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500 HP delegation to @ctpsb

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ctpsb2.7 K3 months agoPeakD2 min read

https://files.peakd.com/file/peakd-hive/ctpsb/23u6Z9sModwJSECpsMcu6WGJbaApYhSxaZdKVQjouZbNx6TYWk8s8eo2u7TuSMgUNMEC5.jpg

Whenever, I work on a project, I like to make small adaptations to improve these projects. I've realised that I have become almost the biggest CTPSB token holder and that it will be totally in my interest if the value of the CTPSB grows even faster.

There are at the moment 9468 CTPSB tokens in circulation and I (@achim03) own 1913 Tokens which is around 20%. This corresponds to a total of 6'360 Hive Power at today's prices. It was worth around 1920 Hive 4 years ago, so I would say that it's one of my better investments.

https://files.peakd.com/file/peakd-hive/ctpsb/23tHZK6nPqPUPP499EWJuwetD7mFsht25qtDaTEm5yyL2diZgjfcr69gS8p5hWyXo2Vgh.png
CTPSB richlist

A couple of days ago, I decided to delegate 500 HP to CTPSB because this will allow me to make the token value grow even faster. I won't get anything directly for this delegation because the curation rewards of these 500 HP will go to the @ctpsb account rather than to my own. This on the other hand, will push the APR of CTPSB and my tokens will grow in value faster. From a mathematical point of view, I don't know whether I will directly profit from it but I think that all the other token holders will get a better APR as well and therefore it's worth it :-)

By delegating Hive Power to @ctpsb, I increase the curation return for the project. Since the number of the tokens in circulation doesn't change, the token value will grow faster.

https://files.peakd.com/file/peakd-hive/ctpsb/23t8CSPFBzHJcq9QG1dZFnN7qqe5uDWVLcVA36oAj3XcWfLeueopq6UWLri6YrFwK8cBD.png
Delegators to @ctpsb

The numbers of this week

https://files.peakd.com/file/peakd-hive/ctpsb/23tHbkjTM6tXd5jr5nSMUhwrGpi9cac9bUocT73vEXpBegdtxvKcWeV1vwb5SYSpauQ4m.jpg


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