Words
92
Reading
1 min
Listen
Play
3d
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 that we pay, means a direct devaluation of hive because every HBD can be converted to hive. So with low hive prices, each HBD represents a lot of hive. Lowering interests is in my opinion the correct way for a long term strategy and doing it slowly is to avoid a big drop in price.
RE: Is 10% APR on HBD Savings Too High?