As we all know, at this time HIVEโs APR on Binance is going quite well. Many people are taking benefit of this earning opportunity. But some people might have this question in their mind that why does HIVEโs APR keep changing again and again?
Which means that the APR is not fixed but variable and its changing on daily basis. It have several reasons but the main reason I have discussed in this post.
A few days ago, the APR was around 54%, but now it has come down to 32%. Thatโs almost a 22% drop, which is quite noticeable. So what is the reason behind this? A 22% change in a singe day or days is a great change and we must know the mechanism of it.
According to my experience and understanding, the fluctuation in APR is directly related to HIVEโs price. When HIVEโs price goes down, the APR also becomes less. And when HIVEโs price goes up, the APR also increases.
If you have noticed, whenever HIVEโs price suddenly pumps, at the same time APR also suddenly goes up a lot. This is a natural mechanism where market demand and token value affect the APR.
When we see the demand is at rise then we also see the rise in APR. This is because more people buy Hive and in result the APR increases and that is the best time to stake and earn good APR.
So, if you are investing in HIVE or planning to invest, itโs important to understand that APR is not fixed. It depends on market conditions. So donโt worry about short-term changes, and instead focus on long-term potential.
Also when the APR is not fixed then it means your staking is also not fixed and you can withdraw at any time. The staking is flexible which is always in benefits of investors. I hope the post is informative for hive users.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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