The Hive Specialist & Earning Yield Within The Hive Ecosystem

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12 Sept 2024

Starting Small
Many newcomers to Hive, and even Crypto in general, miss out on yield-generating opportunities because they are initially interpreted as insignificant. However, many of the larger Hive accounts were once nothing more than a couple of HP. The concept of compounding and ever-increasing yield work together as a synergetic force. Eventually, growth becomes increasingly significant. I will be the first to admit that the initial stages are challenging.
Whether you are building a Hive account via content creation, curation, or other yield-generating opportunities such as delegating your HP to @leo.voter, the initial stages are slow and challenging. However, the ongoing discipline and consistency eventually produce results that were initially viewed as unattainable. I am constantly amazed by accounts that have surpassed 100K HP solely by engaging on Hive.
These accounts have been built up over time… and yes, it has taken years for these account holders to realize these results. How have they achieved such significant results? By simply utilizing and maximizing the models that exist within the ecosystem. Outside of deploying enormous amounts of cash in the form of Hive to gain larger yields, the greatest form of yield generation is content creation.
The Hive Specialist
A handle on Hive that becomes synonymous with excellence, knowledge, and consistency eventually enjoys the lion’s share of the daily inflation distributed within the ecosystem. This is the Hive Specialist, who produces great content and curates additional content published on-chain. Furthermore, curation APRs are maximized through daily and extensive curation across the ecosystem.
The delegation of HP to @leo.voter is another avenue to increase yield, as the return is higher than those of active curation endeavors. Yet another avenue is the referral program on Hive’s layer 2, INLEO. Each referral can generate as much as $50 and there is no cap regarding referred users. These are all ways the Hive Specialist builds a Hive account of relevance, influence, and profitability.
Yes, it’s a long road… it’s a tough road, and gaining initial traction can be challenging. The current price of HIVE is beneficial as it’s more easily earned and acquired. Maximizing the yield-generative aspect of the Hive ecosystem will put you on the right track to eventually becoming a Hive Specialist. HBD is another great opportunity despite the reduction in the APR rate from 20% to 15%.
Compounding and growing yield-generating allocations and opportunities is like a self-fulfilling prophecy. Eventually, these compounded gains take on a life of their own. When you consider that HIVE is trading near its all-time low, an altcoin season will perform miracles for Hive-based yield-generating portfolios. Shifting between protocols within the ecosystem at opportune times is another great idea.

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Final Thoughts
Capital rotation within the Hive ecosystem is a topic I wish to address in a future article. Generating yield is great. However, how you go about it can significantly adjust your returns. Dipping your toes into the world of Hive and yield generation is the first step, and one anyone can begin working on. Remember, inflationary-based income models are the new bread and butter. See you next time!

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Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.