Hello everyone!
Today I am having kind of a relaxed day. Just need to do groceries and cook a meal this evening. Thus I went to visit my grandparents as they always enjoy it when I visit them. Usually I get the remark that it has been too long and I should come over regularly but isn't always that easy. Although, I always try to visit them atleast once every two weeks. I know more would be definitely enjoyed by them but isn't always that easy in my busy schedule. To go off-topic for a second: How often do you visit your grandparents? I wonder how often people from around the world visit theirs.
Now about the topic I wanted to talk about today, namely the apr for hbd in savings. Yesterday I saw a thread on Inleo about the apr being adapted from 20% to 15%. I know that's been a hot topic for several months and probably even years. As I checked my witness votes a couple of weeks ago because of the Splinterlands dhf proposal, I already saw that only 11 witnesses were voting for 20% thus that it was rather close to being changed. Though I was still a bit surprised it eventually changed. But hey, change isn't per definition bad as some people think.
What do I think about the change to 15%? Well, I don't think too much about it. As even with 20%, I already preferred to keep everything in Hive and power it up. As I believed Hive would double from its price of $0,33 in the coming 5 years, than I would be able to have higher gains holding onto Hive Power and utilizing it to curate actively as well. Will this be the best decision? Who knows, only in 5 years I'll be able to tell if I did good or not.
Besides the upside potential of HP, you get a higher vote on chain as well which means more influence. I am rather sceptical to ever be able to become a whale. My stake is way too small and the rich will only get richer, not different on Hive as in the fiat world. But I do believe I could increase my holdings to a decent level, giving me some extra pocket money, which would already be really great! I believe as well that if you're able to give higher upvotes people are more eager to check out your blogs and engage. Maybe not completely for the right means of finding your content awesome but for a potential upvote. As I really enjoy engagement on my blogs, I would be more than glad to have more people engaging.
All good, but what's your opinion about the change to 15%? Well, I don't care that much but I could think that if both the apr's of hbd and hp come closer, maybe more people would keep their hive staked which could maybe have a good influence on its price. This is just me trying to think, I'm not completely sure my reasoning makes sense or not. But hey, atleast I could hope ;p
Conclusion
I don't care that much if the HBD apr is being lowered or not as I prefer to have my stake in Hive Power rather than hbd. I do wonder what you think about the situation though?
Posted Using InLeo Alpha
A little bit sad. I just started accumulating hbd. I didnt even able to fully take advantage of the 20% apr.
In that case, it's indeed a bit sad. Though with the actual price of Hive, why not just accumulate HP?
(Just out of curiosity)
I'm surprised 20% lasted as long ng as it did. Seem unsustainable,so I'm glad it's lowered a bit.
What's in your opinion the most optimal %? :)
I'm not smart enough to understand how it all works but I'd say low teens is probably good. Still enough value for folks to lock up some HBD, but also more sustainable than 20%.
!PIMP