Faucet owner and blogger
Switzerland
https://www.ref-hunters.ch
I always try to keep an open mind towards what is happening on other blockchain. Even though Hive is the backbone of my crypto operations, I like to see what happens in other places as well. One of the things that I like about hive is the 15% APR on HBD savings. It's a great income source but since I understand how hive works, I have to admit that this APR is paid by inflating the tokens in circulation. In my opinion there can come a time when this APR has to go down if the price of hive depreciates too much or when we reach the haircut level at which we could see HBD depeg from USD. Since, I'm quite heavily invested in HBD, I'd like to have other options to get a return on a stable coin. That was the reason that pushed me to explore in this direction.
Watch on 3SpeakRecently, I created a post called an interesting income source on Hive – Providing Liquidity and there were plenty of interesting questions in the comment section. I explained similar things several times and I thought it might be a good idea to explain the risks related to liquidity pools in a separate post. It's not an easy task and instead of explaining what impermanent loss is, I try to show the effect through some examples.
Hive is probably not the most recognised blockchain when it comes to Defi and it's true that we don't have all the lend/borrow, short/long or multiply functions that other platforms provide. However, we have liquidity pools and they are pretty great because they allow you to swap a wide array of tokens.
Watch on 3SpeakThere is a new game on hive and I have filmed my very first steps into the game. There is a 10$ fee to be paid in hive to get started and this video might give you some insight whether you want to open an account or not. If you want to take part, I encourage you to use my referral link:
Sometimes you don't want to learn anything new but then your friends, in this case @ph1102, send you a link to a youtube video and you can't help watching it. After that, you end up researching stuff, visiting websites and getting tons of ideas... This was the case for me with AI agents.
Almost every week if I don't forget it, we run a Mission within the Liotes Community where we ask people some questions that we find interesting. This week, we asked them about their New Year's resolutions. What I found very interesting is that several people will try to spend less time on hive. We have to ask ourselves: is hive too addictive?