RE: HBD Staking on VSC

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urun (69)in #hive • 3 months ago

what is the point of stacking it? I mean i did read it twice and dont see a benefit

3 months ago in #hive by urun (69)

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vaultec (65) 3 months ago

15% APR while still being transferable, or staking for RCs (without APR)

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urun (69) 3 months ago

yeah it was in the paragraph below that. I did only read, no RC but APR.

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l337m45732 (74) 3 months ago

There's a couple reasons

sHBD can move freely on VSC, opening doors for DeFi opportunities
sHBD earns APR from savings while you can still use it (similar to liquid staking)

Having a version of HBD that can be used on VSC while staked on Hive is the advantage.

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splinterjuice (48) 3 months ago

That could be cool to do something with like dec and sHBD. Would let spl have a better stable coin pair for dec in hive.

l337m45732 (74) 3 months ago

the possibilities are endless

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urun (69) 3 months ago

Ah i get it, is below that " it generates no RC"

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