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RE: Is 10% APR on HBD Savings Too High?
(edited)
I dont think so it needs to keep at 10 right now…. Especially if hbd is so close yo depeg lately
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You are viewing a single comment's thread:
I dont think so it needs to keep at 10 right now…. Especially if hbd is so close yo depeg lately
You are right to mention the depeg. Too little interests and people convert HBD into Hive and sell, creating lower prices of hive and increasing depeg danger. Too high interests and we increase the potential hive supply by minting more hbd. Which could turn on us in the future for the exact same reasons. I believe that we would need to tighten the interests little by little.