Estimating Returns Staking HBD for 20% APR

Hi Friends,

I've been intrigued by the option to earn 20% APR by staking Hive-backed Dollars (HBD) into savings. To get a sense of potential returns over time, I put $500 worth of HBD into savings and tracked results. After one day, I had earned 0.2 HBD in interest. Small but promising start!

To estimate long-term returns at 20% APR, I created a spreadsheet modeling staked amounts vs. estimated interest earned over different periods - daily, weekly, monthly, and yearly. The goal was to see how long it would take to earn back my initial $500 stake, or hit other earning milestones based on the amount staked.

Here's what my models showed:

(*Note the numbers below DO NOT take into account compounding the interest/earnings)

For a 500 HBD stake to fully double, it would take around 6.9 years earning 20% APR
To earn 500 HBD in interest in one year, a stake of approximately 3,500 HBD would be needed.
To earn 500 HBD in 6 months, the required stake would be around 7,000 HBD staked
For quarterly payouts totaling 500 HBD, a stake of roughly 14,000 HBD would be needed.
And to earn 500 HBD each month in interest, you'd need to stake approximately - 42,000 in HBD.

These numbers illustrate how staking larger amounts of HBD allows you to hit interest goals faster, thanks to the 20% annual rate. But even moderate stakes can accumulate substantial returns given enough time, and this is not considering compounding over time. (* Remember again, results do not add compounding in)

The ability to generate this level of passive income on stablecoins is powerful. Some of my overseas friends live on $60 USD a week. To hit that in passive returns, you would need to stake about 21,500 HBD. Sure, it's a large amount, but not totally out of reach. And unlike traditional savings, you retain total control of your crypto.

I plan to continue staking HBD and reinvesting interest to maximize gains.

You can view my HBD staking payout estimate spreadsheet here:

https://docs.google.com/spreadsheets/d/1W7Z9M8roGUFLBI2Yy4ehEK-w5y06Le39XuA-mMhba6w/edit?usp=sharing

Let me know your thoughts on using HBD savings to generate passive income!

Feel free to double check my math as well.

I'm excited by the possibilities but open to feedback.

Cheers

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