The best benefit on Hive is that we will get a good handsome APR on HBD saving. This is something, that we do not get anywhere outside. Not even banks gives us such good return. Since the day, the APR is fixed 20 % I kept aside all my HBD into saving and gaining every month. I started with 3000 HBD few months ago (Mar'22). Today I am sitting well above 3700+ HBD. With this month's interest accrue for add up.
My HBD interest earning for last month is standing 61.256 which is equivalent to $ 59.05 (as per today's conversion rate) and taking up entire HBD holding to well above 3772 HBD.
I remember, I started HBD saving when the APR is fixed 20%. I keep up powering up my HBD and in March 2022 I added 500 HBD to reach 3000 in HBD saving. In last 9 months I have accumulated 772 HBD = $ 741 in all through Interest. If I convert this amount in INR it stands to INR 60k. Which is a good handsome passive income, without doing much and keeping the money safe.
This month I wanted to withdrew some of my HBD saving to increase my Hive Power. I wanted to Increase my stake by converting HBD to Hive. This is the best time, to invest on #hive with prices as lower as $0.29. I knew there is a lock in of 3 days as notified on HBD saving page. Just to test and understand the withdrawal ,process I placed a withdrawal request of 272 HBD. The page asked my authentication and then accepted the request with waiting period of 3 days.
Todsy is the second day, and hopefully the required HBD will be credited tomorrow. It would be interesting to see and also good time to utlise my passive income to increase my stake on #hiveblockchain. HBD being a stable coin the prices may hover around $1, but #Hive being the functional currency surely will hit the roof. There is no harm in keeping some liquid or to invest in curstion.
