If you have been exploring HIVE for some time, you must have heard about all the sweet deals that the assets of HIVE blockchain is offering. I have been in touch with few HIVE users where they are taking the benefits of these juicy APR's and just increasing their stake along the way. One of the best option for our assets to grow without any risk is probably the best scenario to witness in our line of work. Especially when you have full control over your assets! I do believe this would eventually make one of the best reason for users outside of HIVE to join in HIVE blockchain and enjoy in the same way that we do!
HIVE APR Touching 40%
Few days back I created a post (You can read it here) regarding how anyone who has HIVE is being offered more than 50% APR from one of the reputed CEX Binance. This was probably one of the most intriguing and exciting offer for HIVE users. As many of the users who has liquid HIVE they sure are enjoying this APR and trying to make the best of their situation. I suppose that ratio has decreased to 40% as of writing this post. Yet at this 40% is quite a lot compared to any other crypto coin at the market at current situation.
On the other hand upon staking your HIVE, you will be able to get an APR of 3-13% based on your staked amount. Although, it entirely varies how you get to utilize your HP based on your curation. So there are multiple factors which needs to be taken under consideration to get the best possible outcome for utilizing HP.
Although, there are certain reasons which needs to be taken into consideration before jumping into any of the scenario. As both of the above ones have their own risks. Better DYOR before diving into any one of them. As I do prefer staking them and use them in best possible way for the time being. While if you hold liquid HIVE than just enjoy the sweet apr for the time being and keep on growing your asset!
HBD or USDT
The difference between these two stable coins is insane. We all are ware about the fact how HBD has been keeping its price in the range for so long. It has not collapsed nor has it seen any unforeseen situation like other stable coins. It has been maintaining its peace and APR since its inception. I would rather buy HBD than stake usdt in binance for the mere 2.5%. I would rather enjoy the 15% on my stables!
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Let us not forget about SPS which is offering above 10% in its staked SPS. Which is also one of the most exciting and interesting part of the owning another renowned asset within HIVE blockchain. Not only that you get multiple benefits of having staked SPS in your Splinterlands account.
Also upon staking your land you get to create some resources in your Splinterlands account. Which is eventually converted into DEC another benefits of owning a plot in LAND of Splinterlands.
I must say there are multiple reasons why I would choose Hive based assets in my portfolio rather than something which I have no idea about. As this gives me some clear vision and idea regarding what I am into and how I would handle situations based on circumstances. Which is why even after seeing some lucrative APR's on different chain and on different projects I always try to stay away from them. As these are my assets and I should be the one looking after them. You should also DYOR before getting into any crypto related projects. As you never know what you will get yourself into until it is too late.
Be safe!
Image source: Binance, Peakd
Best regards
Rehan
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