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RE: Quick witness update - Setting HBD APR to 3%

in #witness-category4 years ago

Small addition that I think might be useful: To see what percent APR a witness is voting for, press params on the top right of the witness page on PeakD. 10% is the default so if its set to that, it most likely means that the witness didn't set it(either that or they are voting for 10%).

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Thanks, i hope all top witnesses will follow too. And let us see its effects.

So this hbd apr is manually set to curb the overpricing of hbd? And by updating this will regulate it?

Technically increasing the APR makes HBD more attractive to buy. The part that curbs the overpricing of HBD is the HBD Stabilization Plan that smooth is running.