Best ways to build your HIVE stack faster

Direct from the desk of Dane Williams.

We take a look at some of the best ways to build your HIVE stack faster using LPs.

Are you trying to build your HIVE stack faster?

In today’s LeoThread, I took a look at some of the best places to put our HIVE to work.

I’ve repurposed the content into a post, so let’s jump right into the results.

Staked HIVE in your LeoFinance wallet, currently offering: 3% via inflation as well as another 10% via curation rewards.

For me, the ability to securely stake your tokens and earn rewards is the most underrated aspect of Hive.

Simply power up your HIVE, upvote on the content that you like and you will earn 13%.

Pro tip:

If you don't have time to curate but still want a safe, simple 10% return on your HIVE POWER, then follow someone else's curation trail via hive.vote

The bHIVE:CUB LP on Cub Finance, currently offering: 55% APR.

The original BSC based DeFi platform from the LeoFinance team now offers LPs featuring HIVE.

Wrap native HIVE into BSC compatible bHIVE and then pool with CUB for a 55% APR. https://wleo.io/hive-bsc/

Pro tip:

If your end goal is to stack HIVE, then track your impermanent loss and keep selling your rewards into bHIVE.

The pHIVE:POLYCUB LP on PolyCub, currently offering: 30% APR.

The LeoFinance team's second foray into DeFi on Polygon also offers LPs featuring HIVE.

Wrap natve HIVE into Polygon compatible pHIVE then then pool with POLYCUB for a 30% APR. https://wleo.io/hive-polygon/

Pro tip:

Just like CUB, the POLYCUB token is extremely risky to hold, so track your impermanent loss and keep selling your rewards into pHIVE.

The SWAP.HIVE:BXT LP on BeeSwap, currently offering: 95% APR.

BeeSwap is technically just a Hive-Engine front-end that displays their native Diesel Pools.

But on top of the rewards offered for providing liquidity to Diesel Pools, BeeSwap also pays BXT rewards for 10 LPs.

Pro tip:

I have featured the SWAP.HIVE:BXT LP because it has a HIVE side and offers the highest APR.

But I encourage you to look at the other LPs featuring BXT rewards to find the best fit for you.

The SWAP.HIVE:SPS LP on Splinterlands, currently offering: 140% APR.

While this is just a regular Diesel Pool, Splinterlands are offering much higher APRs than you see on the other front-ends.

Access them via the Splinterlands site > SPS > Pools.

Pro Tip:

These APRs are insanely high and certainly won't last forever, so grab them while they're hot.

Any of these LPs can be used to stack HIVE faster than simply holding.

Just make sure you weigh up the risk:reward on offer for each before going all in on an LP.

Impermanent loss can certainly fuck you.

Best of probabilities to you.