Hive is one of the best web 3.0 earning platforms, allowing you to earn in a variety of ways. People with creative and content writing skills can use this platform to earn money on a regular basis. It is a decentralised platform that allows you to earn in a variety of ways, which are detailed below.
If you have excellent writing skills, this platform is ideal for you. There are numerous communities where you can post about your topics. Make sure not to publish your content in communities where it is more likely to be downvoted.
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Hive power is an important aspect of this platform and the primary source of your earnings. You can earn by upvoting other people's posts and earning curation rewards, investing in HIVE power to earn more than 11% APR, and delegating to the best community to earn more than 16% APR.
You can also use the HBD saving option, which pays you a fixed 20% income. Because this is the platform's stable coin, it is the most secure investment in the HIVE ecosystem. HBD is expected to remain a $1 coin with low volatility.
Purchasing and holding Hive tokens
This is the most basic way to invest in the Hive ecosystem. Hive tokens can be purchased on various decentralised exchanges (DEXs) and held in the hope that their value will increase over time.
Investing in Hive-based tokens
The Hive blockchain is home to a number of tokens, including the Leo token and the Sports token. These tokens can be used to earn rewards or gain access to certain features on the platform.
Investing in projects based on the Hive
A variety of projects, including games, apps, and dApps, are being developed on the Hive blockchain. Investing in these projects gives you a vested interest in their success.
Creating content or curating content
Content creators and curators in the Hive ecosystem can earn rewards in Hive tokens as well as other tokens such as LEO by creating and curating content on the platform.
Staking and delegation
Staking Hive tokens allows you to earn a portion of the rewards from transaction validation on the Hive blockchain. You can also delegate your Hive tokens to another account and share in their rewards.
It's important to remember that all investments are risky, and the value of any investment can go up or down. Always conduct your own research and invest only what you can afford to lose.
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The Hive ecosystem allows you to earn in a thousand different ways.
However, I believe that, especially at the beginning, rather than thinking about earnings, it is necessary to think about growth in the ecosystem, to understand how it works and to accumulate.
Hive can be an excellent investment but, in my opinion, it should be seen in a long-term perspective.
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