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Of course people use their power and try to influence witnesses (and others). That's been happening since inception of the chain.
I'm just amused how a connection between the SPL proposal and HBD APR could be imagined, but the fantasy of conspiracy theorists is capable of anything.

I don't think people changed their interest rates, but those witnesses with the lower rate didn't gain a majority of the top 20 until the votes started going away because of the SPL proposal. It might be inadvertent, but there is a sliver of truth to it like many conspiracies.

People did change their interest rates. The top 20 didn't change at all.

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