20% HBD APR Is No Match For This

Hive really is developing quickly and we see that in the steady price it's gained and held on to. Since it's stable price of around $0.11 to it's now $0.40-$0.50 range hive has increased 4x in value since Feb 2021. Still with a rather small market cap of about 200 million (some of which can no longer be tracked due to new defi platforms and other such features) hive continues to not only hold but gain ground.

Hive has been ahead of its time for years but we are clearly seeing a shift away from web2 platforms like Meta (Facebook, Instagram), Twitter and so forth as they continue to shell out lower and lower earnings, users and in general just interaction.

Hive Shorts

I really believe if we could get some type of shorts platform setup quickly with it's own mini ad support, token etc that it could either be one powerful layer 2 token or even a sought after hive token if it remains on layer1. Everything is shifting to short video format. It's why you see Instagram almost making a full 180 just recently from pictures to reels and youtube shorts starting to account for massive amounts of video consumption in terms of watch time hours. If anyone currently is or is interesting in building such as thing lets get in touch because I feel with some serious work it could be massive for hive and anyone involved.

20% APR

Currently with Hive you'll be earning a steady 2.9%- 3.1% APR just for having hive powered up. This rate of course can change at any time. That means (at the time of writing this 2.91%) if hive held it's price you would be beating interest rates of bank by over 1%. Put in a little effort each day spending some time curating quality content and you'd be looking at another 8%-10% APR on that hive. That's now a 10.91% - 12.91% APR you'd be earning on hive. However the downfall is hives price can change and it does change rapidly. This is why you need to look at it in terms of UNIT value instead of $ value. 100,000 hive powered up could net you about 10,900 hive a year at least (throw in compounding from power ups etc and you'd be a little higher)

However HBD the decentralized stablecoin of Hive is currently (struggling a bit) however doing a ok job in holding or at least restoring back to that $1 peg decently fast enough to make it a little lower risk). This earns you 20% APR. 100,000 HBD would earn you at current rates 20,000 HBD a year which should translate to $20,000 yearly. With monthly compounding on that you'd be looking at 21,939.11 HBD which is a pretty decent income for the passive nature it has.

But here's one better and why stable coins hold so much power.

CUBDeFi currently offers BHBD-CUB and BHBD-BUSD. Which currently pay out 38.22% at the time of writing this for BHBD-BUSD (Wrapped binance version of HBD token and binances stable coin paired together) That's a 18.22% higher rate at the moment but also the kicker here is you could if you wanted to claim it daily and compound it. If everything held it's mark (which I want to be clear it wont and the APR can change) you'd be at $146,521 after a year if you compounded daily. That's over DOUBLE!

PolyCub also features hive tokens such as the pairing of PHBD-POLYCUB and PHBD-USDC. I'm going to use PHBD-USDC since they are both stable coin. PHBD (a wrapped version of HBD token on polygon) and USDC which is a stable coin of coinbase and bitmain currently at the time of writing this offers a 31.76% APR which again you could compound daily.

Again to be perfectly clear the numbers above are if nothing ever changed however APR rates will change higher and lower as well as possible native tokens of the platform so it does make it a little riskier of a investment compared to just letting it sit in HBD savings on your hive wallet.

*This article is for entertainment purposes only and is not financial advice. Do your own research before investing.