Could HBD be the prized token in the crypto space? by cryptothesis

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hive-167922 · @cryptothesis · Dec 2 '23

$8.25

Could HBD be the prized token in the crypto space?

Another brief and random post from me.

I was just thinking if HBD could be the only stable coin investment vehicle in the entire crypto space that pays 20% per year in interest.

If so, HBD could be the most prized token in the crypto space.

Seeing interest raking in such a high percentage in yield comparatively is very comforting. Banks does not give us this 20% as we know. The bank rates do little to fight inflation.

Those among us who are aware of savings at 20% in HBD due to our involvement in Hive can be thought of as being fortunate.

We also know terra-luna crumbled bringing the UST down. That was due to a flaw in its design. Largely due to human errors and poor decisions.

On the other hand, my understanding is that HBD is stable due to its design, and the decentralised nature of the Hive blockchain. In other words, HBD is holding up because the players in this blockchain sustained it while partaking in it for self-interest in a decentralised way. This collective behavior makes me feel that Hive is BTC-like. Totally autonomous.

Could more in the world wake up and want more HBD some day to earn that 20% interest?

If so, we might run out of HBD (in theory), but they can be sold for Hive. That means people will buy up Hive to exchange for HBD and saving it. This could be driving up Hive price, no?

![](https://images.ecency.com/p/3W72119s5BjW4PvRk9nXBzqrPWMsMTjNrXDPFFf11w8sqrApKbjxGWhVrTx6SjroPuX8WJ7NPjsQf5VfPF8zjKWXKea3n66B7Xhsgjx3Jy1nm5fcHGZuVG.png?format=match&mode=fit)
[What is the Brief Random Posts about?](https://ecency.com/hive-167922/@cryptothesis/all-for-the-impending-bull)

Disclaimer: This is not financial advice, and you should always do your own due diligence before investing!

Posted Using [InLeo Alpha](https://inleo.io/@cryptothesis/could-hbd-be-the-prized-token-in-the-crypto-space)

👍 empo.voter, arcange, dalz, piotrgrafik, empoderat, codingdefined, mituoshizhe, opticus, jfang003, snippets, rynow, roleerob, sirclucksalot, methodofmad, svanbo, kawsar8035, realestate4114u, shawnnft, splinner4winner, funtraveller, walterjay, steemitboard, takhar, achimmertens, balvinder294, felt.buzz, shainemata, anna89, sorin.cristescu, hivebuzz, michupa, laruche, trasto, jk6276, sirsmokesalot96, jasonbu, dragibusss, robotics101, imcore, ancolie, aidefr, roozeec, khalil319, joeyarnoldvn, slobberchops.leo

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@biyimi · Dec 2 '23

$0.09

HBD can really be the next big stablecoin in the Crypto space

👍 cryptothesis

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@djbravo · Dec 3 '23

$0.13

I have done a lot of research myself but I have not found any other stablecoin like this which is giving APR and bear market is very difficult for people this time it has made it easy. And people have lived their lives well by earning profits.

👍 cryptothesis

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@funtraveller · Dec 2 '23

$0.16

The 20% APR is enticing but I'm mainly focusing on building up my HP while Hive is under 1$. By the time that Hive is above 1$ then I will flip it and focus on HBD instead 😅.

👍 cryptothesis

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@cryptothesis · Dec 2 '23

$0.29

That’s an idea!

👍 mituoshizhe, opticus, snippets

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@jfang003 · Dec 2 '23

$0.16

I think HBD is good but I hope that 20% APR isn't the only reason people invest in HBD. I personally like the fact that Sucre and other places are starting to use HBD in real life and that adds on to the value of HBD.

👍 cryptothesis

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@kawsar8035 · Dec 2 '23

$0.16

HBD is one of the decentralized stablecoins and this along with the 20% APR facility is really awesome and everyone involved feels lucky.

👍 cryptothesis

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@loveah · Dec 2 '23

$0.16

Truthfully, HBD has a lot of potential, especially since it's very stable compared to other digital currencies.  I believe, with that, it could be a prized token and highly sort after.

👍 cryptothesis

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@shawnnft · Dec 2 '23

$0.09

well doesnt seem like its valued that much at the moment. we need more people here

👍 cryptothesis

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@tahirmuneer · Dec 2 '23

https://twitter.com/jewellery_all/status/1731018964162203915

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@takhar · Dec 2 '23

$0.16

HBD is a great investment vehicle in the crypto space with its current 20% APR. I think those partaking in it are really fortunate. Looking forward to putting more HBD into savings when the market moves upwards.

👍 cryptothesis

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