Micro-Investing on Hive: Comparing BBHO, HBD, and Hive Engine APRs
A $266 investment in BBHO is earning approximately 3 HIVE per day. $266 is equivalent to 16,249.00 PHP. 1 HIVE is now worth $0.05. 3 HIVE, therefore, is equivalent to $0.15. That's 9.16 PHP daily.
A 16,249.00 PHP investment in BBHO is earning 9.16 PHP daily. In a month, that's 274.00 PHP. In a year, that's 3,297.60 PHP. Add this annual yield to the capital; the total is 19,546.60.
If my computation is accurate, the APR is 20.29%. This is higher than HBD's 12% interest and HIVE's current APR at 14.75%.
How about the APRs in Hive Engine's liquidity pool? Since I am more familiar with the CENT pools, I just want to compare the APRs of all these micro-investment opportunities on Hive.
| Pool | Total Liquidity | Current APR | Shares in USD and % | Goal |
|---|---|---|---|---|
| SWAP.HIVE:CENT | $1,139 | 52.68% | $5.339/0.458% | $50 |
| CENT:POB | $208 | 30.74% | $2.977/1.369% | $20 |
| CENT:TRIBE | $241 | 19.77% | $13.082/5.29% | $20 |
| CENT:BEE | $522 | 21.04% | $5.377/1.005% | $30 |
| SWAP.HIVE:TRADE | $104 | 66.57% | $1.998/1.864% | $5 |
| CENT:SWAP.USDT | $68 | 129.46% | $1.313/1.863% | $5 |
| SWAP.HIVE:TRIBE | $132 | 43.99% | $6.609/4.867% | $10 |
| CENT:TRADE | $173 | 51.23% | $1.187/0.668% | $10 |
| CENT:SHORT | $354 | 86.62% | $5.178/1.427% | $20 |
| SWAP.HIVE:SHORT | $119 | 72.49% | $2.442/1.997$ | $10 |
The total micro-investment is $180 once the goals are reached. Currently, my total position is only $44.98.
The above figures are speculative. I am aware of the character of liquidity pools. If the price of HIVE and Hive Engine tokens in the above table continue to fall, the value of my micro-investment will also suffer loss. I have no problem with that. That's the good thing with micro. There is nothing to worry about even if you lose the money you invested.
As for the above pairs, it is interesting to observe that CENT:SWAP.USDT has the highest APR and, at the same time, the lowest in terms of total liquidity. In my list of priority pairs in the coming days and weeks, I am thinking of adding more liquidity to my top 5:
- CENT:SWAP.USDT
- CENT: SHORT
- SWAP.HIVE: SHORT
- SWAP.HIVE:TRADE and
- SWAP.HIVE:CENT
Awesome Fracking Sauce. !BBH
Some L2 tokens like BBHO and CENT provide good returns 😀
Yes. I've been holding CENT for 5 years now. BBHO is just a recent discovery.
!PIZZA !LOLZ !BBH
Update: @rzc24-nftbbg, I paid out 0.249 HIVE and 0.000 HBD to reward 2 comments in this discussion thread.
$PIZZA slices delivered:
@rzc24-nftbbg(3/10) tipped @logen9f
Learn more at https://hive.pizza.
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