RE: What is the appropriate APR for HBD savings according to you ?

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RE: What is the appropriate APR for HBD savings according to you ?

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gwajnberg in #tribes • 2 years ago

it looks like a scam to the outside or it devaluates all the existing Hive and HBD

That shouldn't be a reason to get a lower APR. I don't like the reason to get a lower API just because of rumors, there should be math behind it! If the volume of HBD starts to go crazy then we should go down... HBD will never be a truly stable coin, it is a token with an algorithm to try to get some stability to the USD. If you want to screw the apr just to convince people that it isn't a scam? Transform it in a real stable coin then... And people who don't come to the project because they say that HBD is is a scam because of the APR will find another excuse not join the project.

2 years ago in #tribes by gwajnberg

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ph1102 last year

I don't like the reason to get a lower API just because of rumors, there should be math behind it! If the volume of HBD starts to go crazy then we should go down...

How do you define "going crazy"? Losing the "peg", or? As it is backed by HIVE, only HIVE can go "crazy", or I'm wrong?

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gwajnberg last year

The marketcap of hbd shouldn’t reach 30% of the marketcap of hive… a way to low down is reducing the apr of savings correct? So less hbd is generated. However currently it is 7% only of the total market cap of Hive

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ph1102 last year

Yeah, it is 7% atm... when we reach 30%, we can raise it to 50%... 😂 If governments can do it, we can do it too... 🤣

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gwajnberg last year

hehehe there is a nice article written by a witness that deserves to be read today, he wrote that when the change of apr had a bigger buzz last year!
https://peakd.com/hive/@yabapmatt/6-year-anniversary-post

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gwajnberg last year

lol this question inspired me and some other posts that I read in the same time, I would love to see your opinion about it , if you have time just swing by my blog and check it ( I won't post the link since I don't want to promote my post in you guys post) =)

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liotes last year

3 credits added for the liotes ranking

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