HBD Interest Payouts for April 2021

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hbd_interest_april.png

Interest payouts on HBD (Hive Dollars) is one of the Hive features. To implement that there is no need for a hardfork. Witnesses can simply change the parameter for this to happen. A couple of months ago witnesses decided to start issuing 3% interest for HBD held in accounts. I wrote in more details the reasons for that along with the top 100 HBD interest payouts for March 2021 here. Feel free to read the post to compare the payout data between March and April.

For the most part results are similar.

In March total of 10429.131 HBD was paid out to 6486 accounts.

In April total of 12208.585 HBD was paid out to 7106 accounts. There were 215 accounts that received 1 HBD or more which totaled to 11745.403 HBD.

Some accounts received more than one payout, because payouts go to HBD held as liquid and also HBD held in Savings.

In the next hardfork (HF-25) this is going to change. After this next hardfork, interest for HBD will only be issued for the funds in the Savings. To learn more about reasons why these changes will be taking place you may want to read the post by Blocktrades and the conversation in the comments - Proposal to make HBD interest payable only to savings accounts. Also, in one of the latest updates Blocktrades indicated that they have finished and tested the code for this change. It is also possible that the interest paid will be increased once these changes are implemented after hardfork-25.

Comparing the data for interest payouts for March and April we can see in April total HBD interest payout was higher. The top recipients were the same exchanges like Upbit, Bittrex and Hive Decentralized Fund (hive.fund).

Normally liquid assets like Hive or HBD are held in exchanges for various reasons. So, I thought such financial incentives could attract more exchanges to list these assets. Because blockchain would pay them in interest payout just for letting users to trade on their platform.

After HF-25 this will not be possible for exchanges to do, unless they choose to move some of the assets to Savings. Moving assets to Savings wouldn't be unusual for exchanges either. Because some exchanges utilize cold storage for security purposes and depending on the trade volumes and liquidity of assets. With HBD being limited in supply, I doubt exchanges will use Savings.

