HBD Interest Payouts For July 2021
Among new implementations in Hardfork 25 Equilibrium was to limit HBD interest payouts to only HBD in Savings. Paying interest on HBD is not too old either, it only started in March 2021. We have seen how main beneficiaries of HBD interest payouts were exchanges and hive decentralized fund before HF-25. Let's take a look how interest payouts changed after the hardfork and below you can also see the top 100 HBD interest payouts list.
When Hive started paying interest in March, initially top witnesses agreed on 3%. This APR remained at 3% until HF-25, and afterwards it changed to 10%. I am not quite sure if the actual current APR is at 10%. Majority of the top witnesses have changed their APR parameter to 10%. However, some have changed to 12%, some to 7%, and one to 5%.
It is not clear to me if the final APR is set based on average of the value top witnesses set or based on majority rule. If you know how exactly this calculation works, please share the knowledge in the comments.
In March total interest payout was 10,429 HBD to 6415 accounts.
In April total interest payout increased to 12,208 HBD to 7106 accounts.
In May total interest payout increased again to 16,574 HBD to 7250 accounts.
In June total interest payout almost doubled to 36,883 HBD to 7167 accounts.
All these months from March to July main recipients of the interest payouts were Hive Decentralized Fund and exchanges like Upbit and Bittrex. Since these accounts hold large amounts of liquid HBD for operational purposes, this makes sense. Now that only HBD in Savings can receive interest payouts, this has changed for the month of July.
In July total interest payout decreased to 1,696 HBD to 682 accounts. One account - @mika, received 72% of the total payouts in the amount of 1,230 HBD. It seems like Mika really likes the new changes, and taking full advantage of the high HBD APR. Well played!
It also look like some other users are also experimenting with the HBD interests and transferring to Savings. It is too early to say if these high HBD APR will be attractive enough for people to consider this as a passive income.
TOP 100 HBD Interest Payouts For July 2021
| # | Name | Amount | Date |
|---|---|---|---|
| 1 | mika | 1229.3170 | 2021-07-12 20:33:54 |
| 2 | dragonaladodera | 57.0570 | 2021-07-25 05:51:51 |
| 3 | ahadsteemit08 | 44.0920 | 2021-07-05 07:27:03 |
| 4 | alpha | 42.1950 | 2021-07-07 22:36:21 |
| 5 | eonwarped | 33.2180 | 2021-07-06 04:21:33 |
| 6 | vaultec | 29.1280 | 2021-07-20 03:04:06 |
| 7 | bhllc | 13.9960 | 2021-07-27 22:53:57 |
| 8 | acidyo | 10.2160 | 2021-07-08 15:17:57 |
| 9 | internutter | 9.8400 | 2021-07-28 01:56:33 |
| 10 | krishool | 8.8770 | 2021-07-31 07:10:18 |
| 11 | bittrex | 8.2480 | 2021-07-11 17:13:57 |
| 12 | buggedout | 6.6700 | 2021-07-05 00:51:48 |
| 13 | oceanplanet | 6.1820 | 2021-07-20 19:55:30 |
| 14 | cryptex24 | 5.9930 | 2021-07-20 20:00:18 |
| 15 | neoxian | 5.6610 | 2021-07-29 14:17:27 |
| 16 | jychbetter | 5.5070 | 2021-07-04 11:09:36 |
| 17 | nostalgic1212 | 5.3800 | 2021-07-15 01:11:12 |
| 18 | lukestokes | 5.3460 | 2021-07-28 20:45:15 |
| 19 | juecoree | 4.9400 | 2021-07-31 00:49:30 |
| 20 | distantsignal | 4.4370 | 2021-07-02 18:54:06 |
| 21 | pharesim | 4.4130 | 2021-07-09 20:08:15 |
| 22 | smooth-a | 4.3940 | 2021-07-26 20:48:12 |
| 23 | obsesija | 4.3160 | 2021-07-01 22:39:15 |
| 24 | sjarvie5 | 4.1570 | 2021-07-12 17:11:24 |
| 25 | shtup | 3.9510 | 2021-07-24 20:20:42 |
| 26 | oflyhigh | 3.4460 | 2021-07-18 08:08:51 |
