HBD APR PERCENTAGE - WHAT TO DO?

in LeoFinance7 days ago

DEDICATION

Let me start with the fact that I have been on this blockchain now for 2309 days. And I am extreamly proud to say my posting streak continues. I have now done at last one post a day for 2309 days.

On the road to 3000.

If you are trying to build something on Hive, if you are trying get noticed on Hive. This is the type of dedication it takes.

I tell you this now every day now to try and motivate you. As your noticed I already have the dedication.


The BBH Project Tribe

VOTE FOR THE BBH PROJECT WITNESS

MISSION STATEMENT

To make The BBH Project the most profitable passive income token project on Hive.

BBH INCEPTION - 25TH NOV 2020
BBH RELEASE PRICE TODAY: 0.00867 HIVE

Remember 1 BBH equals 1 Satoshi. So as Hive out performs Bitcoin the cost in Hive to buy BBH goes down. BBH is softpegged to BTC.

Love you @cathyarrow

HBD APR PERCENTAGE - WHAT TO DO?

I had a few interesting days with @thebbhproject witness and trying to figure out what to do with the APR percentage.

My biggest motivation of having it set to 20 percent and believing in the 20 percent was this post The Road To 10 Billion Hive Backed Dollars (HBD) from @taskmaster4450. That blog post made and still makes a lot of sence to me.

But a few days ago I lost a big support vote, and I started asking why, and I was given the reasons for 6 percent APR. To be honest in my hast to get the support back I followed to the 6 percent.

Then the fallout happened. I started lossing support quickly. I went on Threads and asked what people wanted.As even though I run the witness I believe community should have a say. So after some chatting I reversed my decission and went back to 20 percent APR for HBD.

Sometimes you have to stick to your guns and stick with the community rather than give into pressure. Lesson learned Bradley. Now we let the chips fall where they may.

On a side note I wish people would read long form post. Here is a little something I seen last night:

"BBH: Created by user @bradleyarrow, who appears to be active on Hive, I don't know what this token is for. The Hive-Engine description says the goal is to have 1 BBH equal 1 Satoshi. What then? Why? What does it mean if that happens? Why do I need Bitcoin Backed Hive? Is it truly backed by Bitcoin? If so, where is the Bitcoin wallet that holds the bitcoin backing this account?
BBHO: Hive-Engine says this is the native token for the BBH project. If so, then what is BBH? Why have separate tokens? Hive user @hive-112281 created this token and last posted 3 months ago. The situation seems bleak."

Now I understand we are all busy, and a lot of people are doing their own thing on Hive but if you are going to write about tokens/project at least you could do is come and do a little more research and read my long form posts where everything has been explained many times and even a link to our WhitePaper.

Just saying ;)

Loves you @cathyarrow

DELEGATION TO THE BBH PROJECT

We are now at Received: 34,267 HP UP FROM 34,265 HP in delegation from yesterday. Whoop Whoop. Keep it coming people. Lets aim for 100K :)

It would be awesome to get this growing.

A giant thank you to @borniet, he is an awesome coder.

Please help spread the word.

Using the @bradleyarrow account for the incoming delegation.

Here is what it is offering.

Daily payouts at 23:57 UTC.

You get 80 percent payout of curation in Hive.
You get 20 percent payout of curation in BBH.

For 100 percent payout of curation.

The supporter list has gotten to big it take a screen shot. lol. What a wondeful complaint.

But being an open blockchain anyone that wants to check this accout for the incoming delegation, you can :)

Here is our total incoming delegation though: Received: 6,955 HP. Next goal is to get that to 10K.

How awesome fracking sauce is that.

To the future ;)

WITNESS UPDATE AND SUPPORT PUSH

426 fracking sauce days as a witness we managed to get into 65th place. What a battle this is. What a battle this is. Up to 460 suporters. 460 supporters, did you read that. That is Awesome Fracking Sauce. Nothing wrong with that But I want more, I want to keep growing fast, moving up the charts fast. Business mindset people.. Now the hard part begins. Getting the word out to more people.

I know we will keep moving up the charts. ***The higher we are, the more Hive income there is, and the higher Drip Day payouts will get. Remember that. That is what is important. ***

This morning we are in 65TH at 8,117,599 in support. Yesterday we where at 8,130,676 HP in support. To get into 64th place we need another 286,486 in support . Yesterday we needed 161,409 in support. We need alot of little or some big support to come in. Tell the world.

WHITE PAPER FOR THE BBH PROJECT

Here it is, the updated THE BBH PROJECT WHITE PAPER.

CURATION TRAIL

No new members to the Curation Trail over in the last 24 hours.

The new goal of 500 members by the end of 2025.

What is the point of a curation trail and why should I join?

Any post that I up vote, everyone that is upto 397 possible upvotes.

When you join the trail you can set your trail vote to what ever you want. Even if you set the up vote to 0.01. Imagine if we had 1,000 people in the trail that would be 10.00 to the post. Fantastic stuff. A little difference can end up making a giant difference to a Hiver.

