Yes, we could leave it at 20%, but the ones who were profiting from 20% were people that already used HIVE and already had HBD savings. We did not manage to attractive new users just because of the high APR, so sounds like a reasonable time to me to make HIVE attractive again to get blogging and curating attractive again and keep users engaged in the social aspect of HIVE instead of the DeFi yielding aspect of HBD, which will still exist, still be strong and still be competitive and among the best options out there even at 10% or 12%
How do you know this? Do you have objective data that says it didn't attract new users? Or are you going with your "gut feeling"?
Gut feeling because our total market cap (HIVE+HBD) is in a downtrend even with the best APR out there.
Do you have objective data that says it did or did not attract new users? That would for sure help me and others take an informed decision.
Could it be because whole crypto market cap is in a downtrend?
Could it be that HIVE failed to advertise its 20% APR, and instead spend ton of money on needless publicity stunts?
No, I don't have an objective data how many user 20% APR brought, but we will have it if the APR is reduced.