Thanks. I've been in this situation for quite some time, but one of the root causes is no longer an issue so I'm good as gold... just gotta ride out the storm for a few more months. :)
Also, unrelated, but did you see my question on the hive.loans proposal? If not I'll re-post here if you don't mind...
How will the proposal handle hive engine stakes? Will it consider those when determining the value of the loan being given? Will those assets also be powered down? HP is one thing, but mining tokens that are powering down don't mine anymore, right? How will that be addressed?
I must have missed the question! Sorry man. Been pulled a bunch of different directions as of late.
Hive-Engine tokens won't be directly supported on the Hive.Loans site however I will be writing some optional modules to enable their usage on site as part of the open source initiative of the contract as people running their own node of the Hive.Loans chain will be imperative in decentralization of the smart contract side chain.
I think I've figured out a method in which I'll be able to build it on a modified ethereum smart contract stack that accepts HIVE as gas fees and pays the miners in HIVE as well. So if all goes well every popular HE token could have their developer fork the loans site and run Leo.Loans or DarkEnergy.Loans or whatever and facilitate lending of that token exclusively.. all while earning HIVE for running a node to help decentralization.
The handling of HE tokens will be a separate but included module in the source code of v1.0.0 hopefully.. But I myself as the original Hive.Loans site won't be having HE tokens.. If you want them you are free to launch a HE token version of the site when we all go live. :)
This is awesome! I’m glad I asked. I can’t wait to support something else you do. Hurry up! 😜
Also to answer your HE mining tokens question.. Honestly have to get to building the HE tokens module and see what options are available. The HE stuff is a bit tricker to do as will have to check each individual separately to get their staking and powerdown data and whatnot. I'm not going to be personally entertaining the HE tokens on Hive.Loans but I'll certainly encourage others to launch sister sites featuring their HE tokens. :)
But handing over keys still affects those assets, yes? At the very least it leaves the borrower vulnerable to loss, doesn’t it?
I may have mentioned it, but if I didn’t, I have more value staked in HE than in HP. If I borrow based solely on HP I’m over collateralizing since my keys access HE. This seems problematic to me, though admittedly I have little to no clue. 😊
I think I may have asked it in a reply to another comment. My bad. None the less. I think between the different replies my question has been answered, at least enough for the moment. I can hardly wait to see this all come together.