Ask Leo - What does value mean from the LeoFinance Context?
Greetings to my esteemed Lions on the LeoFinance ecosystem and the entire hive blockchain. It's another day and time to share with you my thoughts on the term value(s) and relating it to the LeoFinance context. It's your friend @faquan, saying hello from this part of the world.
Everyone has the ability to define value from his or her own point of view and that'll stand base on the direction from which the individual is coming from. Before we look at what value is from the LeoFinance context, let's understand the conventional definition of value.
What's is value?
According to Investopedia:
Value is the monetary, material, or assessed worth of an asset, good, or service. "Value" is attached to a myriad of concepts including shareholder value, the value of a firm, fair value, and market value. Some of the terms are well-known business jargon, and some are formal terms for accounting and auditing standards of reporting to the Securities and Exchange Commission (SEC).Source
The above definition of value is a holistic one from the finance point of view, although value could mean other things depending on the perspective the person is coming from.
What does value mean from the LeoFinance context
One could say that the LeoFinance ecosystem sees value from two perspective: valuation of assets within the Hive blockchain and on the hand, value could be what LeoFinance Multi-Token Bridges offers investors.
From the first perspective, the LeoFinance Multi-Token Bridges are placed side-by-side with other Hive-Engine tokens and the worth of these tokens are compared with tokens such as Leo, PolyCUB, Cub, wleo, among others.
Looking at it from this perspective, one will consider whether the LeoFinance projects are doing well in the on-chain market when compared with other tokens on-chain.
Values in terms of APRs and APYs
This is the second aspect of defining value from the LeoFinance context and this is aimed at giving more options for investors to choose from.
For instance, after the paradigm shift in on-chain HBD savings interest from 12% APR to 20% APR, most people moved their HBD to savings due to the percentage in HBD they can get. Now, the on-chain HBD savings APR can be compared with one of the LeoFinance Multi-Token Bridges in terms of APRs, so we could place the on-chain HBD savings (20%) and BHBD-BUSD (25.71%).
In terms of comparison, the LeoFinance Multi-Token Bridges that are linked to on-chain HBD have more options, apart from bHBD-BUSD, we have BHBD-CUB (28.24%) and BHBD-BHIVE (23.01%).
Looking at the above, you'll see that LeoFinance Multi-Token Bridges have given more options to investors to choose from and for us on the hive blockchain, we choose either to keep our HBD in the on-chain savings or we go for the LeoFinance Multi-Token Bridges to earn more rewards in APR and APY.
To invest in LeoFinance Multi-Token Bridges visit the link below:
Posted Using LeoFinance Beta
Interesting information about value, I wouldn't say I have had previous information from leofinance perspective but i can say you explanation is more of an eye-opener regarding values, APRs and APYs.
Thanks for stopping by, I'm glad you like the Information
You are welcome my friend