I got into Hive because of Splinterlands. The Hive is full of ways to park crypto for abnormal returns. The primary reason people power-up Hive is for resource credits. Which you can easily run out of doing routine day-to-day activities such as renting cards, buying and selling cards. Many people ran out of resource credits while fighting against other people during end of season for rentals. My own success rate was 3/100 and that was about 10% RC for about 300 CP. Clearly, it isn't sustainable. The new updates to Peakmonsters should help a lot by saving people RC (auto-rentals and better checks on if cards are available.) You can check your current RC here:
https://hiveblocks.com/
The number one place people should use if they need extra HP is https://giftgiver.site/ gives people 15 HP for ones who are low on RC.
However, as things currently stand, powering up Hive is a really poor proposition. If someone were to power-up Hive, it renders that portions of their funds inaccessible because the power down period takes too long. The power down period as of current is 13 weeks. Regardless of your view on how much Hive will be worth, locking it away is not the play. (Right now, we're experiencing a pump.)
This is just the fluctuations within a day. The Hive can be very volatile.
The current benefits of powering up are more resource credits and that Hive power appreciates by 3% per year. A mere 3% is a really poor deal when compared to other opportunities on Hive itself. Resource credits are important, no denying that. Thus I'm introducing my recommended solution for that: https://hive.dlease.io/
This website allows you to lease hive power. The last time I used it, I spent 1 hive for 3 weeks at 74 HP. This meant that I only needed 1 Hive to cover my RC needs for 3 weeks. Whereas compared to the alternative of powering up the Hive with 74 HP, that means I would need 74 Hive (Kind of a tall ask back when for an account with around 10 if memory serves. People with excess Hive can also use that website to lease their excess HP out.
Spending 1 Hive leasing frees up the Hives you would've used to power up. Introducing ways to park crypto for better:
Splinterlands has DEC at 200%. SPS at 60%. That's not all, there's other things to do like holding SIM to generate some Hive per day. Current holding SIM returns:
I do not play dcity or hold SIM but it is an opportunity for people to take advantage of. Just holding the SIM in your wallet is sufficient.
There's also liquidity pools where people can park crypto for returns.
https://beeswap.dcity.io/swap?pools has a list of rewards (yearly) and approximate APRs. This has rewards calculated daily. https://tribaldex.com/dieselpools/pools
They both use the same underlying pools so it doesn't matter which one you choose.
The "best" deal on there right now is this:
I do not trade or hold Lassecash or know what it is used for, but it does reward 400.5% if the prices remain the same. Beware of impermanent losses when using liquidity pools.
With all the ways to park crypto for returns, powering up Hive is a really poor proposition regardless of your view on the direction of Hive itself. Leasing Hive gave me the opportunity to do so much more, hopefully it can help you do the same.