![mayhbd.png](https://images.hive.blog/DQmQak9NGNGDD8dCB1MNVXLds2ANBGWrj6L61QUQiAJLM6u/mayhbd.png) Summer is here! Time flies! I think this summer is going to be amazing. It will be great to have Covid free summer at last. I know it is still around. There was a spike with this stealth variant in May, and all of the sudden many people who I interact with ended up catching covid. I even was in close contact with some who tested positive, but I didn't get it myself. Among the people who I know tested positive for covid, were those with underlying conditions who tried their best to avoid it. Unfortunately, they did get it just recently. Fortunately, it wasn't anything serious. From what I have heard their experiences weren't as bas as common cold. Despite the stealth version is indeed operating in stealth mode, things seem to be going back to normal. No masks, no mandates, as if covid is almost gone and forgotten. Let that be true. Nobody needs any more of these variants. Summer is here. Sun is out everyday. It is green everywhere. Time to enjoy the outdoors. I wish you all the best summer. Have fun! Today's topic is HBD and interest payments on this awesome algorithmic stablecoin. Algorithmic stablecoins was the main topic in the crypto world in May, due to UST and Terra Luna fiasco. The definitely wasn't fun month for those who were invested in UST and Luna. Regardless the financial interests, it was a big lesson for everyone. These events especially made Hive community to ruminate about our own stablecoin efforts. It was only a couple of months ago when Hive witnesses decided to increase the HBD APR to 20%. Partly, these actions were motivated by the success of UST and Luna in the past. Partly, because we believe we have a better algorithm for our stablecoin. In any case, this made most of us to reevaluate our positions about the high APR, possible attack vectors, flaws in design, sustainability, etc. There were many discussions that presented how HBD is stronger stablecoin because of the protections in place to prevent events that lead to UST-Luna death spiral. Protection measures like conversion fee, haircut, ease of changing APR parameters, and more do make HBD a stronger contender in stablecoin space. But also it makes Hive a more resilient blockchain network. What hasn't stopped impressing HBD enthusiasts is how it continues to keep its peg due to high volatility in crypto market. May was definitely a test if HBD would break its peg. It has been doing great. Surprisingly, many still have not discovered it yet. Bitcoin and all other coins dropping in price significantly, showed another great use case for HBD, that is to use it as a hedge. That's an easy decision to make. Stay in the sidelines, and keep earning 20%. Brilliant! But then again, need to make decisions when to buy some other coins with HBD when prices are so low. It has been two months since APR has been raised to 20%. It is time to look at the HBD interest payments in May and what changed.

Total HBD Interest Payments & Accounts By Month

Month	Year	Total Amount	Total Accounts
March	2021	10,429 HBD	6,415
April	2021	12,208 HBD	7,106
May	2021	16,574 HBD	7,250
June	2021	38,883 HBD	7,167
July	2021	1,696 HBD	682
August	2021	5,646 HBD	1,062
September	2021	2,570 HBD	1,129
October	2021	4,914 HBD	1,239
November	2021	10,931 HBD	1,482
December	2021	19,004 HBD	1,655
January	2022	19,740 HBD	1,843
February	2022	14,775 HBD	1,654
March	2022	26,506 HBD	1,827
April	2022	35,223 HBD	2,357
May	2022	66,025 HBD	2,471

While we don't see massive interest in HBD, we do see a decent increase in total payments. Hive blockchain paid total of 66,025 HBD to 2,471 unique accounts. Total interest payments almost doubled. Number or payment recipients have increase a little bit as well. It doesn't seem like HBD and what if offers is being noticed yet from outside the Hive network. At least not yet. Maybe that is for better. More interest payments for us. :) I would prefer slow growth anyway. We aren't in a hurry. Even if outsiders are not seeing this investment opportunity yet. It does look like folks within the community do love the stable APR. As you can see from the list below, there is a new player in HBD interest space. @mika as usual remains at the top of the list. But, look at @muenchen with almost 10k payment. @alpha is back in HBD action as well. Congrats! Hive and HBD are long term investment opportunities. When all crypto prices are low, maybe most would prefer to take riskier investments, instead of low risk ones. It is great to have options and Hive does offer options.

