I applaud experimentation and innovation. The question I have is what is the experiment about? What are you trying to prove?
Are you wondering if people will lock up HBD for a longer period, in exchange for a higher return? I think the market of savings bonds and certificates of deposits show people will do that.
Personally I am not sure that time vaults, as a viable entity, are even in question. We know there is a certain amount of money that will flow into these especially if there is another form of liquidity provided.
I guess my point is what happens if 90 days goes by, you get the 10K HBD and all are paid out at the end, what did you prove?
That is what needs clarification.
I wonder too, why not make it super smart with an extra ponzi layer.
APR is an OwnershipToken that can be traded for the ROI that is left behind by people that withdrew early. Lock-up periods 1-5years, OwnershipToken distributed monthly and 1% of those tokens is always 0.95% of the total HBD profits, rest is management fee for the fund.
Whatever I've send 100HBD in, I don't see a huge risk here.
The experiment is about this our small ecosystem and its users. I'm well awere about the demand and use cases in the broad economy.
First thing to find out will there will be enough demand/buyers for the offer. Then will these users are able to go through the 90 days period without withdrawing. If everything goes smooth, the bonds are bought, nobody withdraw, then great! It is still a proof that there is a demand here on this platform and users can hold to maturity. Then I might itterate with diffrent conditions etc... but first lets see how this one goes
It's hard to quantify, as there are issues at hand too. Those with the HBD likely already have it locked up, and will have to take it out over 3+ days. Then you have the increased risk of your entire investment compared to a sure thing. In the end, it isn't a lot to be gained for the additional risk/complication.
Yea I see the small cap on this as a con, as you get a little in absolute numbers. But cant start with big numbers, especially with lucrative numbers and me as the backup. Users are usually willing to extract the maximum, so even this small cap might get filled. Will find out soon :)
I'm surprised people haven't taken you up on it, but I don't think people have the free HBD lying around. The short term also is likely a factor.
Yea I expect more in 3-4 days
Or like this
Leverage on a leverage on leverage like on WallStreet but for degen plebs, Jordan Belford would trade them as Pink NFTs tomorrow.
"The most innovative startup since Robin Hood, reinventing Dollar based digital Derivates with multi layer returns on returns on returns. You invest one time and get rich three times!"
<- repeat everything
->
| Synthetic HBD Lock Tokens |
| FUND Token Pool Tokens |
| FUND Token |
| Minted HBD Derivativ |
| HBD Lock |
While I appreciate your support and the first funds sent, please use that word ponzi with care under a project I announce, that is very simple, transparent with clear rules, conditions and a straight forward answer where the yield comes from
This is not a Ponzi, I don't think anyone will assume that.