Think about the VOUCHERS of the Chaos Legion, if that helps.

I like the convertible bond concept. HBD is a convertible bond that can be redeemed for $1 worth of HIVE (for each HBD) in 3 days time.

More APR on HBD savings => More HBD => Closer peg => More reliable stablecoin (because closer peg) => more market participants => More demand for HBD => Increase of marketcap of HIVE

Couple this with more "sinks", providing more use cases, and we see could see things taking off.

That was why I started to toy around with the idea of Hive Bonds. Get more HBD produced yet feed into the stability of the token. This will help a great deal.

The bottom line is we need 10 billion HBD to be considered a legitimate stablecoin. We are not going to get that from 2.3 million HBD locked into savings at 12%.