Just eight days ago, I achieved my 50 million $SPORTS staking goals. However, though I said that I am fine with a small number of curation rewards from SportsTalkSocial, I am now having a second thought after comparing today's yield with four other Hive Engine tokens such as $LEO, $CENT, $LOLZ, and $DRIP.
| Token | USD Value | Today's Yield |
|---|---|---|
| $LEO | 296 | 0.227 |
| $SPORTS | 257 | 0.073 |
| $CENT | 118 | 0.6349 |
| $LOLZ | 3.23 | 0.075 |
| $DRIP | 12.92 | 0.078 |
The above yield does not automatically come from my stakes, particularly in the case of $LEO for I have a delegation of 200 HP to @leo.voter. In the case of other Hive Engine tokens especially $LOLZ and $DRIP, the difference both in the USD value of my stakes and yield is huge. Imagine that a 3.23 USD value of stakes in $LOLZ ( I might be inaccurate here for I still don't understand how the tokenomics of $LOLZ works) and a 12.92 in $DRIP can give a higher yield than the 257 USD value of stakes in $SPORTS. That's the reason why I am changing my staking strategy.
Nevertheless, I still believe that creating and curating sports-related content is very promising. However, my priority now is finding the fastest way to grow my Hive account. As such, I decided to maintain just 3 million $SPORTS in my delegation to my wife's account. The same case with my wife's account. I decided to unstake 7 million $SPORTS and will keep a small amount of stakes. Whatever curation rewards I will receive, I am also going to keep it.
As for the $HIVE that I will be getting from selling my $SPORTS token, I am thinking of adding more stakes either to $CENT and $LOLZ, or I can also consider $DRIP and $POB.