Why wouldn’t you want both? (context: both as in people buying HIVE and converting to HBD and people buying HIVE and then buying HBD with the HIVE on the internal market)
There’s a lack of HBD. More is better as long as it has a healthy flow (not flowing to the hands of a few potentially malicious actors)
20% APR democratizes that to a degree. Allowing it to flow to anyone who stakes
The hedge fund example lacks realism IMO. It’d be super cool if that happened but
- Hedge fund doesn’t want to lose 5% off the bat
- Hedge funds wants to know they can exit without losing a material % to slippage
Entry/exit liquidity is THE barrier to adoption for HBD. We must solve it
FACTS ⤴️
I think everything you just pointed out here is very important and true.