Things can certanly change fast on Hive. A few months back the Debt was close to 10%, hitting a five years highs, and now we are at 3%, that basicly to the preivous lows in the first half of 2022, when at occasions we were even bellow 3%.
The price increase has done its thing
Hope we maintain or increase this level of market cap, giving HBD a much more healtier and secure status.
Time for increasing HBD interest maybe?
I don't think that would have any value to the network at this point.
Besides it has to be stable for months before we even discuss it.
No sense in creating a volatile pump/dump on purpose.
If anything we should be lowering it as we ramp into the end of the cycle.
So we can crank it to the moon during the bear.
But also I would advocate lowering it until we were >$1. Maybe $2 even.
I like it :)
kek
So where's the apology tour?
All I hear is silence from the people who said this thing was going to collapse under the weigh of "shear unsustainability". As per usual; classic social media.
We are so back!
Let's gooo, Low DEBT!!!!
Yey :)
Effects of Hive price surge, no?
Yes
Great stuff! Just think if they cranked up the APR on HBD to 25%. So much money would come to the chain. The volume is getting noticed now but that would really crank it up!
When everybody cash out HIVE to HBD it will be more than 20%...
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We may see debt in the 1-2% range at the peak of the bull market. It will be epic if later we come to a binding.
I have started buying more HBD. Getting 15% is great for a stable coin !