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RE: With HBD At 20% Interest Will Everyone Abandon Hive Power?

in LeoFinance3 years ago (edited)

I was aware of the 30% recently. I would not support a jump to 30% especially not while increasing the hbd inflation.

The whole thing here is to be able to get a typical understanding of how much HBD may be coming onto the market incase of either (future) bond maturities or HBD interest and if let’s say a 3 standard deviation moves happens in the price at the same time. If the community can easily cover this with things like a btc backing or the existing HBD or hive that backs HBD (again future work to be built in) then we have sound monetary policy in place. But it’s when this becomes blurrythat we have a problem

For now I support a 20% increase in APR only on the basis that the community gets this understanding in place and that a long term lock in bond system for HBD will be built.

At that point I intend to support a much much lower APR for a 3 day lock in

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