My HBD Savings gameplay on the Hive blockchain

When it comes to the Hive blockchain and the features and the perks that I liked for a long time is the rewarding APR of the HBD Savings. In the past period it offered 15% APR for holding the HBD stablecoin into the Savings account and lately it has dropped to 14% and 12% as of now. Even at this rate I consider it to be an appealing APR compared to other stablecoin returns that are there. HBD is an algo stablecoin that represent $1 worth of Hive and its pegged hovered around this value for a long time. But with Hive price continuously decreasing, it has some risk of de-pegging. This happened in the past and more robust solutions where deployed through haircut rule and hbd-stabilizer to prevent that. But that doesn't mean it cannot or that it will not happen.

With 6890 HBD is Savings that I've either bought into, earned from content creation or through monthly interest, it all went to compounding. But as there is uncertainty in the market and even in the future of the Hive blockchain, my strategy is to reach 7000 HBD and from there to start withdrawing the monthly HBD interest and use the funds to invest in more predictable and on trend crypto or stocks assets. Reaching my target should happen in a month or so and after that I can put my game into action. Hopefully this is not too late and the Hive ecosystem will be stable enough in the future as to not have HBD de-pegged.

Source: https://hivepulse.app

Targeting 7000 HBD into savings at a 12% APR should translate into 70 HBD as interest per month. Truthfully I would have liked for it to be 100 HBD per month, but it is hard for me to see reaching that based on todays wide crypto evolution and focused Hive blockchain performance. Thus, I've decided to take some stable profits as these will not affect my account growth in this ecosystem.

I hope that in the future and with all the Hive blockchain developments empowered by AI, this ecosystem will revive and maybe also the HBD Savings will get a positive impulse to be increased. But until that happens I feel that we are in a standstill situation as it is hard for me to foresee a comeback for Hive based on the current tokenomics and inflation. But that doesn't mean I don't keep the flame of hope burning. 🔥

And as I am using these funds for other type if assets investments that are hotter and uptrend, some returns might get back into the Hive ecosystem. We are living fluid times where inaction is dangerous and requires us to adapt in order to make the best out of a "bad" situation. Thus I consider that planning ahead and taking action is imperative in order to maximize our returns. Will it play out or not, that's something harder to predict but what's important is to be comfortable with our decisions. And this strategy and plan of action is what I consider to be better. So here I go in this path and will keep you updated with future investment moves that I will be making.