The best policy makes HBD reasonably attractive to hold but not so attractive that its supply grows at an unsustainable rate. This depends a lot on competitive factors, both USD interest rates and other DeFi rates, but also adjusted for risk and liquidity. Right now we are probably about right given that funds are neither flooding in nor fleeing. The reason we're much higher than USD or other DeFi rates despite being largely in balance are the risk and liquidity factors that weigh against Hive as a smaller platform.
You are viewing a single comment's thread from:
Thanks for the feedback!
Totaly agreed with this. Also on the liquidtiy side, its still the no.1 problem for HBD, although its improved a lot recently.
Just today someone was asking me how to get 100k HBD and it is not an easy task.
What is your opinion on leaving a fixed rate for a few years, and then revisit?
Not in favor of that idea.