Hi I'm looking forward to RC delegations, but i actually have a brief off topic question you can probably answer....
HBD inflation has increased from 3% to 10% recently (maybe going up further) but where does this extra HBD come from?
Is this just totally NEW HBD which is in addition to the 'Hive rewards pool' which goes to witnesses/ dao/ content creators and curators?
(In which case I would have to increase the overall inflation rate for HBD/ slightly if I was interested in working that out?)
It is additional inflation. Currently this is very minimal (about 0.1%) because only HBD held in savings gets interest and that is only around 3 million. If that were to increase too much relative to overall Hive market cap, witnesses would have to reconsider whether the level of interest being paid was appropriate.
Cheers, as you say ATM we are talking about such small amounts, I'm in favour of the 20% for now.