Hive blockchain - The multiple options for Rewards Distribution
On the Hive blockchain when it comes to rewards distribution we have so many options that allow us to leverage one strategy or another. Whether you are a gambler and bet it all on a volatile asset like Hive or you like to play it safe and get more rewards into a stablecoin like HBD, the possibilities are out there and one can opt'in based on its appetite. When it comes to myself, I like to balance things up and use the 50% HP and 50% HBD rewards. This allows me to feel good regardless of the market conditions - when Hive is up I have a boost in earnings, but when it is down the HBD stablecoin comes to keep things balanced and get some healthy rewards for my posts. This has a positive effect on my psychic and motivates me to be in the crypto space as much as possible as I will always be on the winning side. Maybe not x10, maybe not life changing, but for sure with a good revenue stream that let's me see my finances and unexpected changes, just more relaxed. Let me just remind everyone about all the options for Rewards Distribution that we can encounter on the Hive blockchain.
100% Hive Power
This option puts all of our post rewards into Hive Power. It’s great if you’re looking to grow your stake and curation rewards on the platform. And this means also to bet it all on Hive price improving over time, all eggs into one basket. 😀
50% HBD and 50% HP
We get half in liquid HBD, the Hive blockchain native stablecoin and half in Hive Power. It’s the safest and most balanced option for many users who want both stability and long-term growth. This is my preferred distribution method as I use HP to increase my staking and HBD to deposit it and earn 15% pure passive APR.
Use @reward.app
This option allows us to convert the post rewards into liquid HIVE, HBD, or even swap to other assets via the @reward.app service. It gives us instant access to our earnings without waiting for the standard payout period. I need to evaluate this more in the future if I chose another strategy.
Burn
Drill baby, drill! Or in this case: burn baby, burn! Choosing this will send the post rewards into a black hole – permanently removed from circulation. It’s a powerful message when used, often seen as a protest or a gesture of goodwill to help fight inflation.
Donate to Hive Fund
With this option, the rewards go directly to the Decentralized Hive Fund (DHF), which finances projects that benefit the Hive ecosystem. It’s a great way to give back and support the future development of the blockchain. Still, I don't trust some of the big whales which control the DHF, so probably I will never use this.
Decline
Selecting this means you’ll receive no post rewards at all. Sometimes used when content is promotional or intended to avoid profit, keeping everything transparent and clean. Reserved only for gentlemen 😁
What I can say in the end is that Hive blockchain gives us many choices when it comes to rewards distribution. We can grow our stake, earn stable income, or support community initiatives. The diversity of the options let us chose what we want to do with the rewards and even adapt our strategy based on the market conditions. And it is quite important to do so with all the crypto volatility. And to tell you another secret: you get also second layer tokens for your posts as rewards like $LEO. Who doesn't like that? 😍
What about you? What's your default rewards distribution model that you are choosing?
Posted Using INLEO
I used 100% powerup last month, now back to 50/50.
Always good to have multiple options to strategize and adapt.
the 50% HBD and 50% HP method is a very safe option for me
Indeed, I think this is the most used distribution model.
For most of my time here at Hive I have used 50/50. Currently I use the one where I give a small % to commentrewarder and thus share part of my profit with the top comments of other users. With the "Burn" and "Donate" method we also have the opportunity to contribute to the welfare of our platform 😎.
Excellent publication that guides us in a subject that few of us know clearly 👍 greetings 👋
Thanks and I agree that the 50/50 option is the one that balance everything around: you get Hive Power which is staked, but also some liquid HBD which is a stablecoin. Thus, that opens many ways in case you want to strategize on the rewards.
It's what I've always wanted to hold: something to earn but also to invest and grow within Hive 😊.
WIN-WIN ;)
The reward system I'm currently running is half in HBD and half in HP. The intention is that I will also now end the power down and start powering up.
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