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RE: Is HBD interest rate holding Hive price down?

in LeoFinance2 years ago

I wouldn't say HBD has an unfair advantage over HIVE. HBD is just a stable coin that can be staked for 20% APR. HIVE is a utility token that can be staked and allows you to earn curation rewards plus 2.86% APR on itself.

I think it simply gives the people that want more passive rewards a better option.

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I hope so, it would be different if Hive was above 1 USD, at least psychologically. Or maybe I am just seeing ghosts here 😉

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I agree, HIVE is worth much more than its current price. We'll see what the pHIVE launch on PolyCUB does to it.

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