Don't forget ..to claim your HBD every month! (Earning passive income from your .. hive earnings)

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(Edited)

In case you do not know it, you can put some of your earned HBD in your savings account and earn a 20% APR (as it is defined by the witnesses)

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I did not have any savings in the past, because I would power up all my hbd to hive. However after gathering a specific HP (Hive Power) amount, I decided that I would keep some of my HBD in savings and earn a passive income every month.

What you need to keep in mind:

  • Remember to claim the amount every month.
    I have not found an automated way of claiming, is there any?

  • In case you wish to withdraw any amount, you will need to wait for 3 days.

  • It is very easy to withdraw, showing your from peakd
    You click on the arrow next to your HBD and then 'withdraw'

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Then you will need to write the amount and simply proceed and wait for 3 days, until you see them in your account.

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What about HP?

When you stake your Hive to Hive Power, not only does your 'power vote' in the platform grow, but you also earn an APR of 3%.

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You need to know that if you have delegated Hive Power to other users, you cannot power that down. Also, the amount you will request, will be fullfilled once a week over the next 13 weeks.

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Important
If for any reason you change your mind, you can cancel your power down at any point!

Did you know the above?
Am I forgetting something?

Let me know :)

Posted Using InLeo Alpha



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12 comments
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It is really passive. Gradually it adds up

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That's great
I'm glad about the interest
Getting monetary interest from HBD makes HBD different from other cryptocurrencies

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You know, one of the coolest features i've seen on hive that amazes me the most is the 20% Apr
Which means you can basically receive double if your whole investment in 5 years period of time. This is really awesome.
And you literally do nothing other than log in and claim.

Some time ago I saw a post stating that the 20% Apr on hive savings (HBD) was going to be reduced but don't know how true or how impactful and serious that message was.

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The percentage is defined by the witnesses. If for any reason it needs to change, then they will discuss it and make any decision necessary.
Let's enjoy it while it lasts :)

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edo einai ta lefta :P

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πουσαισυ!!!

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haha edo eimai kana mina tora, alla mono kano kana post dn prolabaino oute comment! sas exo balei ston automato olous pados gia votes toulaxiston kati na ginete :p eisai kala?

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