Day 6 – New tokens to hunt

Since we made short work of our previous goals yesterday on day five, it is already time to set the next batch of milestones to reach.

As you could read in the reports of the previous days we accumulated $ 50 in order to start staking ATOM in our Atomic Wallet. This was the second passive income stream we set up. As you recall we set up the first one on our very first day on Final Autoclaim staking SPACE for SHIB. So with two streams trickling, it makes sense to pick two new coins we want to start staking and for those we will also need $ 50 each to set it up.

The idea is to go wide with approximately 10 to 15 tokens we will be creating passive income streams with through staking and once we have achieved it grow them by adding more and more tokens to the staked amount, getting that compounding interest going a bit faster until those trickles turn into massive streams of cryptocurrency that we can swap into Stabile coins like Tether(USDT).
However, the scenario where this becomes an issue to discuss is still many weeks, or even months away.

For now we will be going for two additional streams and for this we will be accumulating Osmosis(OSMO) and KAVA tokens, because next to ATOM which generates 22% interest yearly, OSMO also gives the same percentage and KAVA is good for 19% a year which makes them the highest paying tokens you can stake in Atomic Wallet and we like doing the staking in one app as much as possible because it makes it a lot easier to manage, once it really starts growing. To do this we will continue the same routine we have been using the last 5 days which is

1. Hit all the PTC sections
2. Hit the surveys and offerwalls on the faucets
3. Play the games

(Did you just find us? On Day 2 we give a detailed explanation about our routine on what we do exactly so you can copy it)

Anyway, it should go without saying that today we also implemented our routine and made roughly $ 8 on the faucets and another $ 1 worth of SHIB at the games. So for our next tokens we already have a little Litecoin sitting there that can go to OSMO and KAVA. We will be doing one at a time so we will first be swapping our Litecoin for OSMO and stake it when we reach $ 50. After this it is KAVA’s turn, for which we need to make another $ 50 to start staking it.

For the record, that $ 50 is not a mandatory thing. It is just the amount we set because we feel that amounts lower then $ 50 just trickles a little too slow and everytime we add tokens we pay transaction(GAS) fees so it is better and cheaper to do larger amounts at once. 50 is a nice round figure that is easy to work with and large enough to produce a trickle that we will notice.

Well, for day 6 there is not much more to tell, but the report for tomorrow should prove to be a lot more interesting as we will publish the grand totals on what we made for the week and get that much needed insight into what we are doing and what we can expect in the coming weeks.

See you tomorrow for the report on day 7!