What do you think about the HBD Bonds idea Taskmaster promotes? I suppose you know about it. There are actually two phases for that. One that would create a sort of term deposit contracts for HBD at layer 1, time-locked and at higher and fixed yields for the term but witness customizable for new contracts, potentially for different terms (if not, for one year). The next phase would create the actual transferrable bonds at layer 2, but that would come later. Would you improve/change something?
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I'm not sure how I feel about it. I don't know if we have enough users to justify 25%+. This interest is actually inflation stacked on top of the current Hive inflation as it wasn't pulled from base inflation.
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The problem is we can see what's possible with a stable coin that works in a similar manner as the HIVE-HBD relation does (I'm talking about LUNA-UST). The major difference is how much difference of market cap there is between HBD and UST and how aggressively they promote UST in every ecosystem out there.
Yes, Hive is a more complex ecosystem than they have, but if we keep thinking defensively chances are we'll never grow fast enough to matter.