There's a lot of cool projects out there in the crypto space!
So why did I basically ignore every single one of them and focus right here on $HIVE ?
In today's post, I hope to hammer home the 'ah ha' moment I had and that maybe, someone else that reads this will start getting as excited as I am about this chain.
So last night I was doing #myhivegoals weekly post, and @bitcoinflood stopped by and said this:
"....it all adds up with those massive and healthy APRs
Curation, Holding(powered up) and HBD hive really is a powerhouse of compounding wealth."
I kept reading his comment and smiled from ear to ear because what he highlighted was the attraction I have when it comes to Hive.
Let's go into Jongo's mind for a second, I'm a visual dude...So words are great and all, but images really hammer home points for me.
So tonight, while sitting in a truck stop, I wanted to create an image of exactly what @bitcoinflood highlighted and what so many of us have been preaching from the mountain tops...
Hey, it was a rushed job lol But I hope it gets the point across.
You see, this is in essence part of the 'circular economy' the savvy people on chain talk about all the time. Let's break this down...
You jump on chain and start engaging with people. Whether it's through comments or your own creations, your content is...Your content here. So for a lot of us, it fires us up to 'create' even more!
As you create more, you receive Hive Power (more on that in a second) and with that, your curation adventures really begin.
You are rewarded n this blockchain for supporting others by 'liking' their content. How cool is that?
Through your creation and curation efforts, like I mentioned above, you are earning Hive Power. You can select either 50/50 in rewards which is 50% in HP and 50% in HBD, or even 100% in Hive Power (HP)
The more you stake, the more your influence grows on chain. You can see this from the hundreds of members of the community that have been growing their stake, simply by....Creating and curating.
And powering up those rewards!
And finally, the chef's kiss of the blockchain...Our in house savings program, the Hive Back Dollar (of Hive Blockchain Dollar).
What's so cool is that you are earning those Hive Power and HBD rewards every day by being active. And while HP is staked and not liquid, $HBD is liquid.
You can cash it out, or even better...Throw it into your savings account and earn 20% APR on it.
You keep feeding your account. By being active through creating and curating. Then by powering up and putting your HBD into savings and earning 20%.
This is why I stay here....
This is why I have invested my life into this blockchain!
You truly doin't need to go anywhere else!
(P.S. I didn't even mention the layer 2 opportunities either....More on that in a later post lol)