| 27 | ecency | 3.2660 | 2021-07-18 18:11:27 |
| 28 | alexaivytorres | 3.2520 | 2021-07-13 19:23:36 |
| 29 | crossculture | 3.2210 | 2021-07-31 23:04:54 |
| 30 | chronocrypto | 3.0480 | 2021-07-20 03:54:27 |
| 31 | gamer00 | 3.0150 | 2021-07-01 15:00:33 |
| 32 | cadawg | 2.8790 | 2021-07-31 17:42:48 |
| 33 | drax | 2.8530 | 2021-07-24 09:37:09 |
| 34 | irenenavarroart | 2.8270 | 2021-07-10 19:00:24 |
| 35 | null2 | 2.6240 | 2021-07-03 02:41:48 |
| 36 | lainiwakura | 2.5280 | 2021-07-25 05:53:24 |
| 37 | engrave | 2.4620 | 2021-07-14 09:58:03 |
| 38 | pennsif | 2.4030 | 2021-07-20 21:24:57 |
| 39 | hermes.apocrypha | 2.2770 | 2021-07-29 23:55:00 |
| 40 | ambafatima | 2.2110 | 2021-07-31 03:37:24 |
| 41 | motionkapture777 | 2.0800 | 2021-07-27 10:19:00 |
| 42 | vcclothing | 2.0190 | 2021-07-25 04:50:12 |
| 43 | rozku | 1.9290 | 2021-07-20 10:27:12 |
| 44 | rezoanulvibes | 1.8330 | 2021-07-30 01:14:45 |
| 45 | crimsonclad | 1.7570 | 2021-07-19 18:37:48 |
| 46 | orinoco | 1.7000 | 2021-07-08 23:45:39 |
| 47 | erick1 | 1.6840 | 2021-07-19 15:24:21 |
| 48 | fishmaster | 1.5770 | 2021-07-25 19:37:21 |
| 49 | peterchung | 1.5620 | 2021-07-07 12:31:42 |
| 50 | pouchon | 1.5190 | 2021-07-27 20:38:33 |
| 51 | hiveonboard | 1.4750 | 2021-07-10 18:39:15 |
| 52 | enginewitty | 1.4690 | 2021-07-23 03:20:57 |
| 53 | detlev | 1.4650 | 2021-07-23 20:42:03 |
| 54 | josediccus | 1.4600 | 2021-07-04 17:34:30 |
| 55 | keco | 1.4160 | 2021-07-27 01:52:15 |
| 56 | bitcoinflood | 1.4140 | 2021-07-20 13:54:51 |
| 57 | gengua | 1.2910 | 2021-07-20 23:20:42 |
| 58 | revisesociology | 1.2710 | 2021-07-24 20:07:51 |
| 59 | kenny-crane | 1.1930 | 2021-07-22 01:23:09 |
| 60 | nonameslefttouse | 1.1610 | 2021-07-30 21:21:39 |
| 61 | karishmasingh711 | 1.1300 | 2021-07-30 09:53:12 |
| 62 | metzli | 1.1280 | 2021-07-13 22:00:42 |
| 63 | traciyork | 1.1220 | 2021-07-28 23:58:21 |
| 64 | lordbutterfly | 1.1180 | 2021-07-26 12:18:18 |
| 65 | miriannalis | 1.0890 | 2021-07-29 07:48:30 |
| 66 | jarvie | 1.0060 | 2021-07-19 04:38:15 |
| 67 | thegoliath | 0.9970 | 2021-07-07 04:20:21 |
| 68 | shadowspub | 0.9710 | 2021-07-30 23:47:42 |
| 69 | fermentedphil | 0.9020 | 2021-07-21 19:39:21 |
| 70 | artbymitrai | 0.9010 | 2021-07-15 17:48:51 |
| 71 | artmom | 0.8990 | 2021-07-27 21:46:03 |
| 72 | strawhat | 0.8840 | 2021-07-03 11:46:00 |
| 73 | actifit-peter | 0.8240 | 2021-07-31 14:49:48 |
| 74 | martibis | 0.8110 | 2021-07-19 12:06:09 |
| 75 | justclickindiva | 0.8050 | 2021-07-31 15:07:36 |
| 76 | lallo | 0.8000 | 2021-07-30 02:21:54 |
| 77 | justinchicken | 0.7960 | 2021-07-29 12:27:24 |
| 78 | my451r | 0.7850 | 2021-07-26 03:29:03 |
| 79 | banat | 0.7840 | 2021-07-15 23:03:27 |
| 80 | kuronokenshi | 0.7670 | 2021-07-04 04:56:21 |
| 81 | gadrian | 0.7660 | 2021-07-28 15:42:42 |
| 82 | lacking | 0.7640 | 2021-07-13 01:41:27 |
| 83 | canna-curate | 0.7590 | 2021-07-16 23:47:12 |
| 84 | gtg | 0.7420 | 2021-07-22 11:03:18 |
| 85 | leprechaun | 0.7280 | 2021-07-21 00:26:12 |
| 86 | divinekids | 0.7040 | 2021-07-27 11:34:57 |
| 87 | bighungrypanda | 0.6920 | 2021-07-30 17:27:18 |
| 88 | yole | 0.6860 | 2021-07-20 19:22:48 |
| 89 | thekittygirl | 0.6580 | 2021-07-10 18:13:57 |
| 90 | rafaelgreen | 0.6430 | 2021-07-13 14:51:36 |
| 91 | criptoanarquista | 0.6260 | 2021-07-25 05:52:18 |
| 92 | artsyproxy | 0.6190 | 2021-07-01 23:51:12 |
| 93 | ryivhnn | 0.6170 | 2021-07-01 01:55:42 |
| 94 | chuchoafonso | 0.6160 | 2021-07-30 18:28:57 |
| 95 | ash | 0.6150 | 2021-07-21 11:29:54 |
