2/ 🧵As to Token System
Hive uses a dual-token model: the liquid token (a.k.a. HIVE) and the liquid token’s staked version (a.k.a. hive power or HP for brevity). The liquid token can be traded on exchanges while the staked version influences voting power, governance, and earning potential.
Confused? Don’t be! I was once in your shoes. I wondered: Why not just have one token? But seeing how other Web3 platforms operate, it became clear to me that Hive’s purpose is to encourage long-term engagement rather than short-term speculation.