Top 300 HBD Interest Payments For May 2022

#	Name	Amount	Date
1	mika	12428.721	2022-05-06 00:11:12
2	muenchen	9705.837	2022-05-12 13:38:00
3	alpha	4553.842	2022-05-29 21:53:39
4	p-hbd	1874.856	2022-05-20 20:33:39
5	smooth-a	1525.462	2022-05-21 08:38:18
6	graphene-swap	1433.346	2022-05-20 01:38:03
7	parkman	1412.267	2022-05-07 01:18:36
8	shitposter	1130.903	2022-05-02 03:46:30
9	fbslo	1041.863	2022-05-26 20:31:15
10	vaultec	923.576	2022-05-05 15:12:00
11	piggybox-002	861.209	2022-05-07 02:38:45
12	investegg	727.465	2022-05-11 15:05:30
13	chewsk1	656.953	2022-05-17 18:54:15
14	foreveraverage	647.088	2022-05-27 13:15:21
15	silentscreamer	645.935	2022-05-11 22:35:21
16	lordbutterfly	642.808	2022-05-15 18:30:57
17	lucius.banda	504.028	2022-05-26 12:22:54
18	cryptonized	499.606	2022-05-16 06:57:51
19	apshamilton	489.745	2022-05-29 12:38:00
20	dfund	453.258	2022-05-07 23:49:51
21	ehon	447.843	2022-05-05 01:12:27
22	piggybox-001	422.529	2022-05-04 07:24:03
23	eonwarped	382.168	2022-05-28 02:30:09
24	paleking	380.738	2022-05-27 13:42:00
25	magicmonk	374.447	2022-05-08 03:56:15
26	loanshark	350.150	2022-05-07 23:57:18
27	onthewayout	320.039	2022-05-30 22:04:09
28	peakd	314.514	2022-05-21 14:46:33
29	yunnie	308.131	2022-05-07 01:33:03
30	krasnec	299.256	2022-05-04 10:37:15
31	hiveauth	292.769	2022-05-08 17:43:21
32	inertia	276.007	2022-05-11 06:43:24
33	mistergreen	270.258	2022-05-01 06:59:12
34	stoodkev	249.780	2022-05-09 06:19:24
35	slobberchops	241.401	2022-05-09 19:45:27
36	thevenusproject	239.107	2022-05-13 10:33:51
37	konvik-cold	238.274	2022-05-20 15:21:21
38	oflyhigh	237.931	2022-05-21 13:12:45
39	sm-silva	235.980	2022-05-01 22:14:57
40	nftstudios	235.912	2022-05-20 11:08:30
41	nuttin	230.498	2022-05-01 11:34:36
42	hivefest	221.388	2022-05-09 13:13:57
43	sourovafrin	207.684	2022-05-25 15:23:15
44	funnyman	198.197	2022-05-13 04:53:45
45	prinzvalium	180.623	2022-05-05 06:19:06
46	eidolon	177.102	2022-05-23 13:00:12
47	taskmaster4450le	176.668	2022-05-21 01:28:36
48	engrave.cold	176.505	2022-05-04 15:31:18
49	goldstreet	176.154	2022-05-31 02:13:30
50	coinmint	165.488	2022-05-10 15:34:39
51	walterjay	163.113	2022-05-09 05:34:06
52	cryptosharon	161.295	2022-05-29 05:00:15
53	watchlist	155.436	2022-05-20 04:51:48
54	deanliu	152.645	2022-05-16 00:01:36
55	hiddenblade	144.607	2022-05-06 17:14:45
56	gungunkrishu	139.834	2022-05-18 08:54:45
57	yogajill	137.672	2022-05-15 13:55:57
58	hrichakar	136.620	2022-05-17 18:30:24
59	normie.fitness	130.455	2022-05-04 10:56:03
60	quochuy	125.290	2022-05-09 22:56:54
61	v4vapp.dhf	124.324	2022-05-25 19:37:21
62	namelessnameless	123.296	2022-05-16 09:39:54
63	achim03	122.635	2022-05-24 06:01:48
64	mahdiyari	121.139	2022-05-31 18:50:33
65	mistergreen	120.977	2022-05-31 17:30:18
66	city-of-dresden	120.670	2022-05-10 05:52:48
67	teammo	119.711	2022-05-16 19:35:51
68	trumpman	116.606	2022-05-13 17:12:09
69	tipu	114.260	2022-05-08 13:35:54
70	netflixr	112.654	2022-05-05 15:32:51
71	blockmine	111.970	2022-05-16 09:20:12
72	belemo	111.220	2022-05-04 19:26:03
73	santiagolaw	110.908	2022-05-30 02:53:06
74	muterra	108.738	2022-05-27 11:29:09
75	susanli3769	106.826	2022-05-28 13:55:06
