You are viewing a single comment's thread from:

RE: My Thoughts About HBD and the Debate Around Its Future

in #hbd • 2 months ago

I think it would be a blunder to take away HBD. For all the same reasons you said. I'm in favor of a moving interest rate. In times like this 10% is fine but when times are good move it back to 15%. If times are really good lets bump it to 20% again. We want investors coming here parking their cash in HBD or HIVE. Doing so means investors have eyes on the chain. We went from 15% - 20% - 15% - 10% with some variant percentages in-between. HBD or its interest rate isn't the reason for the Hive Token dipping value. Removing HBD is not going to stop the selling of the Hive Token on the open market. The people selling are the only ones that can stop the selling. HBD adjustments won't help that.

Sort:  

I like the idea of a flexible interest rate... adjusting it based on market conditions could help keep HBD attractive without overdoing it.