Let us talk about the most debated topic of the day in the Hive community - savings in $SURGE or HBD. Having been around for some times now on Hive blockchain, I have seen the maturity of our economic instruments, and today I would like to help you understand why $SURGE might be the better option for your portfolio.
Let's orient ourselves first. HBD (Hive Backed Dollar) has existed ever since Hive's time. It is our native stablecoin that has been designed to maintain a stable $1 value through internal workings of the blockchain. Most of us have been accustomed to HBD, and most especially its attractive 15% saving rate. It is that reliable old friend who has always been present.
But LeoStrategy added something new and innovative to the LEO ecosystem today, which is called $SURGE. View $SURGE as the next evolution of yield-generating assets in Hive. It is not trying to replace HBD; instead, it is offering something different; a perpetual preferred token that offers both downside protection alongside real upside potential.
That's how $SURGE is unique. While HBD is sure to stay at $1, $SURGE has a $1 floor price but can appreciate in value. In the presale, you can buy it at $0.85 per token and achieve an effective yield of 16.67%. That's more than HBD's 15% savings rate by itself, but it's just the beginning.
The actual magic of $SURGE is in its conversion capability. Your 50 $SURGE tokens can be converted to 1 $LSTR (LeoStrategy) token. So when LSTR's price increases to above $50, your $SURGE tokens are more profitable. Suppose $LSTR reaches $100 - now your $SURGE tokens are worth $2 each. Attempt to get that kind of return on HBD.
LeoStrategy isn't tossing around fluffy features. They are creating something real. Each $SURGE token they sell contributes towards them purchasing additional LEO tokens, which they stake forever. This forms a self-reinforcing cycle since the value of LEO increases, so does the potential value of your $SURGE tokens.
Think of it this way: HBD is a bank savings account in your local bank; stable, predictable, but limited. $SURGE is more like an equity high-yield savings account. You get your weekly payout in HBD (or LSTR if you prefer), but then you also have a ticket to ride on the expansion of the LEO ecosystem.
The best thing about $SURGE is that your loss is hedged. Even in the worst-case scenario, $SURGE maintains its $1 liquidation preference. That's your safety net. And unlike HBD, where it can never sell for over $1, there's no ceiling on how much value $SURGE could potentially one day increase to.
For the veterans who have been with Hive for a while, this is a chance to diversify your gameplay. You can put some of your HIVE earnings or take some gains from your crypto profits (whether it's LEO, BTC, or ETH) and put them into something that gives you stability as well as growth opportunities.
Here's the run down: HBD served its purpose well as Hive's stablecoin. But $SURGE is the next iteration of yield-bearing assets on Hive. It is not just about making money anymore, it's about being part of the whole LEO ecosystem growth and hedging your downside.
If you are still only investing in HBD for yield, you might have to change your strategy. $SURGE does everything HBD does; stability, regular yield payouts, plus potential real capital appreciation through its $LSTR conversion mechanism. In the crypto world where value is created by innovation, $SURGE is a product made after careful thought that brings everyone's interests into conjunction, yours, LeoStrategy's, and the whole LEO ecosystem's.
The decision is obvious. Although HBD will remain Hive's stablecoin, $SURGE provides a more advanced and potentially more lucrative choice for yield hunters. Don't miss this chance to be a part of the next chapter of the LEO ecosystem.
Ready to make the switch? The presale price of $SURGE is at $0.85 at the time of writing and this price will not last forever. Now is the time to act.
Posted Using INLEO