76	steemaction	105.949	2022-05-30 07:30:51
77	balaz	105.425	2022-05-01 04:19:00
78	dwayne16	104.435	2022-05-15 09:25:54
79	thelittlebank	100.894	2022-05-01 17:55:24
80	borislavzlatanov	99.876	2022-05-07 18:44:51
81	osak	99.762	2022-05-04 10:34:42
82	meesterboom	98.421	2022-05-17 09:52:24
83	r00sj3	98.330	2022-05-08 10:17:51
84	geekgirl	98.174	2022-05-16 00:31:36
85	keychain	97.826	2022-05-22 07:13:42
86	zaku	92.992	2022-05-13 07:57:21
87	yann0975	92.330	2022-05-17 15:36:39
88	scottcbusiness	88.355	2022-05-10 17:43:57
89	mrpointp	88.299	2022-05-28 05:13:30
90	lunaticpandora	86.908	2022-05-05 17:53:12
91	goldstreet	86.809	2022-05-01 02:06:54
92	piggybox-004	82.835	2022-05-19 13:06:33
93	hivevault	82.657	2022-05-11 00:33:45
94	niokululu	82.359	2022-05-21 20:20:09
95	howweroll	78.211	2022-05-30 18:49:57
96	photofeed	77.831	2022-05-04 04:00:00
97	empoderat.cold	76.917	2022-05-20 10:22:30
98	spinvest	74.659	2022-05-29 02:25:45
99	ace108	74.115	2022-05-23 13:01:00
100	hivelot	73.087	2022-05-12 06:31:36
101	vimm	71.187	2022-05-18 14:56:51
102	detlev	70.050	2022-05-05 14:14:12
103	risingstarhub	69.696	2022-05-12 13:14:45
104	johnhtims.life	69.639	2022-05-02 01:30:57
105	bozz	69.608	2022-05-03 14:48:36
106	holoz0r	67.675	2022-05-07 01:38:00
107	guiltyparties	67.383	2022-05-10 16:44:00
108	ruth-girl	67.155	2022-05-27 06:19:57
109	howo	66.692	2022-05-30 12:33:21
110	vortac	66.185	2022-05-23 16:28:00
111	steemvault	66.119	2022-05-11 00:28:06
112	nostalgic1212	64.952	2022-05-14 01:56:57
113	mistakili	64.164	2022-05-15 10:03:27
114	brumest	63.958	2022-05-04 21:22:51
115	dalz	63.594	2022-05-13 14:21:39
116	lainiwakura	63.495	2022-05-05 07:11:54
117	fundacja	63.230	2022-05-08 20:41:09
118	seed-treasury	62.458	2022-05-01 11:31:12
119	pouchon	62.045	2022-05-27 21:10:21
120	beststart	60.739	2022-05-17 13:29:36
121	lemouth	60.442	2022-05-05 11:29:48
122	vevette	58.840	2022-05-04 17:40:57
123	strawhat	58.495	2022-05-31 07:23:15
124	cryptog33k	58.403	2022-05-19 11:37:27
125	pandasquad	56.397	2022-05-07 09:13:39
126	taskmaster4450	55.929	2022-05-03 12:21:54
127	niallon11	55.810	2022-05-20 20:49:00
128	blrog	55.412	2022-05-12 10:31:03
129	ironshield	55.386	2022-05-25 15:35:45
130	steemflow	55.232	2022-05-20 16:12:15
131	livinguktaiwan	54.855	2022-05-12 15:55:33
132	rezoanulvibes	54.849	2022-05-05 06:03:06
133	evahe	53.774	2022-05-19 05:25:30
134	martibis	53.336	2022-05-04 16:44:27
135	demotruk	53.286	2022-05-19 03:24:42
136	muratkbesiroglu	52.956	2022-05-23 04:02:00
137	ipromote	52.435	2022-05-24 19:42:27
138	ewkaw	51.988	2022-05-17 17:02:54
139	vincentnijman	51.839	2022-05-17 11:49:33
140	cryptosimplify	51.427	2022-05-11 11:17:48
141	eforucom	50.543	2022-05-15 16:51:12
142	steemychicken1	50.266	2022-05-16 19:00:48
143	ecobanker	49.945	2022-05-30 20:13:15
144	condeas	49.923	2022-05-04 13:12:39
145	michelmake	49.876	2022-05-26 07:29:06
146	shauner	49.498	2022-05-17 16:14:57
147	robonft	49.089	2022-05-18 07:38:36
148	riverflows	48.289	2022-05-13 21:36:18
149	kenny-crane	48.008	2022-05-30 04:00:18
150	thegaillery	46.424	2022-05-09 07:30:12
151	silversaver888	45.641	2022-05-30 17:50:36