| 96 | skylinebuds | 0.6100 | 2021-07-13 01:51:51 |
| 97 | amyli33 | 0.6080 | 2021-07-26 16:47:48 |
| 98 | kodeblaccc | 0.4770 | 2021-07-26 11:30:54 |
| 99 | melinda010100 | 0.4480 | 2021-07-19 18:46:48 |
| 100 | pandamama | 0.4410 | 2021-07-15 10:53:15 |
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You're definitely right, I think most people are only beginning to try it out as since it's new via the latest hardfork. Seems the Mika will continue to save that HBD up in savings. Thanks for bringing a compilation of all that numbers, I see I got about 1.4 HBD for having about 110 HBD in savings.
In the long term it's possible for this feature to be the investor's favourite choice especially if they're going to see an opportunity to earn from a stable coin in savings. It's prospectful. I'll like to see how some others will react to this stats too.
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This is definitely much more attractive than putting your money in the bank. But some of the Hive related projects may give you more, although the price of those may not be stable, because they are not pegged to nothing.
I'm not sure my bank has ever given me anything. Although putting that money into.. let's say splinterland would definitely generate more. But stability matters
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You are right, I don't think any traditional banks would pay anything close to 10% interest.
The APR is calculated from the median of the top 20 witnesses + backup.
So, is it 10% right now?
It is 10% right now. The column header on https://peakd.com/witnesses shows the correct percentage.
I started using this feature a few weeks ago just to try it out and to diversify a bit. But the thing I don't like about it is the lack of clarity of when and where the interest is paid out. I think I saw it once deposited back to savings and after that I thought the interest will be weekly, but now 10 days has passed :) so now I am thinking payouts are monthly? :) @tipu curate
Upvoted 👌 (Mana: 27/47) Liquid rewards.
It is paid monthly. Peakd shows a bit more detail on how much is expected to be paid and when.
Thanks for putting the figures together. Where can I see how much interest I've earned? I've not been able to find any but maybe I don't have enough saved.
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It should show up in your wallet as an 'interest payment' or something like that. I checked with a hivesql script, and it shows you received 0.042 HBD on July 6th, 2021.
Thank you! 😊
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I did spot an account shovelling in a pile of HBD last week. I will be on your list next month as that % is too good to miss. Better than holding USDT.
I haven't put too much into my HBD savings but I really should add more over there.
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I'm really happy about the interest feature!
Also, if I'm not mistaken, the APR is calculated based on the median of the top witnesses.
Thanks for putting this report together!
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You will find answers to your questions in my latest post about savings
Interesting to see the Bittrex exchange and my virtual friend @melinda010100 in this ranking
Wow this is actually crazy low from what I was thinking it was going to be
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An interesting guide shared thanks much i have prior understanding of how this works now