The Remarkable 20% APR on HBD Savings and Its Impact
In the past few days, I have seen a lot of posts about HBD APR changes. If you don't know if you keep your hbd in savings then you are going for 20% APR. This is really amazing don't you think, When the market was bullish at a time many cryptos were paying more than 20 % apr Of course that was not fixed it is flexible. And guess what most of them were not even astable coins. But HBD is a stable coin we do see the price fall a bit but in a few minutes we do see you did get back at 1 USD almost all the time.
The thing is like a gem 💎 to us and on top of that it is paying you 20% APR. This is totally a windmill situation for us those who keep hbd in savings. I did have a few plans but if the APR is gonna reduce them I have to change my plan a bit still, I am going to save a decent amount in my savings for emergency purposes. You can check out the hbd interest payout for July from this post.
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As the price of the hive is low these days, in my opinion, it is a good time to build your hive power fast. If you do post the chances of increasing your hive power are more even if you don't post daily you can even earn hive power by curating other posts. So you should not have enough high power so this might be a good time to invest. I am sure you are not going to regret it. Hive was at 3 USD at its all-time high so this is really a good time to invest in if you really want to invest in it.
A few of my know people did enter the crypto world when it was at its all-time high. Yes, they are still at a loss but I am sure they are gonna recover from their loss soon Honestly no one knows when that is gonna happen. do you know?
I do remember after the 20% APR in hbd was announced we got huge investors who invested in hbd and our earnings have really a decent amount from then till now. In my opinion, 20% APR is huge don't you think? None of the stablecoins are providing this, you can check out the provided by the cryptocurrencies from this link
I think if HBD interest is more than 10 to 15% it will be still I really good deal for all of us. Not sure why people are not investing in Hive for now but Sooner or later good number of investors on the Hive I do believe in that. Imagine if many people invest in HBD all of a sudden and put all of them into savings. I am not a technical guy but I do think that it is gonna create a liquidity problem for sure.
Yes not everyone is happy about the discussion going on right now, believe me, 20% APR is really huge amount If the amount is reduced to 12 or 15 % then it is still great news for everyone. Right now I don't have anything in I will convert my hive into HBD when it will be around 1 USD. What about you what do you think?
see you in the next post, till then Keep learning and keep exploring...
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! help(no space) to get help on Hive. Info!giphy thanks
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thanks a lot.
In order to keep HBD at 20% APR it is necessary to vote for those witnesses who have set the APR at 20% ...
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you are right but only the top 20 witnesses can approve and disapprove anything on Hive. so it is not gonna be an easy task for sure.
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You're on fire @bhattg! Your daily posts are keeping Hive lively and exciting.
thank you so much for the encouragement and support ❤️🙏
I will be happy with anything above 10% if they really decided to decrease the HBD APR. but I might revisit y HBD goal if they really changed it.: )
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aha That is great, I do feel the same. 😀yes that is true I do have to change my strategy a bit for HBD saving.
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Oh,yes.That is really right.We are thinking about it , it is better than the other saving.
It is the best one saving place -HBD 20% APR in Hive blockchain. !LOLZ !PGM
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indeed HBD is a real gem for all of us, even if the APr is gong to reduce from 20 to 12/15 it is really a good deal for sure.
!giphy true
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I agree with you in this case but I feel the reducing % can be added in case of Savings HIVE and I think many people will prefer to save it as HIVE token besides HBD and It could be a better in my opinion.
yes, that can be done too but in the long term, I am sure HBD is going to be more profitable for sure. we can see the real magic of compounding there.
!giphy money 🙂
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