Passive Income - On Hive - Compounding Growth - IAAC #181

Hi there and welcome to my vlog, my name is Erik Gustafsson and I go by the handle @flaxz on 3speak, CTPtalk and Hive.

Passive Income - On Hive - Compounding Growth

In this video I talk about passive income on Hive, and here I talk about compounding growth, "the more you earn the more you earn".

So what this means is that as you earn Hive and Hive-engine tokens and you stake them, or Power Up, that stake will continuously earn you more and more in return the bigger it grows.

It's kind of like a snowball, it starts small and then it grows bigger, and as it does it grows at a faster pace for each turn, which is why we sometimes call compounding growth a "snowball effect".

This is what happens on Hive as you keep building your Hive Power, your CTP Power and any other tokens that you keep on staking, it grows faster the more you stake it.

The bigger stake you have the more you earn in Curation Rewards, and the more influence you have on the blockchain, and it also makes you more visible overall, so keep on staking.

Watch the video to get more details.

I Am Alive - Day 181

It is now my day 181 for the #IAmAliveChallenge, and you can read how it started and how to join in this guide, I Am Alive Challenge - The Guide.

This is all about celebrating that you are alive despite the hard times we now live in, and to share that with the world and the Hive blockchain, you are alive, and that matters.

We Are Alive!

Enjoy Watching The Video!

Made in Desygner

Stay safe, awesome and alive!

Erik Gustafsson

My profile on PeakD

This is my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.

Credits For Music

Royalty Free Music from Bensound, track Hey!

The 4 points to join the #IAmAliveChallenge.

Made in Canva

Join the Team Alive Discord

Made in Desygner

Made in Canva

Hello #hive šŸ––


ā–¶ļø 3Speak

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