Thank you. In fact we sat and read it line for line. It did help describe Hive further. But I think he was asking more of the mechanics behind it. Like how can we be giving 20%. I know I have read posts on here before, but it was difficult to sift through everything to find what post I read it on before that describe it well. I know it is based on inflation of the Hive coin. But again, that is where my answer for him kinda stopped.
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Oh that's challenging indeed. The HBD interest is based on the consensus of Hive witnesses. Majority of them voted upon it. I recall reading an article that said the 20% APR on HBD is sustainable but I can't remember who the author was.
I was just reading this a while back:
https://leofinance.io/@crypto-guides/what-are-hive-backed-dollars-hbd
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