152	genesishealthy	45.199	2022-05-17 16:12:21
153	r2cornell	44.696	2022-05-07 14:16:30
154	hivestorage	43.867	2022-05-08 01:39:36
155	jywahaha	43.834	2022-05-09 00:23:33
156	thebeardflex	43.151	2022-05-23 13:09:51
157	fedoraonmyhead	42.118	2022-05-19 21:15:27
158	revisesociology	42.090	2022-05-31 05:23:42
159	solarwarrior	41.699	2022-05-11 21:47:42
160	anarcist69	40.980	2022-05-22 02:16:45
161	irenenavarroart	40.302	2022-05-14 21:15:57
162	hallmann	39.739	2022-05-19 21:36:39
163	nuthman	38.971	2022-05-12 23:33:42
164	neoxian	38.911	2022-05-10 00:27:24
165	aafeng	38.752	2022-05-17 22:45:42
166	primersion	38.482	2022-05-04 07:01:15
167	schlees	38.429	2022-05-26 10:36:21
168	techcoderx	38.416	2022-05-14 00:50:39
169	cflclosers	38.328	2022-05-10 21:00:48
170	stayoutoftherz	38.114	2022-05-16 15:49:54
171	bulldog1205	37.960	2022-05-18 15:41:18
172	reiseamateur	37.830	2022-05-14 08:40:30
173	mrspointm	37.531	2022-05-28 05:14:21
174	hermes.apocrypha	37.357	2022-05-30 04:38:39
175	hakeke	37.264	2022-05-10 11:02:42
176	leaky20	37.022	2022-05-29 10:18:45
177	adambarratt	36.928	2022-05-15 15:09:18
178	d-pend	36.637	2022-05-12 18:24:12
179	monochromes	36.466	2022-05-22 00:32:33
180	fredrikaa	36.455	2022-05-04 10:47:54
181	grindle	36.426	2022-05-12 10:46:45
182	urun	36.370	2022-05-22 19:18:21
183	revisesociology	35.641	2022-05-01 00:46:30
184	r351574nc3	35.640	2022-05-20 01:31:42
185	sjarvie5	35.374	2022-05-30 12:05:03
186	deeanndmathews	35.323	2022-05-02 21:22:39
187	uwelang	35.250	2022-05-05 07:29:00
188	pusen	34.880	2022-05-12 05:49:45
189	beta500	33.618	2022-05-11 00:31:09
190	investingpennies	33.611	2022-05-11 00:21:27
191	shaka	33.331	2022-05-12 06:29:42
192	flemingfarm	31.146	2022-05-19 16:40:36
193	fermionico	30.639	2022-05-27 17:11:09
194	sanjeevm	30.622	2022-05-11 11:47:39
195	hivechain.app	30.442	2022-05-17 13:30:15
196	kolbjorn	29.800	2022-05-06 15:33:21
197	theb0red1	29.764	2022-05-07 01:34:33
198	emmali	29.248	2022-05-28 13:57:21
199	harbysco	29.220	2022-05-18 09:04:51
200	felt.buzz	29.173	2022-05-18 15:21:54
201	dragosroua	29.036	2022-05-28 18:32:24
202	louis88	28.717	2022-05-09 07:28:42
203	joshman	28.659	2022-05-24 15:32:06
204	holoferncro	28.584	2022-05-31 07:43:39
205	chloem	28.380	2022-05-20 14:13:33
206	bdmillergallery	28.290	2022-05-23 14:28:27
207	skenderbeu	28.165	2022-05-03 23:21:09
208	myvest	28.038	2022-05-11 18:18:18
209	neoxian.alfa	27.872	2022-05-27 00:07:27
210	josediccus	27.697	2022-05-12 04:44:36
211	dedicatedguy	27.677	2022-05-20 16:41:48
212	hivesql	27.575	2022-05-09 17:43:24
213	discohedge	27.399	2022-05-05 15:49:06
214	dragonaladodera	27.342	2022-05-05 07:11:27
215	sketch.and.jam	27.140	2022-05-02 00:25:24
216	deepresearch	27.024	2022-05-12 06:17:18
217	adamada.stem	26.327	2022-05-19 13:33:18
218	bitrocker	25.467	2022-05-30 13:00:45
219	kheldar1982a	25.364	2022-05-13 23:33:12
220	ragnarokdel	25.077	2022-05-03 23:42:12
221	fermentedphil	24.339	2022-05-30 17:44:30
222	toofasteddie	24.303	2022-05-30 19:35:33
223	xplosive	24.210	2022-05-31 11:21:27
224	homesteadlt	23.836	2022-05-05 10:52:54
225	papilloncharity	23.566	2022-05-20 19:26:33
226	tattoodjay	23.421	2022-05-31 07:38:42
