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:
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- 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?
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