Scrolling into Leofinance front end these last few days, many members were posting about the increase of HBD saving earnings from 10% to 12% APR, which is BIG for a stable coin and how easy the process is as it takes a couple of clicks to collect your dividends monthly!

Compared to banks interest rates like 2% in USA banks or 0.5% in France, you're looking at a 10x better interest rate that can be compounded monthly (won't change a big deal in terms of APR vs APY)

But, through Liquidity Pools, we can get a higher APR while adding liquidity with 2 "stable" coins:

SWAP.HBD/SWAP.BUSD

Here is the first stable coins Pair composed of HBD and BUSD being the dollar-pegged stable coin for the Binance Smart Chain.

Since the launch of BXT rewards, this pool has gained a lot of traction and had an APR at 200% at some point during the first days.

Another important thing, often overlooked: this pool keeps HBD more stable as it's possible to arbitrage against BUSD thus keeping HBP price closer to $1 mark. You may have noticed that HBD being closer to $1 and less fluctuating during the last 20 days, partially because of this pair and HIVE price stabilizing.

When I first joined the pool, the total liquidity was around $40k-$50k, it tripled since the launch of BXT rewards.

APR at 40% is decent considering BXT as reward. With BXT you can either:

• Stake BXT to receive liquid Hive at 66% APR
  • Staked BXT will earn 50% of all the fees of HIVE/SWAP.HIVE swap generated by BeeSwap, estimated at 50k hive yearly and takes 3 days to unstake.
• Add liquidity to SWAP.HIVE/BXT at 160% APR

  • Lower risk of impermanent loss due to both sides being stable coins

  • Taking out liquidity at anytime you want instead of waiting for 3 days.

SWAP.HBD/CENT

I was ignorant of CENT token until recently. @centtoken is a project created by @anadolu (correct me if I'm wrong) aiming to offer a stable coin having enough liquidity on the Hive market compared to HBD and USDT with a value at $0.01 or 1 cent.

Token supply, distribution, burning, and liquidity pools rewards are adjusted to stabilize CENT value. Investing in CENT depends on how you trust the price to keep around its destinated value

CENT Token is a token that aims to reach a price value of $0.01. Cent Token's price is different from stable cryptocurrencies. The token has a volatile price trend around the target price. It aims to provide ease of transaction to its users by offering high liquidity and high volume

You can use #cent tag or post in CentBlog to earn rewards in CENT token from your contents creations with rewards distribution at 50/50 between author and curator and rewards being in liquid form.

As for liquidity pools, there are 4 at the moment: HIVE/CENT, POB/CENT, LEO/CENT, HBD/CENT ranging from 60% APR to 180% APR

109% APR is huge for a stable coin pair and such APR is going on for a while, but notice that there is low liquidity less than $1000, in case this pool becomes popular, the APR will drop significantly.

Speaking of rewards:

• CENT and HBD great for hyper-compounding your earnings
• CENTG is the governance token of CENT, I take it all-day
• VIBES seems like a token related to the music community
• LVL a new game still in alpha stages and you don't want to miss it, check out @psyberx for more info

Stable Pool at Binance Smart Chain

4Belt on belt.fi is an example of stable coin pool on BSC, I daresay the most stable as it groups 4 of the most well know stable coins (USDT,USDC,BUSD,DAI) offering less than HBD saving, a modest APR at 9%

Now check it out on Cubfinance Kingdom, not only it's auto-compounding, but adding the 25% Cub token incentive makes it an attractive pair to get into for 35%.

About Cub? We know too well what's awaiting it :D

Final thoughts (Not financial advice)

HBD saving is the best in terms of low risk and how easy/passive to use it but the 12% APR won't mean too much for someone saving less than $1000 and rather

HBD/BUSD is my favorite one in terms of stability and profitability and being at the early stage of BXT, I'm trying to stack as much as I can for passive HIVE income

HBD/CENT if CENT price keeps stabilizing at $0.01, it should be considered among the safest and most profitable pools on Hive ecosystem.

4Belt don't sleep on stable coins on BSC, better put them to work.

Posted Using LeoFinance ^Beta