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RE: That Idea of 'Removing' the Hive Rewards Pool

in LeoFinance7 months ago

I think features that spread the wealth or allow people to generate passive income are a powerful incentive for people—from high HBD interest to liquidity rewards and even trading and providing liquidity to liquidity token pool tokens—the pool token inception.

If they say lower HBD interest to 10%, I say let's raise it to 25%. People need a reason to hold as developers create more utility (NFTs, games, real-world use, third-party lending). Also, as central banks raise their general fund interest rates and similar interest rates, a cryptocurrency needs to be more competitive with "savings accounts." Not every coin can be Bitcoin, with few user-focused features, and be valuable only by name.

I'm sure the devs can do something great.