... Hard to rent it [Hive Power] out...
This is why I'd like to see a lot of inflation applied to the bank accounts so investors can just earn passive income with the click of a button. Add Defi to the bank accounts and have them double as collateral for HBD loans and then things could get really crazy.
Keep pushing this 👍
Wolf out, hextech in!
And anyone reading this and thinking the above comment is a good idea...
https://wallet.hive.blog/~witnesses
lol bro you're shilling my witness better than I am.
embarrassing.
:D
I think interest should be paid out to savings accounts. I don’t know what the numbers should be though.
Unfortunately, witnesses don’t like setting interest rates for HBD. Ever. It’s been a struggle to get even a few people to use that parameter, so I’m not sure how successful that would/could be. It would require a shift in the culture and/or code.
Personally I don't think that function should be used, as paying out interest on debt seems weird. I think the Hive collateral being used to generate the HBD should instead be paid interest. So only the Hive in the bank accounts would accrue interest and HBD game-theory would be separate.
Yeah, that’s an option too. I think it’s worth exploring.
The savings account seems like such low-hanging fruit for providing improvements. Why don't people look at them more? Are we worried it complicates an already complicated platform?
The way I see it, it can't over-complicate the UX because it's already there. If anything having it there with no real use-case is making it more confusing than actually having a purpose.
Adding interest to them gives them a use case beyond the time lock.
I'd think it would bring back the hive on the exchanges.
Why risk it on an exchange when you get interest here?
And, holding unstaked benefits hp holders with extra inflation.
This is an idea I floated a long time ago, but the 'not my idea itis' never allowed it off the ground.
It has been time to do this, iyam.