smooth's comments - older posts | Ecency

DiscoverWavesCommunities

smooth

@smooth

73

Resource Credits

Available

Used

Created

2016-03-25 13:36

RSS Feed

Comments

Blog Posts Comments Communities Wallet

smooth

4y

RE: Signalling for 20% HBD interest

Terra is a bit different because they have a fixed treasury that came from a premine. Hive is inflationary by design. Arbitrarily high interest paid on arbitrarily high savings would not be sustainable,

$ 0.056

2

smooth

4y

RE: Signalling for 20% HBD interest

It can vary under any conditions. It is not a "promised" rate. This should always be made clear.

$ 0.161

1

smooth

4y

RE: Signalling for 20% HBD interest

Being monthly, that means that is the shortest term you can use it for your dApp users without dipping into your own pocket. Just draw from principal. The interest will replenish it at the end of the month

smooth

4y

RE: 20% APR For Hive Dollars | Decentralization In Action

There are two issues to the rate one being absolute cost and the other being diminishing returns. On the absolute cost, it is minimal at 20% given the low amount of savings but wouldn't be minimal at 1000%

smooth

4y

RE: 20% APR For Hive Dollars | Decentralization In Action

I agree with most of this except that I think the free account credits are facilitating much of the new account spam. Were it not for that, a fee of 1 HIVE or such would likely be sufficient to be a minimal

smooth

4y

RE: 20% APR For Hive Dollars | Decentralization In Action

which can also happen suddenly, there is no theoretical limit on how quickly the $2.8 million UpBit HBD could be put into savings Sure, but even if that happened the inflation from HBD savings would still

smooth

4y

RE: 20% APR For Hive Dollars | Decentralization In Action

Remidner you have to 'claim' interest once per month by performing some savings transaction. Depositing or withdrawing 0.001 HBD is sufficient. If you don't claim you will continue to accrue interest but

smooth

4y

RE: 5th update of 2022 on BlockTrades work on Hive software

Recent blocks in a chain can be reversed. So you can see them as an indication of what transactions will occur but can't rely on them (for example to perform a trade). Currently in Hive it takes about

smooth

4y

RE: 5th update of 2022 on BlockTrades work on Hive software

It is additional inflation. Currently this is very minimal (about 0.1%) because only HBD held in savings gets interest and that is only around 3 million. If that were to increase too much relative to overall

smooth

4y

RE: 5th update of 2022 on BlockTrades work on Hive software

smooth

4y

RE: 20% APR For Hive Dollars | Decentralization In Action

I'm not really sure why no one wanted to change the account fee, but there has always been more discussion and recognition of the need to adjust the APR (or at least for a long time; I think back in 2016-2017

smooth

4y

RE: Signalling for 20% HBD interest

DAO can't get interest because it can't go into savings.

smooth

4y

RE: 20% APR For Hive Dollars | Decentralization In Action

Interest is paid in HBD back to the savings account

smooth

4y

RE: Signalling for 20% HBD interest

Interest isn't affected by haircut but if conditions called for it witnesses could consider changing the rate including to zero. That might or might not be a good idea since it would reduce supply but

smooth

4y

RE: HBD Interest Payouts For March 2022

Ah good point. With <30 days in the month, some accounts would not have been able to claim.

smooth

4y

RE: HBD Interest Payouts For March 2022

If you claim it, you will get interest on the interest. When it is pending, you don't, although of course unclaimed interest on the deposited amount continues to grow. Of course, with only 0.05 in pending

smooth

4y

RE: HBD Interest Payouts For March 2022

Staking HIVE is okay, since you get about 8% interest, plus potential curation rewards, plus potential price appreciation. However those holding liquid HIVE should really consider either staking it as

smooth

4y

RE: HBD stabilizer continuation March 2022

The profit was all sent to DHF which has plenty of funding now. Someone with the right skills and connections just needs to make the proposal.

smooth

4y

RE: Will Hive Power Become Deflationary?

The other thing to keep in mind is the basic HIVE inflation rate declining by 0.5% per year.

smooth

4y

RE: Hive Backed Dollar: Secondary Innovations

Not very informed about Hive UI development so I can't comment.

← Latest Older →