The point's not providing an APR to liquidity providers, it's more about 'incentivizing' a pool that will tighten much better the HBD peg.
For example, right now a simple 1000$ swap carries a 1-2% slippage, which is (if you allow me the expression) laughable.
We'll never attract enough liquidity without incentivizing it, and after this step is done, the black hole will just keep feeding itself.
More liquidity -> HBD peg tights -> HBD gains utility (as a 'better' stablecoin) --> more eyes on us & user expansion --> more HBD printing -> More liquidity -> (repeat)
We'll need more liquidity in orders of magnitude to make HBD work properly. This proposal is only a starting point.
Additional benefits:
These are a few but surely I'm missing some. Bihg thank your for your work on the HIVE ledger app @engrave :)
RE: DHF proposal to incentivize SWAP.HBD:SWAP.BUSD pool