Stake BTC and get 60% APY on HARD Protocol.

Disclaimer: I'm a dirty shill who owns HARD as one of about 20 cryptos I'm holding, the majority are DEFI coins and HARD is one of the DEFI projects I think is yet to jump but will. At least I admitted shilling it straight up. Let's be fair though, I'm not expecting a post on BHW to pump the price of HARD 5X overnight, so I'm a shill more by coincidence than malice.

For anyone that's heard about DeFi you'll probably know that the reason it took off in August last year was because of the extremely high APY's that users could get by staking cryptos.. a lot were at 200%, 300% etc which was enough for big investors to take note, and here we are.

For anyone that's been paying attention recently in the DeFi space, you'll see that almost every well known DeFi token has gone gangbuster.. some are still going mega gangbuster.

The thing they all have in common is that they are all ERC-20 Ethereum-based cryptos, which means it's not surprising they've taken off being that ERC-20 is the center of the crypto industry and has been for a long time.

So I went scouting for DeFi coins that haven't taken off yet and found HARD and their parent project KAVA. I'm not going to talk about the price of HARD or KAVA, but instead the benefits of staking on HARD.

Right now, you can get 60% APY on staking BTC on HARD - that's because unlike all of the DeFi platforms that have taken off, HARD is not ERC-20, and is actually a cross-chain DeFi platform.

That means you can stake BTC directly, ETH directly, XRP directly.. all without them needing to be wrapped first, as is the case with a platform like AAVE for eg.

The caveat to this is that there are two options: claim your staking earnings after 1 months, or claim them after 12 months.

If you claim after 1 month you get 20%, not 60%. If you claim after 1 year you get the full 60%. The risk there is that the bull run ends in December, and the price of HARD (which is what you're paid your earnings in) drops after the end of the run. But if HARD does 10X by the end of the year (as I think it will) even if it does drop, you'll still get over 60%.

That's because if the price of HARD doubles by the time you get your earnings, you'll get 120% APY, not 60%. If it goes 10X and you can cash out then, you'll get 600% APY, not 60%. If it dumps after the run and you sell out at the exact price it's at now, you'll get 60% for the year.

All of the BTC (or whatever asset) you stake, you can withdraw whenever you want and do with as you want. It's only the staking earnings that either take 1 month or 12 months to get.

** There's always risk with any crypto investing, but DeFi is an experimental area of the crypto market where all sorts of weird shit could happen that people haven't fully mapped out yet. Consider that before investing in anything in the DeFi space **