Really insightful look into this new development. I never thought about how much more this changes, it really is a much bigger deal than just making a passive 3% return. Hive network is becoming a better and better place to store your crypto and put it to work every day.
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It’s going to take time to see if these effects play out and a little bit of marketing but it’s a fun thought experiment to walk through some of the possibilities.
First step for me is, I’d be interested to see how much SBD will come over to take advantage of the rate
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Or how long it will take for them to offer something similar.
I don't think very long if they WANTED to they could just grab the code and run it on their witness nodes, but I haven't seen any of their witnesses doing much so I won't hold my breath on that
I did not realize this was a witness initiated update.