Have You Noticed HIVE APR Sitting At 3.26%

Over the last week the APR for staked HIVE has been at 3.26% which is close to 9% above the average of 3%. All this means is that anyone who has HIVE staked is earning a little bit more than usual. In my case this works out to about an extra 1 HIVE per day so it is not going to make you retire, but these little bits here and there all start to add up.

3 weeks ago I posted about how monitoring your HIVE vote value is an easy way to see how your HIVE account is progressing. Just to give you an idea of how significant this is 6 weeks ago my vote value was 5.4 HIVE per 100% vote, 3 weeks ago it was 5.61 and today at 5.86.

In just this last 6 week period the vote value has grown by 0.46 HIVE per 100% vote and we get 10 of those per day because of the recharging at 20% per day. With the 50/50 split between authors and curators this adds up to an extra 2.3 HIVE in daily rewards or 840 HIVE per year. It may have taken over 6 years to get to this stage and why I can now see the benefits of remaining consistent to start paying off, but this is still an eye opening period seeing the values increasing at the rate they are.

This is significant growth in earning potential and this will only snow ball even more through the compounding that is taking place. Being involved in crypto is all about understanding the numbers and why ,where and how the rewards come from. Once you understand the numbers then a place like HIVE or any other crypto investment is far simpler to understand. This is like levelling up in a game making the rewards happen far quicker.

My belief on HIVE is you grow your account first before you delegate otherwise you are handicapping your growth chances and benefitting no one besides those receiving the delegation. I see too many accounts today delegating too much and it is no wonder their growth is minimal. This is the one trend I have noticed from 6 years ago to now and it is worrying.

Stake generates more stake and why it plays such an important role in your growth when you are thinking long term. Crypto is not rocket science and why being consistent with what you do over a length of time will reap the rewards you desire.

This should give all those accounts that are growing or wanting to grow added impetus because we know how tough it is starting out growing any investment. The years of monitoring growth through things like the vote value can be tedious with not much happening and then all of a sudden it changes. Only now after all these years can I see that the foundations for growth have been laid which is exciting to see it happening quicker than expected. There has to be a tipping point with stake when growth just starts to speed up and I think I am at that point currently.

Posted Using InLeo Alpha