Hive blockchain's main assets are Hive (HIVE) and Hive Dollar (HBD) which are empowering all the dapps and projects from this ecosystem. Both are cryptocurrencies at the base layer and their use cases benefit from the native infrastructure of the Hive blockchain. And as we are on a Proof-of-Stake protocol, Hive can be powered up (stake) and it simply provides a regenerative return just from that, while HBD can be easily deposited into Savings to earn more on a 30 days period. And while those that are hustling day by day within this ecosystem know the perks and tokenomics from here, it is great that other 3rd party apps and platforms like Staking Rewards offer extended information on the earnings use cases for these assets.
Speaking of Hive, Staking Rewards presents us with two ways that we can earn passively or with a little bit of work.
- HIVE staking - 2.85% APR
- HIVE staking and curation - 9.03% APR
I want to emphasize that the metric including curation is quite great and inviting for others to join the platform and earn from it a good APR% with just a few simple reads and likes for the content published on the Hive blockchain. Compared to other PoS protocol-based blockchains we can deduce from here an additional use case through curation which differentiates this blockchain from other ones with this protocol.
Speaking of HBD, Staking rewards doesn't present us with any information on this. It seems that the partnership that Hive signed with the Staking Rewards platform didn't include HBD info as well. With a 20% APR offered at the base layer through the HBD Savings deposits, I think this would be a great addition if anyone could make it possible.