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. π€ That way, there will be a decentralized way to earn from holding HBD apart from putting HBD into Hive Savings. π
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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? π π π β¨ π€
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I was just referring to the possibility, not the likelihood (of SWAP.HBD getting APR without getting staked first) !INDEED. π€―π
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. π Anyone can also put HBD or HIVE to any Hive account's savings. π€ 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. π
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Indeed, and OK.
Yes, that protective feature is useful, true. π π π β¨ π€
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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. π§ββοΈπ€
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That safety feature for any Hive account also applies just in case its private active (or owner) key gets leaked, where if the "good guys" catch the leak first, they will immediately put all HIVE and HBD tokens into the Savings of the Hive account and give the owner 3 days to change the keys. π€
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Indeed, and again, also true. π π π β¨ π€
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Another way to keep the tokens of an unattended Hive account whose private active (and/or owner) key has leaked safe is to transfer all its tokens (probably including its #HiveEngine tokens too) to a Hive account whose owner (or owners) is both trustworthy and competent, such that the owner will simply return the tokens once the owner of the Hive account with leaked keys successfully changes his/her account's keys. π€
The advantage is that there will be enough time for the owner of the account to change the keys, though the disadvantage is that the owner of the other Hive account who temporarily keeps the tokens will be responsible for returning all the tokens after verifying if the person who changed the keys is indeed the owner of the account. π€―π€―π
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