Sounds like a good idea to me. One thing that would help it gain traction is a market for buying and selling locked assets and trading future rewards essentially.
A lot of Ve tokenomics projects that are experimenting with time locks are finding new use cases through trading. People love to speculate and having liquidity on demand is useful for emergencies.
Not sure if that would work on Hive though because it's a lot easier to implement when your lock is an NFT.
BTW are there any numbers to work with regarding the last APY increase to 20%? Did HBD gain more users after that change was implemented?
Posted Using LeoFinance Beta
The idea is that a layer 2 app will be able to create a token (NFT) to trade on a DEX. Honeycomb is already working on a DEX where this would work. So yes the idea is to be able to trade the "bonds".
I dont know about the wallet numbers but the amount of HBD in savings has skyrocketed compared to where we were before.
Posted Using LeoFinance Beta
The idea is that a layer 2 app will be able to create a token (NFT) to trade on a DEX. Honeycomb is already working on a DEX where this would work. So yes the idea is to be able to trade the "bonds".
I dont know about the wallet numbers but the amount of HBD in savings has skyrocketed compared to where we were before.
Posted Using LeoFinance Beta
Now we are talking. All for the idea in that case!