HBD Interest Payments for April 2025

I am really glad April is over, and excited about new beginnings in May. Although it only had 30 days, it was a super busy month. I wasn't even able to write a single post since the last HBD interests payouts update. I am planning to get back to more regular flow of participating in the network. Crypto world, and entire global economy was busy as well digesting the whole tariffs situation. Prices went down, prices went up. Markets are still trying to figuring out what will come next. I am optimistic for bitcoin and crypto. I believe it is time for bitcoin to reclaim 100k and continue moving forward.

Among the positive things April brought for me was finally reaching 200k+ Hive Power. I see great value Hive brings to the internet, and building HP is one of the meaningful way of participating in decentralized systems. How did this happen?, you may ask. My answer is simple, HBD. At the end of the last year around Christmas time I powered down 1/3 of my HP and I bought back the HBD I sold a year before. I ended up with even more HBD than I originally sold. I wasn't able to sell Hive at it highest. In fact, I sold when it just started going up at various prices. The goal was to buy back Hive when things slow down in crypto. It didn't take too long for crypto prices to drop. Hive's price dropped as well. This was a great opportunity to buy back Hive and power up. The result is 212k HP.

I have always said HP is the goal and HBD is a hedge. What good is a hedge if you can't use it as such. It is great to earn 15% APR, but it is even better to build HP and participate in the decentralized system. 15%-20% APR does make this system work better. Because while HBD is held as a hedge, it is still earning which helps gaining eve more HP. Will I sell Hive and buy back HBD? Absolutely! If opportunity arrives, why not? However, I plan to always maintain decent amount of HP. Slight problem with selling and buying HIVE/HBD in the internal market is the liquidity. It requires patience and many smaller transactions. And it works just fine.

Hive continues to pay 15% APR for all HBD held in Savings. This is awesome. HBD interest payments are very useful, and provide alternative investment mechanisms for the network participants. It also adds game theory into the mix, and makes it more interesting choosing Hive, HP, or HBD as an investment asset. Ever since HBD interests were activated I have been monitoring and publishing the numbers regarding the accounts and amounts receiving the HBD. The progress has been very interesting at different times. It is time to look at the numbers.

Numbers for April have not changed much compared to the last month. Things seem to be stable. Speaking of being stable, HBD has been performing amazingly well as an algo stablecoin. Just like a magnet the price of HBD is pulled to $1 USD every second it tries to go higher or lower than $1. It has been super impressive. If you don't count the single anomaly of price going significantly higher than usual when a new token with a same ticker symbol was introduced in one of the exchanges, price of HBD has been very stable and pegged to USD for a very long time. It just works!

Participation is important, and those who participate in Hive and financial instruments like HBD are the ones who actually prove the use case and value of these assets. While we haven't seen massive adoption of HBD by new investors, HBD continues to be a choice of investment or savings for a decent number of Hive participants. Due to the limit of characters one post can have, I can only share payments for top 650 HBD interest payment recipients.