We need what is best for Hive long term. We need more adoption and development. The hardest part is adoption without new users and investment pice appreciation won't happen. Without price appreciation the user base will shrink and then development slows. I hate to say it, but price matters and if there is not a return on capital people are short sighted and move on. I don't know what the right rate is, but I actually fall on the side of reducing it from 20%. My thought process is this forces more decisions on what to do with your Hive/HBD. It also reduced the 'scam' factor. Perception is reality and when we engage with people outside of the Hive ecosystem 20% actual scares people even if we know it's perfectly acceptable and healthy with our tokenomics. I would like to see 8-13% which would be better than traditional assets and on the upper end of most large projects offerings.
And when the price of Hive crashes because we think we can massively change interest rates all at once without even testing it? What will we say then? Oops? High yield on HBD is good for Hive price. Like I said before there's a good chance Hive would be back at 2020 prices 10-15 cents without this yield.