Top 100 HBD Interest Payouts for April 2021

#NameAmountDate
1upbitsteem4406.09302021-04-07 13:43:45
2hive.fund4120.12302021-04-12 19:31:45
3bittrex1112.55902021-04-11 19:46:39
4hot.dunamu513.11302021-04-15 06:20:06
5mika150.10402021-04-01 04:15:18
6qualiaspace149.24902021-04-01 15:34:39
7mambaman144.75102021-04-18 09:27:51
8qualiaspace140.91102021-04-01 15:24:09
9user.dunamu105.52502021-04-17 06:30:21
10deepcrypto865.43602021-04-05 08:58:06
11roused55.88802021-04-30 08:51:18
12gopax-deposit43.36302021-04-11 13:21:48
13teamsmooth-mm34.51302021-04-25 18:28:33
14lordbutterfly30.80802021-04-08 21:04:21
15sterlinluxan30.10002021-04-02 15:17:09
16peak.fund20.73502021-04-15 09:23:12
17thescubageek17.55202021-04-06 20:32:45
18socialspace15.70402021-04-03 12:40:12
19bottomless190514.46002021-04-08 20:18:42
20carnelian14.24002021-04-05 06:04:15
21lordvader13.67502021-04-18 20:29:03
22synace11.06402021-04-08 00:41:33
23reggaemuffin10.98302021-04-12 14:44:03
24nyctoinc10.57802021-04-15 23:37:24
25anneporter10.39202021-04-08 08:13:42
26nickjon10.16202021-04-04 07:36:18
27coindeskkorea9.31302021-04-20 16:55:51
28datageek8.94302021-04-24 17:01:27
29keykey8.74302021-04-22 10:26:03
30jayclar308.69002021-04-06 05:29:12
31ssjj93668.08302021-04-01 00:33:30
32gooddream8.01502021-04-21 03:31:33
33masonmiler7.81402021-04-11 19:37:45
34orientalhub7.71102021-04-21 14:32:24
35peak.proposals7.45302021-04-03 20:29:51
36lindagee7.39702021-04-05 22:39:42
37steemama7.21302021-04-04 12:26:45
38jarvie6.74302021-04-04 11:14:21
39teamsmooth6.69902021-04-02 01:24:06
40albagargon6.33402021-04-04 06:54:48
41tikotiko6.26302021-04-08 15:30:27
42keychain6.12002021-04-24 08:29:57
43sports-bong6.05302021-04-30 06:25:24
44roballendematera6.04102021-04-13 12:25:42
45munmunbiswas6.01902021-04-03 19:34:30
46tribedownsouth5.97302021-04-30 10:05:51
47graphene-swap5.59002021-04-16 05:00:24
48inertia5.43402021-04-15 01:29:54
49blocktrades5.26202021-04-10 23:51:48
50orukpeyendis5.23402021-04-12 09:27:33
51fataelrumy5.23202021-04-05 15:58:54
52drsupriya185.17202021-04-03 19:30:15
53infamousit5.06002021-04-07 10:58:51
54herkesegorunmez5.04902021-04-17 00:54:00
55benkalashnikov4.92502021-04-03 11:38:03
56photomatcher4.69902021-04-08 15:14:45
57allfabeta4.68702021-04-15 17:48:33
58tombstone4.42802021-04-20 15:30:12
59dragonslayer1094.38502021-04-26 19:35:30
60soundbath4.26802021-04-09 02:08:30
61muhajir.juli4.20002021-04-16 08:26:39
62tendershepard4.18702021-04-17 23:23:54
63pradeepdee64.14002021-04-28 12:41:09
64woodrow4.05002021-04-07 00:34:57
65rawadventuress3.98102021-04-07 17:06:03
66cooknbake3.92202021-04-02 09:16:27
67devineyes3.62902021-04-05 12:38:03
68goldrooster3.60502021-04-24 12:23:24
69hanshotfirst3.54802021-04-18 20:29:03
70ecency3.54002021-04-15 09:29:54
71bycz3.32702021-04-28 07:20:45
72coruscate3.28302021-04-07 20:58:45
73probithive3.20402021-04-14 14:06:57
74gabrielmiswar3.13502021-04-16 03:27:00
75look4balance3.10802021-04-11 12:08:09
76cabelindsay3.03002021-04-27 15:51:30
77sevinwilson2.93002021-04-16 20:13:33
78ashfia2.86402021-04-05 16:10:57
79ijas.jaswar2.82802021-04-19 17:23:48
80pablocordero2.79602021-04-11 01:24:15
81ionomycold2.70802021-04-14 16:07:30
82eonwarped2.70602021-04-26 13:58:09
83milutin20162.69702021-04-18 13:38:48
84thehomeschoolkid2.66602021-04-09 14:16:51
85nostalgic12122.57902021-04-18 00:46:15
86playfulfoodie2.57002021-04-06 12:17:48
87zoltaburza2.54002021-04-16 18:39:03
88oleksandr2.50502021-04-20 07:02:42
89brucebrownftw2.48802021-04-20 17:36:36
90enginesupport2.45502021-04-02 02:25:33
91laki872.32702021-04-14 09:04:51
92detlev2.29702021-04-25 18:51:36
93platinum-blue2.28902021-04-19 14:50:30
94hhtb2.27802021-04-19 18:54:36
95anneadam2.23402021-04-05 09:15:42
96hisc2.23102021-04-01 06:17:42
97bxt2.21902021-04-27 12:47:57
98daisyrose2.18402021-04-01 15:58:06
99promote.helper2.17902021-04-05 06:40:06
100steembasicincome2.17502021-04-27 16:47:36

Above data was obtained using HiveSQL.

Posted Using LeoFinance Beta



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14 comments
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Thanks for gathering all of this together! It was informative, I did notice the 3.00% icon on peakd but I didn't know how it worked and why it was implemented.


Posted via proofofbrain.io

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Should probably set this to 0 until the new fork is in place to make it exclusive to the savings account. No reason to hand so much out to exchanges for basically nothing.


Posted via proofofbrain.io

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Yes, makes sense. Extra work for witnesses though.

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Hardly any "work". The alternative imo would be to use this information to pitch to exchanges that they should list HBD

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I tried a little on Twitter. I left a comment for Coinbase and Binance. I was surprised to see that Binance only lists Hive and not HDB. HBD supply is small, I doubt they would be interested in these small amounts. But would be a good passive income for them. There is no point of telling them now, since changes will be happening soon.

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I think it would be interesting to see the list after the changes are made. At least we would be able to see who really needs liquid HBD and who wants to save it.

Posted Using LeoFinance Beta

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It will depend on how high new APR will be. We will know more after the hard-fork.

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