When it comes to investment we always look for the options where the earnings are high but safe. Safety is one of the concern that we have seen after the Luna incident where people were able to earn 20% on UST. Undoubtedly the apr of 20% is very good and I don't think it is easily available in the market. There are multiple options to invest in crypto segment where we can earn different percentage and decentralized financing is also the one. This is called DeFi which is best known instrument for cryptocurrencies investment. Even this has given a huge returns in the past but this also comes with certain risk and impermanent loss is a common risk factor.
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Stable coins are a great way for the investment provided we can earn a decent income. HBD is a decentralized stable coin and with this we can earn 20% APR which is not just great but also a safe option as it comes with stable coin. We need not worry about the price fluctuation and hbd has proven in the past in terms of price stability. I'm not sure if there are any other options through which we can earn such a higher percentage with stable coins. Hbd is hive backed dollar and this is stable coin is not owned by any company or single entity instead it is a decentralized stable coin. It is more reliable and offering a great amount of returns to the investors and the best part is that this return comes we just 3 days of locking period.
If I tell you the returns we can earn through the bank here in India then it is very less. Banks are paying approximately 6 to 7% per anum on the deposites but with hbd we can earn flat 20% which is almost three times of what banks are paying. I don't think there is any reason to go for the bank instead going for the hbd is the best option as there is technically no risk involved. Sometimes we see the price fluctuation with hpd but it is not so high and I don't think it matters as we can earn a decent return and any slight fluctuation is not something that we should be concerned about.
Hive is not like another cryptocurrency projects instead it's different and offers the best earning solutions through hive power as well as stable coin HBD. Even with HP can earn a curation reward of approximately 8-10% along with over 3% as inflation. Here we also have the potential to grow the investment however with stable coin that is not possible because of the no big fluctuation in the price.
So I don't see any better option available in the market as of now then HBD which is a stable coin and we need not to worry about the price fluctuation if we want to go safe. What do you think about it? Do you think HBD is better option available out there in the market or there is anything you find even better than HBD?
Thank you so much
Stay Safe