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RE: Hive x Ledger: Support for Ledger Hardware Wallets

in #hive2 years ago

Wow so you can get 20% interest on your funds for holding them in this wallet?

Really interesting and I definitely need to start figuring more information about the subject.

Thank you very much for this post and I can't wait to see further integrations with our blockchain and the financial world.

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Any HBD in your savings (3.5 day lock) earns the APR as set by witnesses, which right now is 20%. The Ledger does not hold it or provide that interest- rather, it is a secure device which allows you to sign for transactions (like moving things into and out of savings to get that interest) which helps you keep your keys safe using true cold storage and without using a browser based solution.

I see. Ok ty.