I just checked my HBD in savings and noticed the juicy rate at which my HBD in savings has increased in a couple hours since the change of APR from 15% to 20% . While I just got to know about the moves for an increase in HBD's APR yesterday, I've kinda wished for it for quite a long time and it's finally here. But now, I'm currently faced with the dilemma of which investment options are better. To either keep saving my HBD on Hive for 20% APR or to have my HBD in the pHBD-USDC pool on Polycub for 20-40% APR and more liquidity.
For those who don't know, the Leofinace team have been working on having HBD on Polycub via pHBD-USDC to allow more liquidity for HBD, easy trading and a more tasty passive income for investors. I've been looking out for this since it was first announced by the team and felt it could be a better investment option with an APR of 20-40% when compared with the just adjusted 12% APR for saving HBD on Hive.
Now that we have a tastier APR on Hive, I'm actually in a dilemma but really glad we have these fantastic opportunities opened to everyone on Hive. I might be considering pHBD-USDC for one key reason though, Liquidity. I remember when I tried buying and selling large amounts of HBD in the internal market and spent about 30 minutes trying to fill my orders. It was one tedious work and I kinda wished there was a better option because I can't imagine what would happen if an investor wanted trade higher amounts for example over $100k.
Polycub could give the liquidity that's deficient on Hive, offer a higher return on investment and give investors another option for passive earning void of market instability.
These two options we currently have are the some of the juiciest for Stablecoins in the crypto world and they'll be bringing in more attention to Hive in the long run. I'm gonna wait till pHBD-USDC becomes active and see how I can make good use of both options.
