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RE: HIVE POWER aka HP APR above 13% - Did you Notice...

in Hive Learners4 months ago

You have an amazing amount of HP!

I'm on peakD and my wallet looks a little different:

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We get about 3.14% Interest on HP from the daily inflation if we do nothing. But if we're good at curating then we can get maybe up to 10% or more from that.

You said

even if you don't perform any action on the chain and you have HIVE POWER staked your account will keep accumulating HP at an APR of above 13% that's pretty nice RIGHT? Stake it and forget it.

and you may be right. But the way I understand it is that you do have to preform the action of voting/curating to get the extra approximately 10% on top of the about 3% we get for not performing any action. I may be wrong though :)

Keep up the great work on HIVE!

I am still building my HP and I plan to mostly HODL through the upcoming Bull Run. But I may sell some at over $1 and then buy back when the next crash happens.

In any case, I'll still be here, giving away tokens at @tokenfaucet and adding more to @pepegame. I hope we all continue to enjoy the great things happening in the Hive Community for many years to come!

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Right. So the overall message was that the APR for staked HIVE can go up to 13% which is not bad at all. And yeah curation is must. Cheers

Yes, 13% is awesome, and earning curation rewards from just "like"-ing a social media post still amazes me even after doing it for 8+ years. HIVE is so ahead of everyone and I'm still so glad to be here, reading and curating every day.

Cheers!