Thanks @uwelang for the tip!
Such a bummer! I really enjoyed those 40+% APRs on Binance for a while. Although I didn't have a massive amount of HIVE staked there – just around 7.3k HIVE in the Simple Earn program – it was still something. The nice thing was that I could see my daily APR payouts come in on my "instant-access" deposit. I was enjoying the ride, even though the amount wasn’t huge, it was passive income, after all.
But then, this morning, around 3 AM, the good times came to an abrupt halt. Those last cool 36.38% APRs just vanished into thin air. No warning, no heads up – they were gone. So, after seeing Uwe's post, I decided to pull my HIVE out of the program before I ended up stuck with the new lower rates. The volatility of these rewards can be frustrating, but I had to make sure I wasn’t left with a big bag of nothing.
But hey, I’m not complaining. Up until that point, I was able to make some nice, little profits. The whole experience was a nice reminder of how unpredictable crypto can be – even the best opportunities can evaporate in the blink of an eye.
For now, I’m back to reevaluating my next steps. I’ll keep an eye on the markets and, who knows, might jump back in if the APRs rise again.
💹 Earnings Summary
Even with the APR dip, the numbers are worth a look:
- Total HIVE earned:
203.12 HIVE - Average per day:
7.81 HIVE - Highest daily earning:
9.57 HIVE - Lowest daily earning:
1.91 HIVE - My current balance:
7,519 HIVE
I'm curious to see when Binance will resume trading. If you also want to take a look, you can do so at Binance Simple Earn and then simply enter HIVE in the search:
https://www.binance.com/en/earn/simple-earn
