Just the other day the HIVE APR was sitting at around 3.24% and as the HIVE price dipped it has rebounded back up to the current 3.35% we see today. I am not 100% sure how this all works and it does seem to fluctuate on the HIVE price. This however is nearly 12% more than the normal 3% and staking and earning on HIVE is more rewarding than ever.
All this really means is those who have stake are benefitting by receiving extra HIVE each day with the APR normally siting at around 3%. In my case this works out to 11.9 HIVE which is basically like receiving a bonus 1.3 HIVE daily which even though is small is still extra growth that is all being compounded increasing the overall numbers.
Just do the numbers if you have Hive Power and earn between 9 and 10% via curation plus the 3.35% staking APR you are earning close to the 15% being offered through keeping HBD in savings. Your stake is helping others grow in the community nd you are still earning close to the 15%. How is the 15% APR from HBD helping those around you?
Sure having some HBD staked is great if you have a significant stake in HIVE Power already otherwise it does not make much sense as you are not really offering much support to the community. Everyone thinks differently when it comes to growth and having the APR so high through curation and staking plus the reduced HBD APR where things are basically level now.
Your potential for growth on HIVE is far better keeping your HP staked than keeping it locked away as HBD. Your growth is closely linked to how busy and consistent you are on the blockchain and if you have stake behind you the growth is that much quicker. For those of us who have remained active over the years this may seem obvious to point out, but I would like to see everyone succeed on HIVE.
There are opportunities that come your way in life and some you grab and some you ignore. HIVE I consider as one of those opportunities you grab because you are early and you can make a difference. If only other people knew about what HIVE is and what it has to offer because it is life changing.
Across social media this week you will see talk of a recession and if true having an account on HIVE is like having a back up plan for the just in case scenarios. I do think those who are here already and have been growing their stake are ahead of the curve and are fortunate to be in such a strong position.
