DeFi On The Hive Blockchain! Lets Call It HiFi!
DeFi is gaining so much popularity today. Money is flowing in with hopes of passive income or just to #BUIDL on their position!
But, the Hive Blockchain has something similar, all of its own. Some users just want to passively grow their Hive. They are not really interested in posting or curating content. Maybe they’re just to busy.
This is where delegation comes in! You can delegate to various projects, in hopes to get some kind of return, or you can use @buildteam’s service, dlease.com!
In the past couple of days, I have seen returns anywhere from 12 to 14%! Where else could you get that rate on the DeFi markets? Their stated APR if even takes in account and the five day waiting period to one delegate, as well as their fee!
One major advantage to this (beside a higher potential return,) is that all the payments are in liquid Hive! The user can sell it on the open market, power up, trade it for a hive-engine tokens, whatever...It’s their choice!
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Posted Using LeoFinance
Exactly. This is the beauty of Hive Power.
Posted Using LeoFinance
There are so many different ways to benefit from the Hive ecosystem. It is amazing when you think about it the ways that people are being rewarded.
While the rest of the crypto world is jumping on board, they are doing things that we have been doing for years.
Posted Using LeoFinance
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To support your work, I also upvoted your post!
Do not miss the last post from @hivebuzz: