HBD is supposed to be spent, not staked for yield.

Base layer risk can be minimised more than it is now. That’s what’s important, and that should be the goal on a continuous basis. Employ alternative systems to get higher APR if u want it, but don’t do this on the base layer.

At this point, ur suggestions that bonds on hive are not necessary, and ‘keep the APR high’ needs to be debated.

Long time locks on HBD make it incredibly valuable. They considerably lower interest rates on collateralised loans. They would probably be the lowest rates in the world for pristine collateral imo. You cannot understate the economic value of this.

Bro the Euro dollar system was created where I was born. It’s just the same as any other collateralised loan market. It’s really not that hard to understand

I’m applying my knowledge of the Euro Dollar system right now.

The debate would be on the following:

1. is High APR HBD risky or not and can the risk be lowered while still providing reasonable APR’s?
2. Is short lock in on HBD risky or not and should users be asked to stay locked into HBD should the hair cut rule kick in and HBD drop lower than it’s peg, potentially for a considerable amount of time?
3. does a bond system benefit hive with HBD as pristine collateral and is hive moving there, or should this direction of travel be stopped?
4. Should APR on HBD be lowered based on an HBD bonds / time locks coming into play in the next hard fork or two?

• 1. Should hive leverage this bond system to recreate a collateralised loan system on hive LII that could be a viable replacement for the Euro Dollar system?

Also, I’d kindly like to ask you to stop being so disrespectful, there is no need for it. It doesn’t help the discussion.