This is going to make HBD better than UST yields on Anchor since they fluctuate between 18-20. Also, you put your crypto into a contract that is prone to hacking. With HBD savings, your keys, your crypto.
I believe this change will make Hive very attractive to other options. Pair this with some marketing and promotion discussed by other witnesses, this could be a game-changer for Hive.
No brainer!
What can we do to make other top 20 witnesses signal the same 20%?
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I highly suggest a cold wallet, which is perfect for this.
I'm pretty sure you will start seeing more signalling, this isn't my idea and I am not the first. I just wanted to put out a post to raise some awareness.
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How does cold wallet solve this problem? Once we deposit our crypto into a DeFi pool, it moves from our cold wallet to that particular contract. I feel dumb now, maybe I am missing something. 😢
Yes, I can see others signaling the same percentage. 20% should be the norm ;) HBD savings is going to be my top favorite savings account now.
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You can continously deposit into a cold wallet without ever logging into it.
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You can't make anybody vote how you want. But you can express your view to try to convince and also change your witness votes.