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RE: Why I set my witness HBD interest rate parameter to 3%

in #hbd3 years ago

On the @hbdstabilizer topic, I guess we will find out more on how well the project has performed at the end of this bull cycle, possibly using the chain across the road as a comparison? (SBD currently around $5.7 and has been over 11$ recently)

Would success criteria be watching STEEM fall like a stone with a more gradual decline (and the bottom being not quite so low) for HIVE?

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It's impossible to separate the other factors involved in the price of either tokens. It's not a controlled experiment so it's unlikely that you can draw direct conclusions at all.

What might be more measurable is the impact it has on inflation.

But since inflation is dependent on the price that is also hard to separate out.

We will at least be able to determine in retrospect if inflation from HBD conversions has reduced or increased.

True, however the biggest factor will likely be the price trajectory of HIVE