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smooth
@smooth
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2016-03-25 13:36
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smooth
LeoFinance
5y
RE: HBD Interest Rates Are Now 20% | We're Building a $5M Liquidity Pair for HBD-USDC
You wouldn't want to buy $100K from a pool with only $100K on each side, this would result in enormous slippage. You would have to buy smaller chunks and hope the pool gets arbed back to 1-1 (which would
$ 0.000
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smooth
LeoFinance
5y
RE: With HBD At 20% Interest Will Everyone Abandon Hive Power?
$ 0.079
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smooth
LeoFinance
5y
RE: HBD Interest Rates Are Now 20% | We're Building a $5M Liquidity Pair for HBD-USDC
It's quite easy to buy six figures of HBD, but you need to be willing to pay a small premium. The HBD stabilizer will sell to anyone who bids over $1 and it has a budget of over $150K per day. If you want
smooth
LeoFinance
5y
RE: HBD Interest Rates Are Now 20% | We're Building a $5M Liquidity Pair for HBD-USDC
If that's all you want to do you won't need a lot. The free RC that comes with an account is probably enough. If you want to engage in more activity then you will need more RCs and need to power up more
smooth
LeoFinance
5y
RE: With HBD At 20% Interest Will Everyone Abandon Hive Power?
Yes it is interesting. Some of the pushback I got when attempting to build support for SBD and then HBD for years was that Tether was the most successful therefore nobody cares about decentralized algorithmic
smooth
LeoFinance
5y
RE: With HBD At 20% Interest Will Everyone Abandon Hive Power?
Yes delegated RC can be used to claim accounts. But it is a lot of RC (vastly more than regular transactions) and there are only a limited number of claims available. If a lot of accounts are needed and/or
smooth
LeoFinance
5y
RE: With HBD At 20% Interest Will Everyone Abandon Hive Power?
Only 9 million HBD in circulation but only the 3 million of that in savings earns interest. So this is really a very tiny amount. If that increases a lot the cost of interest may (or may not) become
smooth
LeoFinance
5y
RE: With HBD At 20% Interest Will Everyone Abandon Hive Power?
Over time (past 1-2 years considering what should happen as HBD begins to work better), yes liots of discussions, but this particular change caught on quickly. It had a lot of support and didn't need much
smooth
LeoFinance
5y
RE: 20% Interest Rate on HBD
I was also going to say that clearly @blocktrades must approve of something like this for it to happen, but his node isn't even signaling 20%; it's still at 12% He could still change his witness votes
smooth
HIVE CN 中文社区
5y
RE: 撒花:刚刚,HBD存款利率涨至20%
Thank you for the explainer and outreach to the CN community.
smooth
LeoFinance
5y
RE: What Is The Inflation From HBD Interest? How High Can It Go And Is It Sustainable?
I had a look at hivestats.io and most people make about 5 - 8% APR from curating It's not directly comparable because HIVE/HP has potential for appreciation. Within the past year it went up as much as
smooth
LeoFinance
5y
RE: With HBD At 20% Interest Will Everyone Abandon Hive Power?
This is the response I just gave somewhere else It's not directly comparable because HIVE/HP has potential for appreciation. Within the past year it went up as much as 2000%. The yield on HP makes sense
smooth
LeoFinance
5y
RE: 20% APR For Hive Dollars | Decentralization In Action
30 days after your last interest payment
smooth
LeoFinance
5y
RE: #MyHiveGoals - A New Goal...HBD?
I don't think witnesses would want to create a stampede for the exits. Usually there is a bias toward making small changes. The exception would be in a situation that is already becoming unstable. For
smooth
LeoFinance
5y
RE: #MyHiveGoals - A New Goal...HBD?
I don't think people should expect it to stay that high "forever". Just take advantage of it while it is there.
smooth
hbd
5y
RE: 👉 2️⃣0️⃣% 🅰️⍴® 👈
Upvoted for the meme
smooth
hbd
5y
RE: HBD Interest At 15% Now, Most Likely Soon To Be 20%
The backup counts each round.
smooth
LeoFinance
5y
RE: Signalling for 20% HBD interest
HIVE can generate a 1000% return, in fact it has in past multiple times. HBD can't. They're two very different risk-reward propositions.
smooth
LeoFinance
5y
RE: Signalling for 20% HBD interest
I would expect the 20% to be tapered back eventually Yes I don't think anyone would suggest it be "permanent" It is very important to make clear at all times that witness-set APR is variable
smooth
LeoFinance
5y
RE: Signalling for 20% HBD interest
I'd support this with a lower exchange rate, essentially a backup, maybe 0.98 or so. This would also have the advantage of avoiding depleting the BTC backstop quickly. Right at 1:1, a lot of BTC might
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