I am not aware of the exact percentage. All I see is that I am receiving 0.432 HBD every week, holding 150 SURGE.
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I am not aware of the exact percentage. All I see is that I am receiving 0.432 HBD every week, holding 150 SURGE.
Just did a quick calc, it seems that you're receiving a 15% yield equivalent to a 150 HBD. Sounds good considering the price of SURGE now at $0.68... Hmm, now I'm almost convinced to buy some SURGE too 😅
May I clarify, you are receiving yield while SURGE is in liquid form, is that correct? (no need staking or putting to a diesel pool?)
Yes, in liquid form. You can sell it anytime. I actually bought 200 and sold 50 when the price reached 5.70 SWAP.HIVE. That's instant gain.
The more I look into it, the more I’m convinced that I should buy some SURGE, because there are so many ways I could grow my tokens. Assuming that SURGE holders don’t dump and the yield remains fixed at 15% (based on 1 SURGE = 1 HBD), the actual yield would be even higher if I buy now at the current price of $0.68 — roughly around 22%.
And just like you did, there’s also good potential to swap to Hive in case the price downtrend continues. Or I could simply convert the HBD (which gives an actual yield of about 22%) to Hive, since curation rewards are only around 8%. Sounds good to me! :)