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RE: Signalling for 20% HBD interest
Yes and that Hive being sold will reduce the amount out there, actually making HIVE deflationary.
Plus, we need more HBD if we are going to be a stablecoin. Do you think 9 million HBD is enough to engage in commercial activities?
We already have no liquidity in it.
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0E-8 BEE
I would expect the 20% to be tapered back eventually. High interest like that should be available to long term stakers. I hope u continue to advocate for that task. But for now, temporarily we propose 20% for three day lock in, based on us actually building out the staking system. 20% Apr should be for 6 months stake locked in. Not three days. Hope u continue to push for that task.
Now we just gotta get a proposal out to get hbd backed by 1mil worth of btc and make sure that there is a guaranteed hbd btc conversion from a btc multi sig. that plus tipping hive content with lightening (which BoL has essentially completed ability to integrate into other front ends by API) puts hive at the front.
Our witness @threespeak will move to 20% Apr temporarily on the basis that we build longer term lock ins and btc backing
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