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RE: Snaps Container // 3/4/2026, 2:00:00 PM

in Snaps2 months ago

I would even put slightly lower... I would vote for 13% which is how much I have on my witness.

At these prices I would doubt that people would convert all of them to HIVE and then do curation, as more profitable thing. But at least would do some pressure.

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Something between 10%-15% is very fine, I think.

lets see what this changes... I suspect it will not damage anyone's profits.

I think the same, at least right now.

Our witness is at 11%, unfortunately we are very far from 20th place.

To be honest, I would not like to be on the top20 (as of now). Lots of responsibility and its not my target as a witness and I also don't have what is "my own standard" to be there. If required I would be able, obviously and would do anything in my power to protect the chain. 😎 but no thanks - top20 witnesses do way more than most people think.

Is it more profitable to cure? I don't understand.

If the APR on holding HBD in staked form (that provides currently 14% APR) is lowered too much, for example, 10%, then people "might" look for other better forms of APR, and because currently curating (voting with your staked HIVE) that now might be around 7 to 8% APR (this depends on a lot of things, per account), plus the base APR from the staked HIVE, which is currently around 4.31% this would potentially make people sell their HBD to buy HIVE, stake it, and then curate content for a better APR (which in this case would be around 12%).

It might also invite people to just sell off... but that might be very isolated cases.

Most people would not be looking at doing these things. But this is a situation to consider among witnesses because of the big holders.