I think the interest in EDSD will vary according to the price of HIVE. It is a very good deal when HIVE prices are low and especially when there are no miners available on the market.
Its great benefit, whatever HIVE's price is, is that it is liquid - easy in, easy out, with minimal downtime.
We don't especially promote either of those features.
As we go through the bull run, we're going to see accounts with a lot of liquid HBD. EDSD is one option for accounts to stash some of that HBD while they wait for the price of HIVE to come back down and buy back in. As we progress through the cycle, the HIVE:HBD ratio becomes attractive again, and we're back to the low price of HIVE is a good reason to hold EDSD.
There's not many people around right now, but they'll be back as the price rises and we're working on bringing more people to EDS through Saturday Savers. I would be reluctant to see EDSD abandoned when it's not been properly tested yet. I think we've at least got to see it through a cycle before making a judgement about whether it's a good product that provides accounts with a service and another option.
In addition, we're gradually approaching breakeven with EDS and soon after that the APY will start to increase - have we got a timeline for that and how it fits with the BTC/HIVE cycle? As the APY starts to increase, EDS will become very attractive and short-term liquid options like EDSD may be an excellent bridge.
Who knows - as everyone moves to HBD, we might be having a similar conversation about winding up @eds-vote 😂.
Yes, my bad on the release time. Is more of the bear market product than a bear market one.
Releasing early means there's time to test it before there is a lot of demand. Meanwhile, EDSD is adding somewhere between 2k-4k HIVE to the @eddie-earner wallet each year - all helps to reach breakeven.