Today is by far, my favourite day of the month.
For those of you that don't know, for having Hive Dollars (the stable coin of the Hive ecosystem), you get a 20% APR.
Every month, you have to deposit HBD into your saving in order for the interest to accumulate.
Every month I deposit 0.001 HBD into my savings to trigger the interest adquisition. By doing this instead of waiting without claiming, I use the compound interest to make me an APY of 21.93%.
Before:
After:
Now that I've done it for a couple of months, I've decided to invest a little more each and every month.
If you want to do so, you can buy some at TribalDex (the Hive's ecosystem exchange).
If you've got idle money in hive, this is your best shot to make some profitability till you decide to move your funds somewhere else. Even if you've got the money outside the ecosystem, it will be way worth it to move them here.
Keep growing!.
Nice Buddy. 20% APR on HBD is a great deal. Thanks for the compound interest tip. I made almost 2 dollars on it last month hoping to cross more than 2 this month
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