This is a very timely post. I was trying to follow the conversation started recently about lowering the HBD APR, and adjusting my witness votes to support those in favor of keeping it at 20%, and completely forgot about Hive Bonds.

Now, while I won't support a reduction in HBD APR at this time, I may be more inclined to consider it down the road when we can adjust that rate with an extended lock in period. I know so little about this particular topic, it's hard to have a valid opinion on it, but I've come to believe HBD, if it can continue to hold the peg as well as it has been for the last year or 2*, is how this ecosystem grows and thrives.

*From what I've seen HBD hasn't moved outside of 3% in either direction for the entirety of this year, and I don't recall seeing it outside of 5% for months leading up to that. I think most of us can do business with a 3% margin of error, particularly in the places HBD is gaining traction, where 3% may literally be $0.03 +/-.

I feel like Hive bonds are going to be very useful necessary going forward, specifically because of the option to get a higher return on something stable. I've been in the crypto space to some degree since 2013, and my primary complaint about the space is how volatile EVERYTHING is. I think that volatility is pretty much the only real reason crypto adoption is taking so much time (term used loosely). I'm very excited to see what unfolds after we get bonds, especially if we can adjust the rate of return based on time locked.