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RE: Why I set my witness HBD interest rate parameter to 7%

in #hbd3 years ago

This just adds to the hive inflation. As long as HBD is small it's not a problem. It can easily get out of hand though and we're playing with fire.

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It could if the interest rate were "high" but at 7% takes about 10 years just to double the supply of HBD, which is already very small (HBD in the DAO doesn't count). The amounts here aren't significant.

In the wallet tab on peakd.com it now says interest rates are at 5%

Is it an average from the interest witnesses choose? Or did the consensus move to 5%?

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