That being said, we do have 397 members, I know not all are active, some have passed, but the majority of use are still here.

Imagine if we could get 100 people doing just 1 blog post about the curation trail. Do you think the membership would go up quickly?

Give it a shot, the more, the better for everyone.

And if you are following the trail please support our witness. @thebbhproject.

DRIP DAY

Saturdays are Drip Day. That means it is/was drip day. Now if you are not a regular reader of mine you are wondering what is drip day.

I run a income token and tipping bot all in one. The token is BBH. Every Saturday I payout the people holding BBH tokens. Passive income if you like. I like to call it a 'drip' of a token(s) to the people that own BBH tokens. And unlike some all you have to do is own it. No staking, no nothing.

If you own 10 or more BBH tokens you got a drip of swap.hive.
If you own 5,000 or more BBH tokens you got a drip of swap.hive and the PIMP token, and CTP Tokens.
If you own 10,000 or more BBH tokens you got a drip of swap.hive, PIMP, CTP, and LEO tokens.

If you stake 20,000 or more BBHO tokens you get a drip of swap.btc, and ALIVE tokens
If you stake 5,000 or more BBHO tokens you got a drip of ALIVE tokens.

All just for owning BBH. There are two ways you can get BBH. First you can buy them from the open market. I use TribalDex myself.

Or they can be tipped to you. The great part about BBH tipping is that when you tip a token to someone else you do not loose any of your own. There is a central pool that supplies them.

And a third way to get BBH would be people gift them to you. There was an update to the tipping bot. If you now tip 1 BBH you get 1 BBH also. How facking awesome is that.

And now a forth way to get BBH with the BBH Miner.

BBH RELEASE PRICE

I now set the release price of BBH to the markets daily. It is an open market so sometimes you can pick up deals when others are selling cheaper than my set price. The goal is to have 1 BBH = 1 Satoshi. I do a bit of math and get the price. If Bitcoin is stronger than Hive then the price of one BBH goes up and if Hive is strong than Bitcoin then the price goes down.

Here is the last week worth of price settings.

26 Nov 2025875350.10591000000000.00827
27 Nov 2025914970.10781000000000.00849
28 Nov 2025914910.111000000000.00832
29 Nov 2025906250.11081000000000.00818
30 Nov 2025912870.10831000000000.00843
1 Dec 2025868070.10091000000000.00860
2 Dec 2025864920.099751000000000.00867

BBH AND BBHO TOKEN DIFFERENCE

It seems some people are still confused. So I am putting this section into my daily post.

BBH token was my first token. It is a tipping bot and a passive income token. You only need to hold it, hold 10 or more to get a drip on dripday(below).

BBHO token is the native token of The BBH Project Tribe. The same as LEO is the native token of InLeo.

It is that simple. I did add drips to stakers of BBHO also as I work on building out use cases for the token.

Hope this helps.

TIPPING

In a 24 hour period, reset at new day UTC. There are currently five levels of tipping.

Level 1 = 1000 BBH holdings = 1 tip per day you can send
Level 2 = 5000 BBH holdings = 5 tips per day you can send
Level 3 = 10000 BBH holdings = 10 tips per day you can send
Level 4 = 20000 BBH holdings = 20 tips per day you can send
Level 5 = 50000 BBH holdings = 50 tips per day you can send
Level 6 = 100,000 BBH holdings = 100 tips per day you can send

The tipping command is ! BBH

Posted Using INLEO

Sort:  

you just described the "bud-light-effect" !LOLZ
!BBH

what is the bud-light-effect? lol !BBH

There was this bud light commercial with a queer person that offended the conservatives, why the ad got cancelled, which offended the liberals

Got ya, lol.

I'm sorry to hear about the lost votes, my friend, and the uninformed rambling that some people do. Regarding the HBD APR, given the present level of Hive Debt, HIVE inflation, and the fiat-dollar price of HIVE, a high APR for HBD (which is basically a HIVE IUO, so HIVE debt) is not helping the situation. The haircut rule will be activated if the Hive Debt ratio exceeds 30%, and while it did start going down for a bit, it's begun to rise once again, which is very not good. As you've noticed, some are calling for 6%, but the only problem with that is that if the APR is below 10%, then most people will simply withdraw their HBD from Savings and either sell it or stake it. To find a not-as-painful balance, @botlord and our @aliveandmmb witness have been set to 12%. 😁🙏💚✨🤙

!ALIVE
!BBH

Thank you my friend for this :) !BBH !PIMP

You're very welcome, Bradley, always, my friend. 😁🙏💚✨🤙

!ALIVE
!BBH

It's unfortunate to hear that but you can't please everyone. I think it's better to set it to what you believe is right, and I prefer the higher APR. Some say that it isn't sustainable, but without that, people would just be dumping their HBD instead of saving any.

Thanks my friend :) I have to agree. !BBH

Good job well done, thank you for always working hard for everyone, we are with you

Thanks :) !BBH

Thank you, sir, have a perfect day!!

!BBH !ALIVE !DUO


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!BBH
!LOLZ

Great to hear
!INDEED

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