I harvested my CUB rewards and went through the whole process of bridging them over, adding pHBD to metamask and Sushiswap, adding the LP, confirming everything all over the place, and finally swapping the rewards for pHBD and USDC and adding them to the pool. It wasn't much. Just $25 on both sides so a whopping $50 total but...I did all the heavy lifting. Now it will be easy to add to it whenever I want.
At this point, I'm leaving my HBD in savings since it's 3 days to get it out. If I decide to add more to the farm I'll probably do it with fiat. I like the pool vs the savings account though because even though it's technically easier/faster to get it out of the LP, it feels like more work. I've had a decent chunk in the HBD savings a couple times and have taken it out to use.
On the flipside, I haven't touched my LP stakes on CUB since I put them in there probably a year ago now. There's just something about all the steps you have to go through to get it out that makes it easier for me to resist the temptation to move it. That and the fact that you can't really see how much it's worth while it's in there. You can check on DeBank or whatever, but it's not the same as the number just staring you in the face in savings.
Just me...lol
Posted Using LeoFinance Beta
I wanted to put HIVE into savings, then I realized that the new APR applies only to HBD. Now I have to wait for Monday before I can move use HIVE to buy HBD before moving it into savings. I'll figure it out.
Posted Using LeoFinance Beta
Yes that point isnt exactly clear. Hopefully we start to look at ways to enhance the return on powering up HIVE.
That is something that I feel is needed to encourage people to HODL HIVE.
Posted Using LeoFinance Beta
The point is actually clear enough. In my case, I didn't see a direct way to put HIVE into Savings as HBD, so I need to find a way to buy HBD first before I can place it in Savings. I think I can do that via Hive.Blog or PeakD, but I'll need to take time to find out where I saw that feature first.
Posted Using LeoFinance Beta
wallet.hive.blog
Drop down arrow next to your liquid Hive --> Sell
Will take you to internal exchange. The liquidity isnt great but you should be able to trade in $100 blocks.
Posted Using LeoFinance Beta
Thanks for the address! I'll try it on Monday night after the 3.5-day waiting period expires.
Posted Using LeoFinance Beta
No problem. It is the only way I know how to get to the internal exchange. I am sure you can do it through Peakd, just I never did it.
Posted Using LeoFinance Beta
IIRC, the way to do it is to use BeeSwap to convert HIVE to swap.hive. Then there's a pool to convert swap.hive into swap.hbd. Then you withdraw the swap.hbd to HBD in Hive Engive. You pay the swap fees a couple times but it's quick and painless and all in house.
Now, I haven't done that for a while so if you try it, use a small amount first so if I'm misremembering, you're not stuck moving a bunch three or four times, but I'm pretty sure this is the way.
Otherwise, you just convert in Peakd and wait the 3.5 days.
Posted Using LeoFinance Beta
Yup. Just did it. It worked. Took a couple minutes to show up on the withdrawal back into Peakd/Hive-Engine but other than that...worked like a charm.
By the way, the withdrawal back into Hive-Engine takes place using TribalDex....
So, BeeSwap to convert Hive to swap.hive. BeeSwap to swap swap.hive to swap.HBD. Then TribalDex to withdraw swap.HBD into regular HBD on Hive-Engine/Peakd.
Posted Using LeoFinance Beta
There are many reasons to hold HIVE. First, there's the voting power for curation. Second, there's the governance power for voting on witnesses and proposals. Third, there are the resource credits needed to transact. And fourth, and probably most important, there is the profit potential on upwards price movement.
I mean, 20% on HBD is great and all, and I definitely think people should take advantage of it with some portion of their portfolios. But there is no comparison between making 20% owning HBD and making (hopefully) 1000% or more by holding Hive. If you think HIVE is going to break out and go to $2, $5, $10 or more like I do, then the vast majority of what you have should stay in HIVE. And since it's not likely to just scream to $10, your best bet is powering it up so you can make the extra curation dollars and the almost 3% interest on your HP holdings.
Posted Using LeoFinance Beta
You can use mycublp to see how much is in your pools. Just connect Metamask and it pulls up the numbers for you.
Posted Using LeoFinance Beta
That's what DeBank does, only it can do it for all the different platforms...