Langsam, langsam aber sicher - slowly but steady - The Terra.sinkhole Project Report

12 months ago

![Kopia The Terra.Sinkhole Project.png](

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I will keep that report as brief as possible because we all really should be focusing on our loved ones around us. So let me use this post to convey a Merry Christmas to all of you. Have a great one, will you. As for the Project, we have crossed the 10k scrap mark in Liquidity pool, so I guess this project is doing its job and its impact is directly proportional to support it receives from the community.
Even though the scrap price has plummeted over 70% since the beginning of the Project, the graph below shows that we manage not only not to diminish but to keep on growing. Steadily, step by step.

The Terra.sinkhole Project provides liquidity for screap:swap.hive pool with an aim to secure and stabilise scrap price. I think game changes helped to decrease demand for scrap token because of decay mechanic. We shall see how this all will play out but I'm calm filled with hope.

You can read about the rules of the project here

How did we do?

statistic	value	change since last report
HP	115.907	+4.374
Delegations	2,118.732	+1.3
Hive account value	$41.38	+$1.52
Scrap burned	0	0
Scrap in LP	10 422,154	+1124.161
Hive in LP	11.586	+0.597
LP value	$8.65	+$1,38

What's interesting, look at APR shown by BeeSwap

Why should you care?

For those playing the Terracore the answer is obvious - it may help your game. Those not playing might benefit from this Project as well, because it:

Proves Hive usecase,
Shows and proves (if succeed) the solution to issue of game token depreciation,
Takes some Hive out of circulation - staked HP is not on the market being sold.

swap.hive:scrap pool data

30 day summary
Today:

Hive statistics

The account analytics

The current delegators

by @jocieprosza

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2 comments

@terraboost 2

12 months ago

This post has been supported by @Terraboost with a 50% upvote! Delagate HP to Terraboost to Earn Daily HIVE rewards for supporting the @Terracore community!

Play Terracore | Delegate HP | Join Discord

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@hivebuzz 74

12 months ago

Congratulations @terra.sinkhole! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

	You received more than 100 HP as payout for your posts, comments and curation. Your next payout target is 250 HP. _{The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD}

_{You can view your badges on your board and compare yourself to others in the Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

To support your work, I also upvoted your post!

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