HBD APR 20% but it’s scarce, so PolyCub on Polygon will provide a t...

Hive HBD earns 20% APR

So the Hive Witnesses approved the rate increase from 15% to 20% APR.
But there’s one problem, no liquidity, as in there’s not a lot for sale.
Most of it is in Hive wallets earning 20%!
So the small amount for sale on exchanges is being chased by a big demand, which drives up its price.
So its hard to buy HBD without paying 5-10% over face value.
It’s a stable coin, roughly one dollar, if you pay $1.10 it makes your 20% look less attractive.
And it all comes back to high demand, low supply, also called low liquidity.

You make it profitable for HBD holders to remove their HBD from their savings accounts and become Liquidity Providers by paying them more then they get in their savings accounts.
Right now that more looks like 25-40 percent.
That’s how!

Witnesses decide to pay 20% APR on HBD held in Hive wallet Savings account, paid monthly.
wow, huge APR, easily one of the highest in cryptocurrency, paid in a Hive token, which easy to sell on Bittrex, Binance and Poloniex to name a few.
This sounds great, except most HBD is already in Hive Community Member Wallets, in their Savings accounts. So theirs not much for sale.
Which means if investors try to buy a scarce token, they push its price up, low supply, high demand, means higher price.
So while the high APR is good for the price of Hive, as investors buy Hive, so they can buy HBD, there isn’t much to sell.
‘But what if those HBD holders could be incentivized, as in paid to deposit their Hive in a trading pair, to create Liquidity for HBD!
This could be done by offering more then 20%, 25% for starters, and possibly 40% over time.
‘The lure of 5% more in an economy where the bank rate is 0.06%, and stablecoin rates are 4-8% is pretty strong.
So that’s the plan of Leofinance: create liquidity, by creating an attractive APR on PolyCub.

Leofinance is creating a bridge, you trade HBD for pHBD a NFT representing the value of your HBD on Polygon, for a small 0.5% fee.
Now your HBD is on Polygon in one move, and you can go to SushiSwap, trade one half for USDC and deposit them both in the Sushi Liquidity Pair created by Leofinance.
SushiSwap will reward you with SushiSwap Liquidity Provider tokens, which you take to PolyCub.
‘You deposit those Liquidity Provider tokens into the HBD-USDC Kingdom and then sit back and watch your money grow.
Or you use EasyDeFi a service which will invest your money, and pay you your profits for 10%.

The witnesses have created a great opportunity for investors to bring outside cash into the Hive ecosystem to earn a very high APR by holding the Hive stablecoin in their Hive wallets.
This is very good for Hive; new accounts, new money, increased demand for Hive and HBD.
Plus these investors will also learn about Hive, the blogging opportunity, the games, the NFTs, and other opportunities on Hive.
This is very good for HBD hodlers, because they can earn more then 20% by becoming Liquidity Providers on Polygon.
‘This is very good for PolyCub, because it creates demand for PolyCub and investors buying HBD pay fees to the PolyCub code, which is used to buy PolyCub for Protocol Owned Liquidity.
Find more about EasyDeFi at www.Leofinance.io/@easydefi
‘Read more here; @shortsegments/leofinance-announces-huge-news-stablecoin-pair-paying-40-apr-hbd-usdc

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