Was browsing thru Binance and realised that in the EARN section, HIVE is accepted with a 10.29% APY est. Even though I would not stake it in Binance, I was just wondering when did this feature came about ?
On HIVE .. only around 2.87% if it just sits there and do nothing. And perhaps you can boost it up further 6-8% by following trails and such.
Really interesting times. Would you stake it on Binance ?
Posted Using InLeo Alpha
Not your key, not your coins.
true .. but you do wonder how they actually get that 10% APY right seeing that they don't do any activities on HIVE
It's a opportunity, nevertheless, when considering privacy and safety you'll have to depend on the Binance team.
Interesting I wonder if Binance is curating on Hive or delegating to a project that does. I have sure someone will be investigating that. If they don't interact with stake I don't know where the interests paiement would come from.
You would still make more curating with our own coins on chain so I don't see the reason to use Binance for stacking if the powerdown length is the same. The only killer feature would be collaterize loans with staked Hive.
yea since they launched their unified wallet, it is possible that they want more people to get rekt on their exchange by providing such clickbait incentives