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RE: What is the appropriate APR for HBD savings according to you ?

in #tribes4 months ago

Yes, this point is definitely worth mentioning - HBD interest means rewarding inactivity. A part of the Reward Pool is distributed among those, who simply deposit their money in Savings. I believe distributing the RP among creators, curators, witnesses and people helping Hive grow through projects supported by community Proposals would be more beneficient to the network. I don't say it is definitely true, I may be missing some important bit, yet this is what the common sense suggests :)

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I think that the reward pool is the best marketing tool that we have on hive. People can actually earn some money. With the RP we attract active actors, with HBD interests we want to attract idle people. What does it bring to hive to have that?

Yes, that is my point. Besides, the interest rate has been like that for two or three years and I don't think it brought benefit worth spending the interest. Currently, there's nearly $ 8 million vested in Savings. It means about $ 1.5 million will be paid out this year if we decide to keep the rate. What will the community get for that money? Except for the people who have their mony in Savings getting some extra cash, obviously :)