74

Achim Beda

@achim03

- Founder of the Liotes project - Hive Witness with @liotes - Hive-Engine Witness @liotes

achim03
achim03

You are…

0
0.03610156 BEE
achim03
achim03

congratulations for reaching this level! Well it was short but nice…

0
0.00000000 BEE
achim03
achim03

10% looks like a rate that we got used…

0
0.00000000 BEE
achim03
achim03

I think the issue is that most people don't really understand why it matters. There are 6.3 million HBD in savings. This means that at 10% interests there will be 630'000 HBD…

1
0.00001467 BEE
achim03
achim03

You are exactly right to point out that we need to find a rate that is still somewhat interesting to investors but that don't print too many HBD…

0
0.00000000 BEE
achim03
achim03

Thanks for the…

1
0.00000000 BEE
achim03
achim03

The return on staked HP and bascially all the reward pool is programmed on the blockchain but hbd interests are not. They come above this inflation. We can't modify the 4.4% on…

0
0.00000000 BEE
achim03
achim03

But we don't look at it from a investor perspective because these 10%, we actively finance them by the devaluation of the hive price. From our perspective that's what needs to be…

0
0.00000000 BEE
achim03
achim03

Yes but I think in spite of that, lower interest rates on lower ranked witnesses have a psychological impact on the higher places ones. If they see lower interest rates below…

1
0.00071971 BEE
achim03
achim03

so cutting down HBD is not for investment, but more on trying to save HIVE price Exactly, reducing HBD interests slightly reduces the supply that is generated because of it.…

0
0.00000000 BEE