You are viewing a single comment's thread from:

RE: The Grand Assumption: Timelocks Create Value

in LeoFinance2 years ago

I'd change the static yields governed by witnesses to variable yields governed by the free market.

That tickles my mind. I would say that the yield is variable since the witnesses can change it at any time, even if in practice there is significant inertia. But, it's probably just a question of semantics.
On the other hand, the idea of having more dynamic yields influenced by the market is interesting. Couldn't it initially be a bit like the witnesses do by regularly publishing the price feed?

I'll take millions of dollars in liquidity between HIVE/HBD over locking HBD (and removing that liquidity from the market) any day.

Isn't that just what the @hbdstabilizer does?