APR interest rate for Hive Power is 3.255%
There are some hidden APR profits while you power up your hive. These are some points where many hive users still dont know about it. Might be they didn't concentrate.
In this post I will focus on this point and will tell what kind of profit is this and who are eligible for it. The good thing about Hive coin is that it gives you an inflationary reward to fight inflation.
This reward is for those who have locked their #hive as hive power. You will get an extra 3.255% APR on daily basis out the power you have locked.
Lets assume I have 10K HP. I will earn around 0.89 hive on daily basis. This reward is daily added in the hive power.
You can note it by yourself. Note the amount of Hive power you have, take screenshot and check it tomorrow. You will see an add in your power.
This is an APR reward for all those users who locked their hive. This is an inflationary reward. As we all know that hive is an inflationary coin and for that to fight inflation they are offering 3.255% APR.
Therefore, for those who are holding liquid hive, its better to go for powerup. You will start earning 3.255% APR on daily basis.
THANK YOU!
Posted Using InLeo Alpha
That's nice, having Hive APR above 3% for sure is appealing. In my opinion getting it closer to inflation would remove a bigger chunk from liquidity which should have more benefits fighting declining price.