If you’ve been earning those Tribe(Hive-engine) tokens for a while now, your wallet must be down bad, this concerns you.

It came to my attention yesterday that besides the markets downtrend, another reason why most Tribe tokens are badly taking a hit is because of HBD’s 20% interest rate offer which does make sense if you think about it.

Every hundreds or a couple of thousands of tokens, dead or alive, is another $1 that can be added to whatever someone owns or is trying to grow in their savings account.

20% interests rate beats a lot investment’s out there, its hassle free, its handsoff…and even better, the interests are paid in stables, even more, it beats the returns of having to hold most Tribe tokens today to be honest.

HBDoom for Tribe tokens?

Does this mean HE tokens are doomed to fail? Yes and No. I mean, any venture without substance is doomed to fail yes?

Moreover, are we going to say because HBD’s bar is high, we should reduce it so that Tribe tokens can have a competitive edge? Shut the fuck up, I will stone you with my shoe😤! no…hell no! Lol wtf!

It’s obvious that for tribe tokens to keep up, they must meet the bar set by HBD. This is where innovation comes in, mere speculation and ad revenue is simply not enough to keep a tribe going in 2022🤷‍♂️

Development’s on Tribes has since taken a hiatus after they were launched, many will say I’m a Leofinance fan boy but tbh Leofinance is the only Tribe making a huge difference as a Tribe, talk about U.I/U.X updates, talk about on going developments, yet, even Leofinance is not spared from this purge.

Fortunately, all is not gloom and doom. The answer is right here in front of us.

HBD Solves This

Before I delve into this, I need to state that a lot has to go into structuring to make anything worth organizing successful. Even sitting on a gold mine is not a guarantee for success without proper structuring.

HBD’s Interest rate is a catalyst to super charge Hive’s economy. Business owners, who are also tribe owners can tap into this magnanimous offer to bootstrap their tribes and add extra utility to their token.

I gave a typical scenario of how this can be achieved in this post by incorporating NFT’s into their businesses which can also be applied to Tribes.

Mirror Mirror On The Wall

It’s almost going to be impossible to see a healthy tribe token and economy henceforth if they don’t keep up, like I said it’s not all about sitting on a gold mine, a lot goes into structuring.

However, with proper structure armed with Hives secret weapon HBD, there’s no better time that a tribe can be successful as now. What we need to take on the world is right within us. Ofcourse HBD is just one of the many resources that can be tapped on Hive.

Will Tribe Owners step up?

In a discussion yesterday with @khaleelkazi on Leofinance discord, quite contrary to what many think, there are solid plans underway on Leofinance that don’t even involve HBD all in effort to drive value to Leofinance and you ask why I’m a Leofinance fan boy. 😒

Running a Tribe can be difficult especially as we are all just creating new pathways for success, no templates. Running one can also turn out to be life changing if it’s successful. I’m a fanboy of whoever is doing the right things, and Leofinance is at the helm of it to me.

Kindly share your thoughts.

Thanks for reading.

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