Hive power has an adjustment applied to it that resembles interest, but is not.
It comes from the inflation directly.
I think it gets 15% of the inflation.
The rest goes to witnesses, the reward pool, and the dao.
This inflation is reflected in the hive per mvest ratio.
Hbd interest is in addition to the other inflation, and only paid on hbd in savings accounts.
As usual, fantastic clarity delivered by you, good sir. Thank you for helping out. I should swing by lol, trust your meme game remains on point. :) Anyway, wishing you a great day! 🙏
Information wants to be free,...
Indeed, and in this internet age, there's more free info available than ever before. #Abundance :) 🙏
Thks @antisocialist. So there is no inflation nor intetest when the liquid Hives are moved to "savings"?
It confused me because they appear in the same account, like this:
Then.. I don't see much use in having hive in saving account.
Thks again!
Afaik, there is no interest on hive in savings.
Hive is meant to be traded, or powered up.
Powered up it loses less to the inflation.
In savings it is diluted at whatever the current interest rate is, that decreases each block and is around 8.5%.
When trading, you should make enough to cover the loss to inflation.
Clear as water now!