You want high APR going to passive HBD holders taking no risk on themselves and putting that risk onto the community. And you are slowly justifying it with such blogs.
I'm not sure how many times I have to repeat what I actually want before you stop strawman attacking me.
I've said it more than a dozen times; including this post.
the risk to the base layer is minimised
The system being proposed increases risk to the base layer by taking away the community's power to make adjustments in real time. The system being posed has a negative EV and thus an overall net value. The system being proposed makes HBD less valuable and makes less users want to hold it. Higher timelocks are not good. They bad.
I'm not convinced you've spent even one hour researching the Eurodollar system other than what Taskmaster has conveyed to you. I have not seen you apply any of this knowledge in any meaningful way with any meaningful insight.
Someone needs to debate you live in a public forum.
"Someone"? Really? Who?
Who's going to judge or moderate this debate?
What is even the topic of the debate and how is it any different that anything that's already been over-discussed?
RE: Debt is a Derivative of Collateral