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RE: Navigating Hive: Insights from the Hive Humpday Hangout.

in Ecency7 months ago

You did such a great job with this HHHLive summary from another day!!! Thank you for all your kind words and I'm happy to read that the show had such a positive effect on you...

Having in the audience so many hardcore Hivians who can interact with each other produces a lot of value for everyone! For those who are participating in debate, but also for listeners who just want to get as much information as possible...

Thanks for this great post and thanks for participating in the #HHHLive! See you next week!


Moreover, staked Hive (hive power) currently offers an APR of 9%, surpassing the rates of many Fixed Deposits and treasury bills globally.

Just one thing about this... The APR that you can see under your HivePower is the true "passive" income...

Hive Power increases at an APR of approximately 2.95%

As I mentioned in the show, those 9% are curation rewards APR... For example, if you want to have your "voting power" close to 100%, you can upvote 11 posts per day with your 100% upvote, and the next day, your voting power will refill... If you do that for a year, every day, you will earn around 9% of your stake (HivePower)... That goes on TOP of those 2.95%...

So, it's not literally passive income, as you have to use your HivePower to upvote others, to get that... I hope I didn't overcomplicate this... :)

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Wow, thanks so much for the corrections. I think I made a mess 🤦. I need to quickly edit this since I don't want to misinform others.