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RE: 20% Interest on HBDs... A Good Idea...?

in LeoFinance3 years ago

Pumping the interest rate on HBD might get us some attention and even raise the price of Hive?

Probably this is amongst the goals of this initiation. If other people, who currently do not know about the Hive blockchain, will notice the Hive blockchain, and start using it, then that is a win-win situation for every Hive user, both old and new too.

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Exactly. We do have a lot of competition from other crypto projects which offer higher yield albeit a lot riskier.