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RE: Blocktrades proposal to quarantine and increase HBD interest rates

in LeoFinance3 years ago

I was interested by your idea of removing the inflation mechanism on HP and moving it to hive in savings. Not sure how it would all pay out but maybe there would be people with HP who aren't active voters and aren't invested in governance who would rather go for 3 day lockup of savings and a higher interest rate than 3.2% we are presently giving for holding hp that would move to hive in savings.
Something I'd be interested to hear people talk about it and we will get to see an experiment with HBD first for many months anyway

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The return will also be based on a stable-ish coin. Which means it won't get part of price increases during bull market, or drops during the bear. Theoretically, but on the downside there are still not enough countermeasures against HBD price drops, imo.

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