You are viewing a single comment's thread from:

RE: Blocktrades proposal to quarantine and increase HBD interest rates

in LeoFinance3 years ago

So all we need is to triple the demand for HBD? I think this is at least a better solution than the temporary one right now. It can't hurt to try it and revert it afterwards if it doesn't work properly.

Posted Using LeoFinance Beta

Sort:  

If we hit the haircut cap that would be bad because that means that there's a demand for HBD that we can't fill, and if Hive dips users will not be able to convert it for the full $1 they are owed.

Thanks for clarifying it for me. I guess there are just many different factors to consider in order to make HBD work out and I hope that this change as well as the hard fork helps address them.

Posted Using LeoFinance Beta