It all sounds like a bloody good start to me. I see a lot of potential for HBD, Hive too, but Hive itself is already on the right path in my eyes. HBD though, I think it deserves a bit more love and attention.
This new idea about the Bond does make things a bit more interesting. And if both the current flexible Savings option and the Bond option are available to the users, then I just see HBD getting more attention. More people coming in to invest in HBD, for both long and short term, which in my eyes is much needed.
Also, 25% APR is no joke, whether it be an ALT or a stable coin. Since HBD is backed by Hive and does tend to move up and down a bit, therefore 25% does sound quite good. Even I myself see some proper potential and wouldn't mind locking up some HBD for a year or two. And as you mentioned about compounding, if it is all done right and if Hive does keep on growing as it is now. Then there's surely some huge potential long-term for the ones investing in HBD.
From whatever amateur level knowledge I have about Hive and Crypto itself, that's probably all I can add to the topic, my 2 cents. Cheers 🥃
Thanks for your reply.
I am not sure if you get this point but the movement of HIVE, up or down, as it pertains to HBD is not relevant. If the price goes up, then less HIVE/HBD is given on conversion. When HIVE goes down, more is received for each HBD.
So the swing in price only affects the amount one receives in HIVE, not the value of the backing. That is where the stability is designed to come from.
I agree, it does make it more attractive to people both inside and outside of Hive.
25% is a strong return with little downside risk.
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Ahh, didn't know that, learning something new everyday haha.
25% is really good, whether it be just Crypto or out there in the "real world". Combined with compounding, it can give back some impressive returns.
25% will create a lot of wealth over time for those who know how to use it and seek to compound.
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YES SIRRR, absolutely no doubts there. 🥃