HP stands for Hive Power. It is what happens when you take Hive and power it up (stake it). If you look in your Peakd wallet, you will see powered up Hive pays about 3%.
HP also gives you the ability to operate on chain. Transactions cost money, although not directly to the user. Having HP allows you to engage. I would suggest getting 100 HP in your account so you will have no issues.
HBD is Hive Backed Dollar. That is being worked to be more of a stablecoin. Again, if you put it into savings, you get 10% annual paid on it. Here I would suggest getting a little in there once you reach a minimum amount of HP to operate without issue.
HP stands for Hive Power. It is what happens when you take Hive and power it up (stake it). If you look in your Peakd wallet, you will see powered up Hive pays about 3%.
HP also gives you the ability to operate on chain. Transactions cost money, although not directly to the user. Having HP allows you to engage. I would suggest getting 100 HP in your account so you will have no issues.
HBD is Hive Backed Dollar. That is being worked to be more of a stablecoin. Again, if you put it into savings, you get 10% annual paid on it. Here I would suggest getting a little in there once you reach a minimum amount of HP to operate without issue.
Posted Using LeoFinance Beta
You can read about the economics here
https://hive.blog/faq.html
Posted Using LeoFinance Beta