ASK LEO: IS STAKING AN ACT OF INVESTING IN YOUR OWN WALLET ON HIVE?
Since we have long realized that hive community blockchain doesn't end where we first thought which has made many of us to know that a lot of opportunities lie in this amazing hive community blockchain. If we tend to be someone who is ready to observe and learn we would actually gain a lot of things.
A lot things we didn't know about hive community blockchain when we were onboarded. It was when we were onboarded that we began to know the opportunities that lie within.
It's when time goes on that we began to know things that are attached with hive community blockchain. Firstly,right from the curation rewards,if especially you put your curation on 50/50 which you will a part as Hive token and the other part as staked hive to your hive wallet. Which we later came to realise that the staked hive token has effect on the curation known as Hive power (HP). All these are known to be in the hive community blockchain first layer. Staking is the act of putting your token or anything you have on leverage.
Another thing is the hive-engine,known as the second layer wallet where you have series of tokens that are only effective under the hive community blockchain. So all what hive community blockchain preaches is all about investment on it own. Staking which is part of what hive community blockchain have created preaches investment. The staked hive token has the same value as the usual hive token which can also be powered up to staked hive token(HP).
Thanks for stopping by to view my blog. Please do have a wonderful day ahead.@peterale cares🤭
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I think the answer is YES, Though experts can explain it with explanation.
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The way hive platform is structured gives tremendous advantage when the account grows. Initially it may feel bad to see half of your rewards locked up however slowly you see the power of compounding at work.
You vote value increases and when you see a hive price pump it is so gratify to see you can reward good content and earn curation at the same time.
Indeed a wonderful feeling.
You have capped it all Buddy! Thanks for sharing your view. Cheers!🥂