Hey All,
I’m really proud of creating this image. Isn’t it fantastic to see our favorite #HIVE token showcased alongside digital gold - BTC [Bitcoin] and real GOLD, symbolizing growth and strength? Do you love this image too? If yes, share it on your socials and spread the buzz.
If I were to summarize this image in simple words then it would be::
***Fiat bleeds value Bitcoin grows value Gold holds & grow value
HIVE follows Simple math i.e. - Earn + Stake + Repeat***
HIVE - The Power of Compounding on Blockchain...
There are a numerous way where one can grow their #HIVE holdings and maximize long-term benefits. Starting from author rewards, to curation and not to forget the HIVE POWER Staking rewards provding an 3% APR. Another important point to note here is that the APR [Annual Percentage Rate] for staking HIVE varies depending on how you utilize your staked HIVE aka HIVE POWER. While staking and actively curating content on the Hive platform can yield up to around 10% APR. Lets now have a look at the power of compuding benefit on blockchain that HIVE provides. In our example we are going to take 200K as HIVE POWER and an APR of 3% - how much HP is added in a day and then compunding it to showcasing how HP is being built in a month without doing anything.
Day-wise compounding rewards table for 200K HIVE at 3% APR over 30 days
Day | Daily Reward (HIVE) | Cumulative Reward (HIVE) |
---|---|---|
1 | 16.1973 | 16.1973 |
2 | 16.1986 | 32.3958 |
3 | 16.1999 | 48.5957 |
4 | 16.2012 | 64.7969 |
5 | 16.2025 | 80.9994 |
6 | 16.2038 | 97.2032 |
7 | 16.2051 | 113.4080 |
8 | 16.2064 | 129.6150 |
9 | 16.2078 | 145.8230 |
10 | 16.2091 | 162.0320 |
11 | 16.2104 | 178.2420 |
12 | 16.2117 | 194.4540 |
13 | 16.2130 | 210.6670 |
14 | 16.2143 | 226.8810 |
15 | 16.2156 | 243.0970 |
16 | 16.2169 | 259.3140 |
17 | 16.2182 | 275.5320 |
18 | 16.2196 | 291.7520 |
19 | 16.2209 | 307.9730 |
20 | 16.2222 | 324.1950 |
21 | 16.2235 | 340.4190 |
22 | 16.2248 | 356.6440 |
23 | 16.2261 | 372.8700 |
24 | 16.2274 | 389.0980 |
25 | 16.2287 | 405.3270 |
26 | 16.2300 | 421.5570 |
27 | 16.2313 | 437.7890 |
28 | 16.2327 | 454.0220 |
29 | 16.2340 | 470.2560 |
30 | 16.2353 | 486.4910 |
By the end of 30 days, one would earn about 486+ HIVE with daily compounding. This is all the FREE #HIVE coming in doing nothing. Isn't this great? What do you guys have to say on the same. Let's now add the curation rewards, assuming a 7% APR. I am taking a slightly lower number to be conservative and realistic, so the calculation reflects a decent number rather than showcasing numbers which can be debatable. So keeping it SIMPLE... here is the math done and the following table showcasing the full 30-day HIVE growth table with 3% staking APR and 7% curation APR, showing daily compounding, daily staking & curation rewards, and cumulative rewards.
Day | Balance (HIVE) | Staking Reward | Curation Reward | Daily Total | Cumulative Rewards |
---|---|---|---|---|---|
1 | 200,054.79 | 16.44 | 38.35 | 54.79 | 54.79 |
2 | 200,109.59 | 16.45 | 38.36 | 54.81 | 109.60 |
3 | 200,164.40 | 16.45 | 38.36 | 54.81 | 164.41 |
4 | 200,219.21 | 16.45 | 38.36 | 54.81 | 219.22 |
5 | 200,274.03 | 16.46 | 38.36 | 54.82 | 274.04 |
6 | 200,328.86 | 16.46 | 38.37 | 54.83 | 328.87 |
7 | 200,383.69 | 16.46 | 38.37 | 54.83 | 383.70 |
8 | 200,438.53 | 16.46 | 38.38 | 54.84 | 438.84 |
9 | 200,493.37 | 16.47 | 38.38 | 54.85 | 493.69 |
10 | 200,548.22 | 16.47 | 38.39 | 54.86 | 548.55 |
11 | 200,603.07 | 16.47 | 38.40 | 54.87 | 603.42 |
12 | 200,657.93 | 16.48 | 38.41 | 54.89 | 658.31 |
13 | 200,712.80 | 16.48 | 38.42 | 54.90 | 713.21 |
14 | 200,767.67 | 16.48 | 38.42 | 54.90 | 768.11 |
15 | 200,822.55 | 16.49 | 38.43 | 54.92 | 823.03 |
16 | 200,877.44 | 16.49 | 38.44 | 54.93 | 877.96 |
17 | 200,932.33 | 16.49 | 38.45 | 54.94 | 932.90 |
18 | 200,987.23 | 16.50 | 38.46 | 54.96 | 987.86 |
19 | 201,042.14 | 16.50 | 38.47 | 54.97 | 1,042.83 |
20 | 201,097.05 | 16.50 | 38.48 | 54.98 | 1,097.81 |
21 | 201,151.97 | 16.51 | 38.49 | 55.00 | 1,152.81 |
22 | 201,206.90 | 16.51 | 38.50 | 55.01 | 1,207.82 |
23 | 201,261.83 | 16.51 | 38.51 | 55.02 | 1,262.84 |
24 | 201,316.77 | 16.52 | 38.52 | 55.04 | 1,317.88 |
25 | 201,371.72 | 16.52 | 38.53 | 55.05 | 1,372.93 |
26 | 201,426.67 | 16.52 | 38.55 | 55.07 | 1,427.99 |
27 | 201,481.63 | 16.53 | 38.56 | 55.09 | 1,483.08 |
28 | 201,536.59 | 16.53 | 38.57 | 55.10 | 1,538.18 |
29 | 201,591.56 | 16.53 | 38.58 | 55.11 | 1,593.29 |
30 | 201,646.54 | 16.54 | 38.59 | 55.13 | 1,648.42 |
Total Rewards i.e. Staking + Curation = 1,648+ HIVE Do you guys see the point which I am trying to make here. A larger stake as HIVE POWER is in a auto compunding mode generating #HIVE for your every single minute and the beauty is doing a very minimal work. And just imagine what it would look like when HIVE is trading around $1+. That would be roughly ₹1.5 lakh INR, and I can take this as my long-term pension plan. In all there are endless opportunities that HIVE is creating it is just that one need to see it with an OPEN eye and work on a clear plan to maximize their potential. Ok this should be it for todays post on - "#HIVE – Simple Math - The Power of Compounding on Blockchain..." Let me know your views in the comment section below.. Happy Investing.. #HIVE to the moon sooon.. cheers
Best Regards Paras
Posted Using INLEO