Some great points, but it's dangerous comparing it to LUNA/UST. I do think expanding the reach of HBD to whales outside of Hive would open up the Hive blockchain to new uses. I think the blockchain could benefit from a bank that lends Hive and HBD at affordable interest rates. It could spur innovation and development on the blockchain. At one time, @neoxian had the Bank of Neoxian, but I think he quit lending. It's good to see people benefiting from the 20 percent interest-bearing savings account.
I believe it is still working. We also opened a similar service with @ruta.loans although smaller.
What's still working? The Bank of Neoxian?