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.
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. 😀
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.
@reward.appThis option allows us to convert the post rewards into liquid HIVE, HBD, or even swap to other assets via the
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.
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.
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? 😍
