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RE: CrossFit Over the Weekend

in EXHAUST3 years ago

Looks like you're getting the hang of posting. The first earnings you get, you'll want to stake to build your ability to post more and increase the value of your upvote for curation sake (curation is when you upvote on someone to tell the rest of Hive it's a post worth looking at. You get half and they get half, so both win).

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Is there a guide on how/where to stake? Is that the HBD received?

This is according to me and others can correct me if I'm wrong... you get paid out in hbd and hp, typically. HBD can be converted to Hive. HBD is supposed to be the dollar of Hive and represent about $1USD, but it rarely is. You can save it, which locks it until you want to unlock it... when you unlock it, it takes 3 days to release (prevents someone from having your account and stealing it- highly unlikely) and it earns you interest- about 10%right now, I believe, while in savings mode. Otherwise, you can exchange it for Hive and it takes a couple days to convert over, or you can transfer it to an exchange and sell it, like I do.

Awesome, thanks for explaining! I was going to be asking my friend more about that part this week since I saw I had a small amount of HBD, so this gives me some good info

This is a solid explainer, but substitute the word STEEM with HIVE

Thanks Jagoe, I’ll take a look at that video tonight. I appreciate all the assistance!

Staking Hive increases your vote's value and therefore your visibility on Hive. Also, you can delegate hp to others, like I'm doing to all my family members who have joined Hive to help them get their feet wet. I also lease my hp on dlease for a return around 13% at the moment. Some groups will pay you for delegating to them directly and they usually tell you at the bottom of their posts. @curie is an account that curates content and when you delegate to them, I think you get some of the proceeds from their custom dependent on how much you delegate to them.