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Achim Beda
@achim03
74
- Founder of the Liotes project - Hive Witness with @liotes - Hive-Engine Witness @liotes
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2799
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Location
Switzerland
Website
https://www.liotes.com
Created
2018-03-26 12:54
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achim03
liotes
3d
RE: Welcome to the Sirocco Bender family ifarmgirl
Thanks for stopping by!
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achim03
liotes
3d
RE: Welcome to the Sirocco Bender family ifarmgirl
The numbers are looking good this week. It's going quite well indeed :-)
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achim03
liotes
3d
RE: Welcome to the Sirocco Bender family ifarmgirl
Yes, it gets harder to be in top 15 ;-)
achim03
Town Square
3d
RE: Is 10% APR on HBD Savings Too High?
If the reduction on saving interests is too abrupt, people don't have a choice to get out of it and look for better returns. That would have a drastic price impact. On the other hand, every percentage
achim03
Town Square
3d
RE: Is 10% APR on HBD Savings Too High?
That's a good point in keeping it dynamic. That's the reason we ask the community.
achim03
HiveDevs
5d
RE: Tibbi Talks: Why do we have ads on 3Speak now?!
I think that you have added a very important layer to 3speak that would allow to bring external money to hive and also allow long term return for creators. I think the bottleneck might be to get enough
achim03
liotes
5d
RE: Welcome to the Sirocco Bender family ifarmgirl
You are welcome!
achim03
liotes
5d
RE: Welcome to the Sirocco Bender family ifarmgirl
congratulations for reaching this level! Well it was short but nice :-)
achim03
claude
7d
RE: Coming back from Hivefest and lots of stuff running through my mind.
I really like that's something that I will be able to use on a regular basis. Claude is definitely a game changer. I only have the 20 $ subscription but it's often enough for what I have in mind. It allowed
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
10% looks like a rate that we got used to.
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
I think the issue is that most people don't really understand why it matters. There are 6.3 million HBD in savings. This means that at 10% interests there will be 630'000 HBD printed or 12.6 million hive,
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
You are exactly right to point out that we need to find a rate that is still somewhat interesting to investors but that don't print too many HBD :-)
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
Thanks for the feed-back!
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
The return on staked HP and bascially all the reward pool is programmed on the blockchain but hbd interests are not. They come above this inflation. We can't modify the 4.4% on HP but it's up to the witnesses
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
But we don't look at it from a investor perspective because these 10%, we actively finance them by the devaluation of the hive price. From our perspective that's what needs to be our focus. Every HBD paid
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
Yes but I think in spite of that, lower interest rates on lower ranked witnesses have a psychological impact on the higher places ones. If they see lower interest rates below them, they feel less bad to
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
so cutting down HBD is not for investment, but more on trying to save HIVE price Exactly, reducing HBD interests slightly reduces the supply that is generated because of it. Each HBD representing around
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
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
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
That's quite true :-)
achim03
Town Square
8d
RE: Is 10% APR on HBD Savings Too High?
I quite agree with your position. We should reduce the interests step by step to avoid a one time exodus from people holding hbd.
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