You are viewing a single comment's thread:

RE: Is 10% APR on HBD Savings Too High?

View full context
View direct parent

5 days ago

I think 8% would be more reasonable considering the debt, and the risk of the de peg of HBD. It might even have to go lower if the situation worsens and the de peg is looking inevitable

!PIMP
!BBH
!PIZZA

0.00100455 BEE

1 comments

@achim0374

3 days ago

I agree with you. Every percentage of interest that we pay increases the potential supply of hive, since every hbd can be converted. Dropping rates too fast, would create the danger that a lot of people dump hbd for hive and then sell hive and we would have a depeg and crash of hive price.

0.00000000 BEE