congratulations for reaching this level! Well it was short but nice :-)

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

10% looks like a rate that we got used to.

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,

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 :-)

Thanks for the feed-back!

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

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

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

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

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

That's quite true :-)

I quite agree with your position. We should reduce the interests step by step to avoid a one time exodus from people holding hbd.

Too high interests and we explode the hive supply. Too little interests and we incite a supply shock today by people converting hbd for hive and selling. there is no good answer to be honest.

We kind of got used to it :-)

You are right to mention the depeg. Too little interests and people convert HBD into Hive and sell, creating lower prices of hive and increasing depeg danger. Too high interests and we increase the potential

That's true.

The thing with the interest rates on HBD is that it's something that we all pay in the future. The interests are in addition to the organic hive inflation and it's bascially money printed out of thin air.

The interest rates on HBD are a way to avoid everybody converting them to hive and thereby increasing the hive supply dramatically. I totally agree that hbd interests don't bring much to the table, other

Bascially, the interests on HBD are coming in addition to the natural inflation of hive. The problem is that with low hive prices, these interests represent a lot of hive tokens that are minted out of