Lower HBD interest rate
Will be doing that for my witness after VSC liquidity pool deployment depending on actual APR for LP providers and yield for lending competing stablecoins
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Lower HBD interest rate
Will be doing that for my witness after VSC liquidity pool deployment depending on actual APR for LP providers and yield for lending competing stablecoins
Yea that was one of the first things that came to mind when LB was telling me about the new pools all being based around HBD. It's going to be extremely difficult for any LP to compete with that unless it has high fees and volatile pairs doing serious volume. At some point I think the chain has to decide to lower that HBD APR for its own survival, even if it means short term pain from people dumping it. Arguably having people dump it below a dollar while others are looking to lock up a lot of HBD into long term LPs could balance out. I guess we'll see.