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RE: After UST crashed - Should HBD Lower Rates Back To 12%?

in LeoFinance2 years ago

The UST situation is causing Hive to panic a little more than we should about HBD. They are not that similar but you do raise interesting questions that need to be debated by the Hive community.

UST market cap was 68% of Luna's market cap and was only growing faster each day with no safety rails to stop the print. As you mentioned Hive has safety rails.

That being said I do agree that 20% is not sustainable in the long run FOR SURE! We should keep a close eye on that because the compounding effect sneaks up on you.

Increasing the debt limit to 30% concerns me a lot and I think it might be too high.

I would prefer to see Hive take it slow and steady like we've been doing than end up like Luna. There are TONS of potential here, let's not waste on a quick money grab. Keep building results will follow

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I agree, there are no real concerns at the moment. But we could be building bigger problems down the road with this.

I think you have it right also, slow and steady wins the race.

Hive will have its day in the sun, but there is still lots to build first.