The only flipside to this is:
- Anchor offers about same APY, but is compounding every second while HBD savings is claiming rewards once 30 days which is too lengthy.
- One can withdraw funds anytime, while HBD savings have 3 days cooldown period.
- Terra/LUNA has used the same mechanics to value the Luna token. They have an instant burn mechanism instead of 3.5 days waiting + smart contracts which value to their success. HIVE is lagging in smart contracts, means no Defi protocols, hard to build dapps which lock value to make chain more valuable.