Hive Power Is Gas
Not only is Hive Power: Gas,
But also that Gas is yield farmed as a separate resource.
This is something people grossly underestimate,
Because we've never run out of gas before.
This is going to have huge ramifications when the network hits a scaling wall. Everyone with a lot of HP will be safe from the high gas cost but everyone else will be looking for more.
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All good points. We are getting a glimpse of things with how tight the accounts are.
It will be interesting how things are when there are a lot more people vying for what is offered here.
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but the 20% is not guaranteed. High as it seems its still annual, and just like it jumped from 12% to 20%, there is no mechanism that ensures it won't be reduced to 0% if required by the deciders. Also Hive is traded while hbd is not traded. So in the end of the day there are major risks keeping too much hbd.
Yes the interest rate can be dropped, just like in any area. Unless there is a time locked feature added where the rate is guaranteed, then it could change.
But then the price of Hive changes also. Over the last 3 days, one would be better off in HBD than HIVE if looking solely at the price.
It is true there needs to be more liquidity pools for HBD. That is being worked on.
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You are right and taskmaster already replied the reason and face behind it. I think holding HBD will bring more profit than before. I'm not yet sure and confuse to take any decision.