like X or Facebook etc. The token of Inleo platform, Leo can be staked snd used to vote other’s contents in their platform and in return, not only you Get more Leo tokens as curation rewards, but also gain more traffic and get noticed for your contents.
I believe in this newly rising but potentially strong and visionary project and not to mention while Most of the other crypto projects are trash and can barely survive their first year, the Inleo community is running and growing well in past years. I would say that it actually delivered more to its users than what it was asked for and that's why this project has one of the largest active user-base in the hive chain and beyond and breaking new records. For me, I hold 11k staked Leo tokens and right now saving my liquid Leo token earnings for the next LPUD event. Right now, due to the crypto crash, the price of Leo has also been affected badly and it is being traded for 0.0475$ per Unit.
Website - https://www.neoxian.city
NEOXAG
The next coin that has made the second place in my wallet is Neoxag. Neoxag is a tribe token and it is the native token of the Neoxian community. You can earn Neoxag by simply using the Neoxian tag in your quality posts and stake Neoxag and vote other’s posts with the same tag to earn this token as curation rewards. Apart from curation rewards, you can also send neoxag token to ‘neoxiancityvb’ named hive account along with your post link in the memo to get a vote from the account. This token is very useful to earn tokens and then use them to get good votes on your posts, but beware and don't use low quality or plagiarised posts or you will be downvoted and muted. The current price of neoxag is 0.0001832$ per unit and to get a 100% vote you have to send around 1000 Neoxag to the bot account.
Website - https://www.brofi.io/
BRO
The next coin that has secured the third place in my hive engine token wallet is none other than the Bro. Bro is the first and the main token from the bro community run by Raymondspeaks and his amazing team. This token acts like a dividend stock as for holding a certain amount of them, you get votes in your posts, weekly liquid hive tokens as dividends, and some layer 2 token votes as well. Currently, Bro is being sold for 1.27$ per unit only as the bear market has affected its price badly. I hold 20 Bro currently and planning to increase the amount to 100 at least, as due to the down market both vote value and post payouts are way lower now than they used to be before 2 months, so these tokens act as side boosters or extra earners, which help you in the long run and I think are important to hold.
Website - https://hive-engine.com
HIVE-ENGINE
The Fourth coin which has taken a place in my hive engine account is an unexpected entry, the Hive-engine aka Bee token itself. If you don’t know already, Hive-Engine token is the native token of the Hive-Engine platform and you can earn this token by simply using Hive-Engine or Bee tag on your posts. I have been using the tag and staking all my Hive-Engine tokens for years and only sold some Once and right now, I am happy to hold Over 200 Hive-Engine tokens in my account which I earned for free. Right now, Hjve-Engine token is being sold for 0.084$ per Unit and as you can see, it is creating an uptrend even in this bad time.
Website - https://www.brofi.io/
LEGION
The Fifth and last token in my Hive-Engine wallet is Legion, another dividend based token from the house of Bro community of Hive. This is the second token that launched after Bro and as said, the token will be used for many much more in the future. Currently, it gives daily Hive liquid dividends depending upon how much staked legion you are holding and also gives votes posts of the high level holders which comes as an extra perk. I am only holding 65 Legion at the moment but I think this token has good potential and may think to buy this one more in the future.
I hope You liked reading my post, let me know which tokens in my wallet are you aware of and holding. Let me know your favorite layer 2 tokens in the comment section below and I will be seeing you all in my next post.
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Posted Using InLeo Alpha
Looks like you've got a solid strategy with your token holdings. Leo's approach to social media on Hive is no doubt really innovative bro
LGN will be better in 1-2 years, they made a bad start