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RE: Staking HIVE on Binance Simple Earn at 50% APR: Too Good To Be True?

in #hive5 months ago

Glad you're enjoying the sweet APR! But credit to where it's due, since I learned how good the APR was thanks to the OG @empoderat , in one of his posts. And although I'm also taking advantage from it, it does cause me mixed feelings... if tokens APRs are massive, it might that be not that great to the token's price, right? When supply tends to infinite, price tends to zero...

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As a small note, these APRs do not result in more HIVE inflation but are probably paid by Binance itself because it wants/needs more liquid hive on its platform.

I recommend you to take a look at this post from @edicted

Thanks for the shout, would have missed the post! And yep, seem pretty decent explanations. Even better, I'll keep enjoying the crazy APR and crossing fingers for a decent bull run!

PS. are you considering going to Hivefest on Malaysia? Abrazo!

Even better, I'll keep enjoying the crazy APR and crossing fingers for a decent bull run!

+1, fingers crossed.

PS. are you considering going to Hivefest on Malaysia? Abrazo!

La verdad es que no, empiezo en un trabajo nuevo esta semana y no puedo comprometerme a este nivel todavía. De momento la prioridad es sobrevivir.

Mi prio ahora mismo es aprovechar la bull run y conseguir un warchest enorme de stablecoins para PWR.

Mi prio ahora mismo es aprovechar la bull run y conseguir un warchest enorme de stablecoins para PWR.

Seguro qe se logrará. Que todo te vaya bien con el nuevo trabajo!!