One more thing to discuss is the way users claim the interest. It's kinda confusing. Can we possibly make it more user-friendly or easy to understand?
I think we can add a timer on the front-ends and display the next possible claim action + accumulated interest so far. Something like:
Accumulated interest is 10.000 HBD,
Paid in 20 days
And if it's possible to claim, add a claim button where the user sends 0.001 HBD to himself.
Front ends can compute and display the pending interest easily. Slightly clever ones could even display it dynamically where you can see your interest ticking up in real time.
Is this implemented on any front ends currently?
Not to my knowledge. HBD has only been paying interest at all for a month or two, so it hasn't been something that would have been useful before that.
Makes sense, something like that would be super useful (saves me trips to hive blocks with a calculator 😂) would probably help even more HBD come off exchanges if they can see exactly they’ve earned by having it off there
We added the percentage when HBD started getting a percentage and I have added a preliminary ticket in case this ends up actually happening and people pay more attention to it. And i suppose a button that when it's "harvestable" transfers your hbd somewhere and transfers it back triggering an actual payment. Something like that @smooth ?
Looks good. I believe the above suggestion of transferring 0.001 HBD to yourself would probably work to harvest.
Actually, on second thought, since we're talking about HBD in savings here, you can't just transfer (since it isn't liquid), you would have to deposit another 0.001 HBD into savings, but then you would have to have 0.001 HBD liquid to do that.
So I'm not really sure what is the best way to harvest.
I don't see it happening in this HF but perhaps in a future HF adding a special op to claim interest in savings would be the way to go.
unstake .001hbd ? Seems like a small price to pay to have an action go through.
That would be brilliant, I agree with jarvie that it’s a small price to pay for your sweet sweet interest in the meantime
Wicked I was excited when I saw it pop up was very good quick work, I was thinking also maybe a ticker that is Ledger/Coinbase esque that shows how must interest you’ve earned so far - that would be a seriously sick feature that would make sense to a “investor” - would it be to difficult to implement ?
IF the price peg is helped by the upcoming HF and people start putting money into the wallet AND witnesses decide to increase the rate to a part that would make people excited then we could do it. Right now it's not worth doing because it is presently silly to keep HBD and not sell it at the high rate.
First I didn't see the "pending interest" on any API but now I see there is "Hbd seconds". I think it can be computed to the HBD value. Great.
Yes hbd_seconds and hbd_seconds_last update. You need to look at the current balance and elapsed time since last update and add that to hbd_seconds.