Attractive Investment Alternatives For Hive, HBD, and SPS

image.png

Prices in the market have been flat since June. We have witnessed ups and downs in the last four months, but the general level has not changed. This situation is also the case for the Hive ecosystem coins.

Staking and DEFI return becomes even more critical when prices are flat. We can stake Hive, HBD, and SPS on the Hive blockchain. There are also attractive alternatives on the BSC network.

Hive

Hive power has an annual return of 2.87%. In addition, regular curation makes it possible to obtain a return of approximately 9%. It means that the total return on an annual basis is 12%. Considering that Hive's inflation is around 7%, we can obtain a real return in this way.

Curation is labor-intensive. Instead, by delegating Hive power to @leo.voter, we can generate 16% annual returns. 2.87% of this return is in Hive, and the rest is in Leo. Leo rewards are credited daily. We can convert Leo, the token of the Leo Finance community, to Hive on the Hive Engine. Currently, 2.1 million Hive power is delegated to the Leo Finance community.

When Hive is converted to Hive power, it loses its feature of being a liquid asset. Hive power transforms back into Hive in 13 weeks. However, when Hive is used in DEFI investments, we do not give up our liquidity.

The bHive-HBD liquidity pool on Cub Finance provides an annual return of 34%. This liquidity pool can be an ideal alternative for those who think the bear market will continue for a while. Investing in this pool makes it possible to benefit from the price volatility in Hive and HBD instantly. In the past months, HBD has gone above 1.5 USD twice. The price would return to $1, so those with liquid HBD took advantage of the opportunity. In November last year, Hive went above $2.5 for a few days. It was clear that the price would not be permanent at that level. Those with liquid Hive took advantage of the opportunity. The amount of liquidity in the Hive-BSC bridge will also be significant in such a case.

image.png

Also on Cub Finance bHive-Cub liquidity pool provides 42% return. After the bridges carried Hive and HDB to the BSC network, the Cub Finance application became active; the price stability was achieved because the income generated by the bridges supports the price of the Cub.

HBD

The Hive blockchain provides a 20% return on HBD. Since this return occurs directly on the blockchain, it is more secure than DEFI implementations. When HBD is transferred to savings, liquidity is given up for three days. The resulting interest can be claimed monthly and added to the saving account. When the interest is added to the principal every month, the annual return rises to 22%.

Hive supports the value of HBD, and investors can convert their HBD to Hive for 1 dollar in case of a possible decrease in value. This transaction takes place over the 2.5-day average Hive price. We can follow the statistics on HBD via HBD Reporting Tool. By purchasing HBD, we assume some price risk. The last year that the HBD stabilizer was active, the price did not fall below 90 cents. Therefore, the risk-adjusted return for HBD is relatively high.

image.png

In the Cubdefi application, the bHBD-BUSD pool provides a 31.5% return. BUSD, like HBD, is a reliable stablecoin, so we are faced with an attractive value proposition. Using Leo Bridge, we send HBD to the BSC network for investment. We generate the bHBD-BUSD LP token in the Pancakeswap application and invest this LP on Cubdefi.

SPS

SPS provides 31% returns when staked on the Splinterlands website. This return consists of the sum of the SPS and Voucher rewards. We can claim accumulated rewards at any time. Both tokens have ample liquidity on Hive Engine. Staked SPS becomes liquid in 4 weeks.

The SPS-BNB liquidity pool on the Pancakeswap application provides an annual return of 66%. BNB is a coin with zero inflation. Despite its low volatility, it gives reasonable returns. On the other hand, since it is the fourth largest coin, it does not have as much growth potential as SPS. Liquidity pool investments have their confusing aspects. For example, when SPS gains value against BNB, the number of SPS in the pool decrease. Otherwise, the number of SPS increases. So if SPS gains value quickly, some of it will turn into BNB. We have a portfolio of two coins, and the weights are balancing. Fixing the weights of portfolios is one of the most profitable investment strategies. However, SPS bulls may choose to stake SPS alone.

image.png

Conclusion

We can stake coins such as Hive, HBD, and SPS on Hive and invest in applications such as Pancakeswap and Cubdefi on the BSC network. So, which of the options listed above are more attractive?

I'm using the DEFI applications mentioned above and also staking on Hive. I plan to use the tokens in DEFI applications to realize profits in instant price increases that are not sustainable.

DEFI return rates change faster than staking returns. On the other hand, DEFI brings advantages, such as liquidity and high returns.

Thank you for reading.

Cover Image Source

Posted Using LeoFinance Beta

Sort:  

Great list.

For me, it's all about using these assets to stack HIVE faster.

SPS has some MASSIVEEEEE APRs on offer and the fact that price is holding steady against HIVE makes it a great option.

And HBD has obvious benefits for locking in profits - The fact you can use it in LPs with great APRs is just a bonus.

So good :)

PS. I have to update the blog I linked to you to remove those Polycub APRs that no longer exist and switch the focus to the HBD pools on Cub.

Posted Using LeoFinance Beta

Hive and SPS are also my main focus.

If it is not the best time to jump into CUB and PolyCIB, when?

That's the question that I keep asking myself. Obviously, these days are great times for new people to make gains from Hive assets on both chains

There are a lot of attractive alternatives.

I am thinking of staking more hive.

Nice « blue chip » options. All of them are very easy to do and therefore any newbie can benefit from them. Thanks for this reminder 😉

Posted using LeoFinance Mobile

I'm staking a little SPS, the airdrop I got from buying CL packs. I think the interest rate is absolutely decent too. HBD is king because I think it helps people to mitigate the risk of loss while giving them 20%. one of the reasons why steem never work is that there was never a stablecoin to help users hold value to their coin in unstable market conditions. While HBD isn't there yet. I think it's doing fairly okay.

When Steem Dollars(SBD) was 10 USD, it was easy to earn on Steem, but it didn't last long :)

It lasted about 3 months, I'll prefer to have a stable HBD for 50 years.