In the laast days the HBD interest rate is oscilating between 12% to 14%. Prior it was at 15%, but dropped to 14% back in March.
The long term chart looks like this. It was at 20% for a long time, then dropped to 15% back in 2024.
In the laast days the HBD interest rate is oscilating between 12% to 14%. Prior it was at 15%, but dropped to 14% back in March.
The long term chart looks like this. It was at 20% for a long time, then dropped to 15% back in 2024.
Still too high I guess. I could imagine lowering it to say 5%.
Why 5% ?
It feels fair considering how risky (or safe) the investment is. As for reasons to lower the rate, I wrote them down a while ago: https://ecency.com/post/@godfish/4-reasons-for-lowering-the-hbd-savings-interest-rate
For what represent to the total inflation 12 to 15% is good.
I've actually changed my view over the last few months. Originally, I was a bit sad when the interest rate was dropped down from 20%.
But now I think an interest rate of around 6-10% would be ideal. It's high enough to keep up with current real world inflation (at least where I am - I appreciate every country is different !). But it's low enough to help reduce Hive inflation.
Most importantly, if the inflation rate is lower, it could encourage more use of HBD for what it is ideal for; a no-fee stablecoin for transactions, not just something to stack and earn interest on.