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RE: How A Smaller Accounts Can Make An Impact Upon Hive

in LeoFinance3 years ago

How much different would things look if we established varying APRs on the Hive Backed Dollar (HBD) based upon account size? Wouldn't that be an interesting way to make things "fair"? After all, those large accounts do not deserve to make that much money, or so the thinking goes.

From an analytical standpoint, most people (hivers) measure their progress on the blockchain with the total amount of money they make as well as upvotes they get and not in proportionate to the percentage it covers, so if we want to follow this paradigm, then I think big accounts are envied by small account holders.

This is the power of smaller accounts. They can grow at a much faster pace than their larger counterparts. Where the question comes in is with numbers. If there were 10,000 accounts experiencing a quarterly growth rate of 50% or 60%, the change in just 24 months would be enormous.

You're completely right in your analysis and smaller accounts are making significant progress more than larger when calculated by their percentages when placed side-by-side.

Thanks for sharing this revelation.

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I agree that people do look at things in raw numbers, at least when it comes to HP. But isnt it interesting the APR (percentage) of HBD got everyone excited. So they apply one to HBD while looking at raw numbers on HP.

It is vital to always look at the percentage and the growth/ROI. If it is large enough, for long enough, eventually small will become large.

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It is vital to always look at the percentage and the growth/ROI. If it is large enough, for long enough, eventually small will become large.

This is a perfect explanation, truly small will become large in the nearest or long future.

Thanks

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