You are viewing a single comment's thread from:

RE: How much APR on HBD savings?

in Threespeak9 days ago

I think at this point the only reasonable level would 5%, even with that it will be increasing debt but not nearly as quickly. Once that 30% debt level is hit things will get really ugly if HBD loses it's peg...

Sort:  

Once that 30% debt level is hit things will get really ugly if HBD loses it's peg...

A lot of people seem not to realise that the haircut is there to protect hive by reducing the HBD supply. The problem is that the interests are something completely a part and with low hive prices, each hbd paid as interests is making things worse and pushes towards the haircut.

3 credits were added for the Liotes Ranking