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RE: Signalling for 20% HBD interest
(edited)
IMO 20% too high for a three day lock. Happy to advocate for it temporarily to give hive best chance to meet its potential. But the sound thing to do is advocate 20% for a 6 month lock in. 3 day lock in at say 10% is better. (Obvs tech is not yet built for that).
Partial btc backing (say 1 mil worth of btc, 5-15% market cap) imo is great thing and will help bitcoiners view hive as more of a side chain than it already is. It’s essentially a hbd / btc liquidity pool that the hive chain printed up the liquidity for. I think it shows hive is very capable chain. Not many other chains could make that type of a power move
0E-8 BEE
That is true. Certainly this was the entire premise of a bond tree. The numbers could vary but just to toss it out there: 10% for 3 day; 15% for 90 day; 20% for 180; 25% for 1 year and so on.
This is also true. But for this reason, I think Hive has the opportunity not to show Bitcoin but go after Bitcoin. In the world of collateralization, as a base layer, Hive has the ability to do something else very little can do. For this reason, we need to focus upon making HBD pristine collateral instead of supporting Bitcoin. In the end, the latter will end up doing well there (in fact that is what I think its ultimate role). In the meantime, Hive can do it better if we implement some of the above levels as you mentioned.
I am working on the ideas surrounding this and how we can replace a great deal of what takes place in the Repo market and with interbank lending.
Hive honestly can step in here if my calculations are accurate.
More to come my friend.
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