HBD (Hive backed dollar) is a decentralized stablecoin and like the name implies, it is backed by the Hive Blockchain.
Hive Blockchain is a decentralized web3 community governed ecosystem.
HBD can be earned on Hive through platforms like PeakD, Ecency and InLeo and Games like splinterlands. In these platforms, Community members, Content creators and Curators earn HBD as rewards, driving real utility.
HBD is the best stablecoin based on the value it offers, this entails
- You have full control over your tokens
HBD can not be controlled by third parties, monitored or frozen due to external issues, as the holder has absolute control. This makes HBD stand out from some well known stablecoins who are mostly controlled by third parties. - You can earn from HBD just by saving
You can choose to save your HBD in the native wallet and get a 15% APR that is sent to your account monthly with no counterparty risk because it’s built directly into the blockchain. This rate can not be offered by a lot of banks or stablecoins. - Transactions are feeless and seamless
HBD does not require gas fees, your transactions are free and fast, you’ve got nothing to worry about and HBD can be spent within the ecosystem, traded or even transferred. - Saving the best for last
The value of 1 HBD is pegged at the value of $1 USD making it stable for investing.
You’ll find some probably haven’t heard about HBD mostly because people like to follow trends without research. Lots of new crypto users and incoming crypto enthusiasts mostly work with what have been shown to them which are the popularly known coins regardless of the pros and cons. If only they’d know what they’re missing.
Invest in HBD, Join the HiveBlockchain, don’t be left out. Opportunities are not always handed to you, but you’ve been handed one.