Every investor is looking for a risk free asset that will bring them a high and stable return. Banks ridiculously failed at that by offering less than 1% APR on your savings and most stocks and mutual funds barely gives you 7–8% APR.
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.
Overall, Hive is a great project and now that the HBD staking has raised its interest it’s even better and easier to make passive income.
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
Yeah right ! Big ups to the Hive engine team for making that possible.