I love the goal behind both ideas - but I am critical with regards to the effect these ideas could have. My constructive feedback:
- One undesired outcome could be that we weaken the attractiveness of Hive as total package. 15% flat rate is simple and very strong. It could be a key selling point for new investors to test the waters before getting started with Hive. Adding “if’s and but’s - might be less appealing
I would be highly in favor of an initiative that does make the the interest rate depended of the staked hive power - without reducing a key selling point - my suggestion:
- Keep 15% apy on HBD as basis. Provide the option to add 2.5% of apy by (either staking or even burning) 50000 hive (one off or even a year?). This way “lurkers” would benefit to participate if they have more than:
- $HIVE x 50000 / 0.025 = $200k HBD on their savings account (even if that would be an annually burned fee)
Also what needs furter clarification:
- what do you mean with staked hive / hive power. If I delegate HP to someone else - will that still count / if I rent HP rather than staking it will that count?
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I agree with the undesired outcome. Making the 15% as base rate and then there's an incentive to have additional percentages by staking HIVE is a good idea.
This is a terrible idea in practice. Has good intentioned reasoning for coming up with it though
interesting idea i would say. Having a global 12% or 10% HBD APR (which is likely a starting point)
from there by adding different steps of HivePower Value can increase their Rates up to 15%.
Those additional 5% could adapt on 15->20 | 10->15 |12->17%.
However, it could be an "OnTop" Feature to give incentives to stake HivePower and start the Journey on that.
good idea.