You are viewing a single comment's thread from:

RE: Some Thoughts On Hive Backed Dollar (HBD)

in LeoFinance3 years ago (edited)

We want people to be enticed by the return yet do not want it to be so great that every HBD on the market is shoveled into savings

Well this can be tricky, however, since 10% is quite a decent interest rate I believe some people would be interested and others generally wouldn't. Nevertheless if it'll be too much, 5% wouldn't be bad. Since having too much of HBD saved for the profit can't be so good. All in all I hope we will maintain the stability of HBD for a really long time.

Posted Using LeoFinance Beta

Sort:  

At this point there is little use case for HBD so it is really not totally relevant. I think the 10% makes a lot of sense and, if the Witnesses wanted to, they could increase it a bit more to see how things go.

Posted Using LeoFinance Beta

Well seems the increase or decrease could be done at least for experimental purposes to see what eventually works.

Posted Using LeoFinance Beta

I wouldn't like 5%...

It would change my investment strategy.

Posted Using LeoFinance Beta