227	calimeatwagon	23.262	2022-05-31 17:20:15
228	mipiano	23.229	2022-05-24 11:04:06
229	behiver	23.154	2022-05-25 23:19:24
230	jaster	23.108	2022-05-24 09:48:00
231	choism	22.875	2022-05-15 16:08:21
232	hive-174581	22.617	2022-05-16 05:48:00
233	communitybank	22.204	2022-05-11 00:30:12
234	khan.dayyanz	22.107	2022-05-19 22:02:24
235	wrestorgonline	22.103	2022-05-01 22:26:12
236	danmaruschak	21.989	2022-05-07 11:03:57
237	epic-fail	21.939	2022-05-14 11:37:24
238	arcange	21.814	2022-05-21 12:03:54
239	erikah	21.728	2022-05-05 20:50:09
240	alexvan	21.591	2022-05-08 08:30:36
241	orestistrips	21.536	2022-05-30 17:55:27
242	sciencevienna	21.493	2022-05-29 17:37:54
243	dmilliz	21.490	2022-05-12 08:01:27
244	nonameslefttouse	21.473	2022-05-13 16:30:21
245	jedigeiss	21.281	2022-05-16 12:18:33
246	nftmart.wallet	20.929	2022-05-12 04:14:36
247	luislrt	20.809	2022-05-28 18:59:57
248	zokka82	20.581	2022-05-19 10:07:09
249	gadrian	20.513	2022-05-07 20:50:45
250	mproxima	20.387	2022-05-06 06:34:51
251	robibasa	20.324	2022-05-06 21:03:03
252	archon-gov	19.808	2022-05-20 22:06:21
253	yole	19.528	2022-05-05 01:10:18
254	arbys	19.504	2022-05-09 23:10:00
255	bhattg	19.277	2022-05-07 06:10:15
256	tomhall	19.165	2022-05-17 16:11:09
257	obsesija	18.954	2022-05-18 22:35:36
258	hivediver	18.932	2022-05-21 16:48:12
259	galenkp	18.877	2022-05-04 07:05:00
260	dante31	18.872	2022-05-12 13:46:18
261	priyanarc	18.634	2022-05-07 07:06:15
262	anderssinho	18.392	2022-05-27 08:15:54
263	christinepoulos	18.249	2022-05-12 05:40:15
264	nbs.gmbh	18.120	2022-05-11 14:12:03
265	grapthar	18.072	2022-05-28 08:51:54
266	baibuaza	17.835	2022-05-02 01:53:06
267	saboin	17.697	2022-05-12 21:30:54
268	vcclothing	17.503	2022-05-30 09:55:33
269	jga	17.495	2022-05-02 22:04:06
270	juecoree	17.295	2022-05-10 03:03:12
271	gabrielatravels	17.291	2022-05-27 05:16:30
272	seckorama	17.225	2022-05-19 08:44:15
273	funnel	17.184	2022-05-11 08:08:21
274	libertycrypto27	17.020	2022-05-03 18:27:03
275	leprechaun	16.692	2022-05-20 01:44:18
276	darkflame	16.613	2022-05-19 04:09:54
277	phusionphil	16.574	2022-05-28 03:24:15
278	guurry	16.523	2022-05-14 12:36:24
279	shimozurdo	16.441	2022-05-09 19:41:00
280	yonnathang	16.381	2022-05-14 20:45:48
281	kendewitt	16.234	2022-05-26 08:39:36
282	kaeserotor	16.218	2022-05-30 17:39:06
283	donjaun	16.140	2022-05-01 07:08:57
284	galberto	16.098	2022-05-12 14:39:15
285	sandymeyer	16.091	2022-05-22 21:45:27
286	offgridlife	16.054	2022-05-09 16:55:33
287	blueeyes8960	15.873	2022-05-21 00:53:06
288	anneadam	15.853	2022-05-10 16:47:06
289	empress-eremmy	15.722	2022-05-02 07:08:39
290	erikklok	15.678	2022-05-27 18:57:45
291	kaerpediem	15.488	2022-05-12 00:59:27
292	doze	15.199	2022-05-24 15:26:03
293	stevieboyes	15.188	2022-05-26 15:24:24
294	albuslucimus	15.163	2022-05-06 18:07:30
295	alexpmorris	14.787	2022-05-09 00:03:39
296	eisenbart	14.783	2022-05-25 20:04:54
297	xg4028	14.691	2022-05-11 17:05:15
298	unorgmilitia	14.575	2022-05-23 17:16:27
299	bitsharesorg	14.538	2022-05-15 05:49:18
300	goldenoakfarm	14.463	2022-05-09 07:36:39

Posted Using [LeoFinance ^Beta](https://leofinance.io/@geekgirl/hbd-interest-payouts-for-may-2022)

mamasita