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Call For Your Advice-Finding the Best Return in Hive's Ecosystem...

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Bobbie
@haveyaheard
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2 min read

BXT recently hit my radar. I'm considering putting about $1000 USD into an investment.

I don't know much about all the coins in the hive-engine or Leodex, but I do understand return on investment. There are some massive returns being offered within the Hive ecosystem. Here are my recent observations: unsplash image

  • One BXT staked pays out 0.01 Hive per day. 1 BXT costs 10 Hive, roughly.
  • It takes 9.78 Hive and 1 BXT added to a liquidity pool on BeeSwap to earn 0.00544 BXT per day, or the equivalent of approx. 0.0544 Hive value per day.
  • It takes 144 Hive Power delegated via dLease at the current available rate of 11.15% APR to earn 0.0514 Hive per day.

Based on this information, staking 50 Hive's worth of BXT would earn me the same amount as if I used approx. 20 Hive's worth into a liquidity pool (10 hive and 1 BXT for easy numbers. Which would earn me the same amount as if I powered up about 150 Hive.

Out of those options, it seems that spending Hive on BXT and putting it into a liquidity pool will give me the best payout with the least amount of Hive invested.

I really like dLease and BXT...but it seems BXT is a better way to go than dLease.

I'm new here...what other profitable investments are there within Hive that I haven't likely heard of? I'd appreciate it if you put it in the comments below, giving me a breakdown. I'm sure others would appreciate it, too!

I like BXT, but what would you suggest for someone new to this space? unsplash image

Posted Using LeoFinance Beta