Hey @palimanali , thanks for being here! Great question and one I did not address it in my guide, good catch.
From the official hive.blog FAQ:
"Your savings balance is HIVE and HBD tokens that are subject to 3 day withdraw waiting period. This is an extra security measure in case your account credentials are compromised."
Just like in the quote above, I've seen no mention of anywhere interest being paid on Hive, except in regards to Hive-Backed Dollars (HBD)... so my current understanding (and conclusion) is that interest is only earned on HBD savings, but we'd probably need to consult more established Hivers than me to get a definitive answer. Possibly TheyCallMeDan, Acidyo, or even @antisocialist .
Thanks for the kind words about my work! Cheers! 🙏
Hive power has an adjustment applied to it that resembles interest, but is not.
It comes from the inflation directly.
I think it gets 15% of the inflation.
The rest goes to witnesses, the reward pool, and the dao.
This inflation is reflected in the hive per mvest ratio.
Hbd interest is in addition to the other inflation, and only paid on hbd in savings accounts.
As usual, fantastic clarity delivered by you, good sir. Thank you for helping out. I should swing by lol, trust your meme game remains on point. :) Anyway, wishing you a great day! 🙏
Information wants to be free,...
Indeed, and in this internet age, there's more free info available than ever before. #Abundance :) 🙏
Thks @antisocialist. So there is no inflation nor intetest when the liquid Hives are moved to "savings"?
It confused me because they appear in the same account, like this:
Then.. I don't see much use in having hive in saving account.
Thks again!
Afaik, there is no interest on hive in savings.
Hive is meant to be traded, or powered up.
Powered up it loses less to the inflation.
In savings it is diluted at whatever the current interest rate is, that decreases each block and is around 8.5%.
When trading, you should make enough to cover the loss to inflation.
Clear as water now!
Thks @ryzeonline, didn't know about FAQ in hive.blog. Ok, so it seems there is no other matter to Hive savings more than a security thing.
Cheers, read you around!
Happy to help, and antisocialist cleared things up even further. Yep, Hive Savings is mainly a security thing, HBD savings does indeed earn interest. Cheers! 🙏