A lot of people are in search of projects to invest in so they can earn decent interest, and Hive is a blockchain that is blessed with many projects one can easily invest in and get juicy interest, although one needs to be careful and do thorough research on their one. Today I'll be sharing one project you can invest in on Hive and get juicy interest that's way more than the 20% APR interest HBD savings promises.
Image designed here
Not to be too comfortable, there have been projects that started well in this space and crumbled along the way, so one needs to be intelligent, do quality research, and understand the white paper of each project before diving into it to avoid stories that touch the heart. In a nutshell, regardless of my advice to you today, the place of personal research shouldn't be downplayed.
BRO TOKEN: The Bro token is one of the topmost layer two tokens on the hive blockchain, and I admire everything about it: the project, plans, rewards, and all that revolves around it. This is a token native to the man cave community, founded by @raymondspeaks , and although the token is quite expensive to acquire, the benefits of having it can make you earn more than half of your investment back within a year, depending on how much you invest.
Although the token costs about 11 hives each presently, I was fortunate to get some for about 3 hives a year ago, and look how high it has been. Even if I decide to sell now, I'll make more than x3 of my investment back from selling, but I'm not selling because holding is another way to earn. With just 210 Bro tokens that are worth $682, I'm earning $0.9 daily via upvote from @brofi on my first post on a daily basis, this reward is beneficial to Bro holders who post daily. That means if I earn $0.9 X 365 Days = $328.5, I'll have nothing less than $164.25 after curation reward in just one year. That's a decent investment, and I can tell you without a doubt that it yielded more than the 20% APR interest HBD savings promises.
https://files.peakd.com/file/peakd-hive/vickoly/23wWkWMN6uPXQZ3RrAg6KnGUQ7VGeDohM6nF5Ff36dA2dmnxsx6uXHEYRr8HL7v6LLPk6.png Image is a property of @brofund here
And that's just about it, there are still weekly div we Bro token holder get on a weekly basis, I can also remember when the Man Cave launched a new token that goes by the name Legion, or better yet, LGN. We Bro holders were earning the LGN as a dividend for holding Bro. LGN at the time was worth one hive each, and I was earning nothing less than 1.1 LGN daily for a good 5 months before the div was brought to a halt.
That's about all I have to say about my investment advice to you today. I hope you've learned a new thing and will hopefully act on your findings and come onboard as another Bro token holder to enjoy all the benefits it promises.
That's about all from me to you today, have a prosperous dealings ahead.
Return from Hive investment that you tend to earn more than 20% APR interest on HBD savings to vickoly's Web3 Blog
