What do you do with your HBD?

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One of the safest havens in the cryptoworld is $HBD
But not many people outside of hive know this.

What is HBD?

HBD is a native stablecoin on the Hive blockchain. HBD is built to hold $1USD value in the most decentralized ways. It benefits from the fee-less and fast transactions of the Hive blockchain.

source

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If you see its route, you will understand that it is a very stable, stablecoin :)

https://www.coingecko.com/en/coins/hive_dollar

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What can you do with earned HBD?

I used to buy other cryptocurrencies with earned hbd or convert it to hive (Or gift it to giveaways :))

Until once I saw a post about 20% APR (Annual Percentage Rate) and I said .. why not?

So I put my HBD in savings and since then I try to accumulate.
At the moment I receive apx 10 HBD monthly, only as interest. How cool is this?

What do you do with your hbd?

Do you power up all your posts, due to the low rate of hive?
Do you put your hbd in savings?
Do you use phbd hbd in polygon?

Do you have any useful links you have written or read about HBD?

Thank you for visiting!


Some useful links

https://hive.ausbit.dev/hbd
https://hive.io/hbd
https://www.coingecko.com/en/coins/hive_dollar

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23 comments
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Excellent post, I'm trying to accrue some more HBD, so when I post I do a 50/50 split, it's building up nicely now, although I get about 2 HBD per month at the moment.

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Anything we get for free is cool :) I used to receive just a few HBD for a while. I wish you to accumulate more, soon!

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Well, in this period of the bear market, I have been about accumulating hive and so I removed my savings.

When we are a out of the bear market, I will go back to saving.

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This sounds like a well-thought plan!
Do you think we are slowly getting out of bears?

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I think so but there is no point timing the market.

It's just better to consistently invest in what you believe in.

The keyword is consistency and believe.

After that, invest aggressively during the bear periods.

Just my opinion tho

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I either put it into savings or convert it into Hive. There really isn't that much use case for HBD right now and I am liking the returns in the savings.

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I have not explored the pHBD option yet :) I wish to read more about it and see if it's worth it!

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