Hi there @vaultec first of all thanks for doing new investment opportunities. I see many people wondering about this feature and even myself I wonder about, I think I have the idea:
- having sHBD allows you to get 15% APR based on a specific time range you decide right?
- so the main difference would be I can decide to get it each 15 days as I could stake just for 15 days and use it right away after the 15 days right?
However could you please elaborate, maybe explaining it to me like if I were a 5 years old, even using a diagram or pictures so we can really get the benefits? Because I kind of get it but at the same time it is not clear to me.
Also please let me know:
- if the whole idea is having a shorter time window to wait, means I could use that sHBD at anytime?
- will be available options to change the sHBD for example, for sETH?
It's locked up until it's unlocked which takes 3.5 days to go from being staked to unstaked. Keep in mind it's still transferable while being locked up, it just cannot be withdrawn outside of VSC while being sHBD.
sHBD is transferable, it just cannot be used outside of VSC without waiting. Regular HBD on VSC can be instantly withdrawn from VSC to a regular Hive account at any moment
This is part of our future plan to build cross chain wrapping/bridging technology. It would likely be regular ETH, but yes that's the plan in the long term future.