You are viewing a single comment's thread:
RE: What is the Price of 20% APR on HBD Savings? .:. Late Night Blogging
I think it is a good time to look at the % rate for HBD. If we look at the figures from the Stabilizer for just 2023 ytd, it has already inflated the supply of Hive by 2M according to the last stats and this will grow exponentially as we see the interest payments growing quickly too.
0.00278825 BEE
The amount of Hive created by conversions from HBD stablilizer isn't really a measurement of how much inflation HBD or HBD interest creates.
That's not to disagree that HBD APR needs to be reviewed (I think it should be lowered to something marginally better than USD inflation rate, a modest incentive to save in HBD), just that the above isn't really a measurement of the net inflationary impact of either HBD or HBD interest.
I presume the best measure would be the total interest paid, converted to Hive. But what % is actually converted I'm not sure.
View more
I do understand that we are still "in the safe zone", but that doesn't mean that we should strangle HIVE and other tokens...