The discounts only end when the downvotes start. apart from that, the discounts go on. Ideally we I want to see the APR on HBD lower so that we can give better, more compeitive rate loans to proven businesses using HBD, if the APR on HBD is 15%, we can only give loans to small businesses that have proven HBD revenue at 16% or above. the potential to flood the economy with HBD via commerce and legitimate businesses is far, far greater than the attraction of people staking for 15% APR on HBD, and so the lower the HBD base layer rate the better, the more we can out compete on loans to legitimate small businesses and provide much higher returns to creditors, while using the profits the businesses generate to pay back the creditors, and not HBD or Hive inflation
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Can you walk me through the reason why giving out loans is a good idea? How do you deal with defaults? Do you have any means to enforce repayment?