The Beauty Of HBD 12% APR Savings

If you follow me on Twitter you will notice that for some days now, I have been focusing more on shilling HBD because it’s one of the safest crypto investments I have seen. When I joined Hive the HBD savings APR was 10% for some reason I didn’t pay attention that because I felt there was nothing special, but few weeks ago the APR changed to 12% and that caught my attention.

I read a post that stated that APR of HBD savings has increased over time, I might not get the numbers correctly but I think it has increased from 5, 8, 10 and now 12%. With time we should be expecting the APR to increase further. This means that HBD savings is going to be the best stablecoin investment and far the less riskier stable coin investment being that its decentralized.

This week you must have read in the news that the Tether company behind USDT froze accounts worth of $160 Million. Imagine running to a stable coin because the crypto market is volatile and down and then getting your account frozen by tether. Now you are stuck, your money is frozen and you can’t utilize it. This is what you get when centralized entities are in control. This has never happened on Hive, no one can freeze your Hive account and no one controls your HBD, coupled with the fact that you can put it in savings and earn 12% APR shows that HBD is the best savings investment you can make.

Another reason you should take advantage of the HBD savings is the supply. There are $24.3 Million supply of HBD, meaning that, when people start getting interested in HBD, there won’t be a enough supply of HBD to go round, so consider HBD savings as another way of mining HBD. When you put your HBD in the HBD savings, the blockchain produces more HBD to reward you for saving. This way it produces more HBD and adds it to the HBD supply thereby increasing the supply of HBD. So more HBD savings, means more HBD supply, this will thereby instigate the witness to increase the APR in future for more HBD creation by the blockchain.

When more HBD utilities are present, this means that there will be more HBD demand. When there is more HBD demand, the blockchain will need to produce more HBD and what other ways can we produce more HBD if not from HBD savings APR. So it’s possible we are going to be seeing more HBD APR % in the future, so it’s going to be really wise that you take the advantage of saving your HBD right now and compound it to prepare yourself of gradually acquiring more wealth over time. We know that these can’t happen in a day, it’s a gradual process and we are on the journey.

It’s nice to see that we are adding more utilities to HBD, the upcoming Ragnarok game will require HBD to purchase somethings in the game, this means that the demand will be driven upwards. Sometime ago, the Leofinance team talked about adding HBD in CUBdefi pool, I might be wrong with that Information, I think my memory on that is not vivid enough. But I know that the Leofinance team has a plan for HBD.

Aside this, think of the amount of wealth you can acquire just by doing nothing and just leaving your stable coin in the blockchain. If you have a large amount of money and you don’t know what to do with it and you also don’t want to risk it in a crypto currency, investing in HBD savings is going to be one of the wisest decisions to make. Investing $10 Million worth HBD in HBD savings will be giving you $100,000 monthly. This is something that you can never find in the bank, all you have to do is wait for 30 days and you claim your $100,000. Coolest easiest money you have made, seems unreal right? Well welcome to Hive, where there is freedom to achieve financial freedom.

Posted Using LeoFinance ^Beta