pHBD Investment:
This is a great time for investment. Everyone knows that cryptocurrency rates are low these days. Hive, which was at 1.21$ , is now down to 0.85$ and now there are better investment plans available.
The best investment right now is pHBD. pHBD is a wrapped version of HBD that the LeoFinance team deployed on the Polygon network. Along with this launch, it s listed pHBD-USDC as a liquidity pool on the Sushiswap decentralized exchange.
You can check the Tweet of @leofinance 3 days ago.
Try to Understand that pHBD-USDC pays a higher APY than native HBD staking. If you stack HBD then you get 20% but if you wrap up you HBD into pHBD then you get 58% which is 3 times high than native HBD staking.
The reason for this high APY is to incentivize HBD liquidity to enter this pool. Building deep HBD liquidity is incredibly important for the future adoption of the Hive ecosystem.
What the @leofinance need from Hive Community?
They need from the Hive Community and Ecosystem now is liquidity for pHBD. They need as much HBD as possible to flow into the pHBD-USDC pair.
Providing HBD Liquidity on pHBD-USDC is The Smartest Thing we Can do to Moon Hive.
HBD is a stable coin. If you get 58% APY on a stable coin then I think it is a best investment. (Annual percentage yield (APY) acts as a cryptocurrency savings account similar to an annual percentage rate (APR) account. You may deposit your bitcoin (or another crypto asset) and receive a fixed rate of return over a specific period of time.)
- There is no deposit fee for depositing liquidity in pHBD-USDC (for the time being, to incentivize early liquidity providers)
- The pool is currently $238k which allows some smaller TXs around $500-$1000 to be pushed through with minimal slippage. More liquidity will allow a lot more DeFi users to leg-into an HBD position
What do you do now ?
- You can Purchase Hive on any Exchange you want. Man himself does what he believes to be right. No one wants to waste their money. Actions Speaks louder than words.
I myself have bought Hive for Rs. 50,000 today on Binance Crypto Exchange and here is the proof.
Once you have Hive in your wallet then convert them into HBD.
Wrap HBD into pHBD. You can seamlessly wrap and unwrap HBD using https://wleo.io/hbd
Provide pHBD - USDC liquidity on https://polycub.com/farms
Earn 58% APR for doing so + know that you're one of the first people to seed deep liquidity for HBD and that means that you are playing a vital role in building the Hive ecosystem.
Thank you very much for your attention. It is my duty to tell others what I think is best. Now consider for yourself. I hope you enjoy investing in pHBD.
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