Even if this doesn't work, it will still represent added buying pressure for HIVE, taking that HIVE out of circulation and putting it into the DAO where it will likely stay for a good long time (approvals of DAO proposals have been quite limited in terms of budget). This will likely be good for HIVE stakeholders. If people want to bid up HBD to fundamentally unsound levels, as long as they do, we can take advantage of that by channeling the demand to HIVE.
Even if this doesn't work, it will still represent added buying pressure for HIVE, taking that HIVE out of circulation and putting it into the DAO where it will likely stay for a good long time (approvals of DAO proposals have been quite limited in terms of budget). This will likely be good for HIVE stakeholders. If people want to bid up HBD to fundamentally unsound levels, as long as they do, we can take advantage of that by channeling the demand to HIVE.
agree, not a fan but better than nothing.
I would vote for it, but I hope we can remove the inflation HDB version and transform it to a scaleable loan version (onchain).
It would be super secure and cool and would give me a reason to power up larger amounts.
That would be theft