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RE: Some Thoughts On Hive Backed Dollar (HBD)

in LeoFinance3 years ago

So the witnesses pretty much decide the interest rates and I think the hardforks will decide the required marketcap limit. I think the 10% is just so the entire supply doesn't get kick off. It makes people want to hold on to it.

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Correct. The interest rate is directly in the hands of the witnesses. That can be moved up or down at any time based upon the medium consensus.

We will see what happens in the discussion about the cap. Will it be increased or not? Worthy of a discussion.

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