That yield was also manipulated up to 12% from literally 0% in the early days. I also didn't agree with it being lowered... especially at the bottom, but on-chain metrics suggest that 15% is working pretty

Easy bro don't try to say the quiet thing out loud you might upset someone.

Clearly I should not have used the term rugpull at all because out in the crypto jungle rugpull means you just lost everything. The context I'm using it here is just HBD yields dropping to 0%... so nobody

Yeah good to mention stuff like this. Witnesses can be removed from power immediately. Politicians can take years to remove... and their seats can be bought by advertising dollars.

Does having bonds attract more capital to the Hive ecosystem? Why would it? We are already offering 15% yield on HBD and it's attracted zero attention. As I already noted people look at it for 2 seconds

Now this was called Ripple at the time I was always called XRP. Ripple is the corporation/LLC/foundation that built the XRP token. It's also important to note that XRP is actully very centralized in terms

was def task I barely understand it even now

Just wait to you realize what's happening over at Red Note because of this. kek

ooo fancy

CAn you see: I am less risky to loan to on base layer because i will accept 8% for a full 365 day lock. you are much higher risk to loan to as you wont accept anything but 20% for a 3 day lock. of course

so the market sets the rate When the market is setting the rate of bonds it means that Hive can not issue bonds because the market is already selling them at a discounted rate. I'm not buying a 10% bond

neglecting to share that financial return The interesting thing is that Hive isn't earning any of these financial returns you're talking about. Social media financial return comes from collecting data

Yes the VSC solution is promising and maybe I should be focusing on it more... but it also feels weird to count the chicken before it hatches and depend on vaporous code to save the day.

This was YOUR idea Pretty sure that was my idea in 2019 before AMM even existed. Time flies.

We need more cat pics and memes Carving out a place for mainstream social media is fine by me... but I view Hive as far more than that considering the utility of an immutable text database. Does a cat

If the Fed just created FedCoin and ordered you to buy it You keep operating under this premise that the best way to control a population is totalitarianism and absolute control. That's not how it works.

The solution to variable free-market yields is in this post. It's the same as every other DEFI protocol that's been doing it since 2020. We should not be providing a guaranteed flat APR. We need to provide

Binance global is awesome I was using it until they got captured by the SEC... I never even looked at or considered Binance US for one second.

Yeah it's honestly annoying that I have to operate on this level where I need to talk about all this stuff as if everyone already understands it. But that's how it has to be otherwise the 2000 word post

The timelock on LP tokens is just for security purposes. In case the account gets stolen so you have time to recover it. Like you said it would be optional so a timelock somewhere between 0 and 1M blocks