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

in #tribes2 years ago

I don't like the reason to get a lower API just because of rumors, there should be math behind it! If the volume of HBD starts to go crazy then we should go down...

How do you define "going crazy"? Losing the "peg", or? As it is backed by HIVE, only HIVE can go "crazy", or I'm wrong?

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The marketcap of hbd shouldn’t reach 30% of the marketcap of hive… a way to low down is reducing the apr of savings correct? So less hbd is generated. However currently it is 7% only of the total market cap of Hive

Yeah, it is 7% atm... when we reach 30%, we can raise it to 50%... 😂 If governments can do it, we can do it too... 🤣

hehehe there is a nice article written by a witness that deserves to be read today, he wrote that when the change of apr had a bigger buzz last year!
https://peakd.com/hive/@yabapmatt/6-year-anniversary-post

lol this question inspired me and some other posts that I read in the same time, I would love to see your opinion about it , if you have time just swing by my blog and check it ( I won't post the link since I don't want to promote my post in you guys post) =)