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RE: I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #1095 - The VSC HBD Dilemma - GaiaYoga Gardens, Lower Puna, Far East Big Island, Hawai'i - Sunday, July 27, 2025

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aliveandthriving in We Are Alive Tribe • last year

If we are going to have to put in HBD for the VSC is the return going to better than the savings of HBD?

I wonder if this may unstabilise HBD and what other effects it may have on other tokens.

There is a lot of unknowns going on here could be interesting to see how this works out hopefully it is a good thing overall.

Have the best day @tydynrain

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last year in We Are Alive Tribe by aliveandthriving

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tydynrain last year

Staking HBD in VSC gives a 15% APR too, but it also produces sHBD, which is transferable and tradeable, so it gives more options. I still haven't staked any HBD yet, but I probably will soon, to experiment.

Well, between SpendHBD/Distriator and VSC, everyone's going to need a whole lot more HBD, so that's a good question about how this will affect the token economy.

It is very new, and also quite different from anything which has been done before, so aside from the dev team and the testers, we're all learning as we go. I believe that VSC will be a very beneficial and positive thing for Hive.

Thanks a lot, @benthomaswwd, and I'm wishing you a marvelously magnificent midweek, brother! 😁 🙏 💚 ✨ 🤙

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savvyplayer last year

I wonder if more people on Hive would hold more HBD (on the first layer of the Hive blockchain) if it continued to earn 15% interest whether or not it is staked !INDEED. 🤓

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tydynrain last year

That'd be a nifty trick, and good question. 😁🙏💚✨🤙

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savvyplayer last year

The majority of top #HiveEngine Witnesses can decide to have a Hive Engine fork where SWAP.HBD earns APR (something like 15% per year) without the need to stake them. 🤓 That way, there will be a decentralized way to earn from holding HBD apart from putting HBD into Hive Savings. 😎

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tydynrain last year

Indeed, though unless there was strong community support, it wouldn't succeed. Also, if HBD earned interest without staking it, what then would be the point of savings at all? 😁 🙏 💚 ✨ 🤙

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savvyplayer last year

I was just referring to the possibility, not the likelihood (of SWAP.HBD getting APR without getting staked first) !INDEED. 🤯😅

One useful purpose of HBD and HIVE Savings is to protect such of a Hive account (from unauthorized access), since it takes 3 days to withdraw from it. 😎 Anyone can also put HBD or HIVE to any Hive account's savings. 🤓 When a Hive account's active (or owner) key is compromised, its owner has 72 hours to change the private keys of the account to save all the funds in savings. 😏

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tydynrain last year

Indeed, and OK.

Yes, that protective feature is useful, true. 😁 🙏 💚 ✨ 🤙

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savvyplayer last year

That savings feature is helpful for people on Hive who want to safely stack on liquid HIVE and/or HBD without creating a cold wallet ("air-gapped" Hive account) for it and learning advanced methods !INDEED. 🧘‍♂️🤓

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