You are viewing a single comment's thread from:

RE: HBD Has the Potential to Bring Billions of Dollars into the Hive Ecosystem

in LeoFinance3 years ago

So, here comes the best part. Not only can you stake a risk free asset to earn a 20% APR, but you can also earn Hive by blogging and convert this crypto to HBD to earn more interest.

On top of that, for people who want to keep things in-house there exist liquidity pools where SWAP.HBD is either a base token or a quote token, and some of these pools offer LP Rewards. Use these LP Rewards as funds to buy more HBD or as additional contributions to these liquidity pools.

I realize it's not the same as adding liquidity to the pHBD pools at PolyCub, but for people not ready (or comfortable enough) to do that this would be a safer option for them.

Posted Using LeoFinance Beta

Sort:  

Yeah right ! Big ups to the Hive engine team for making that possible.