Thanks for the explanation. This certainly is a big move by the Witnesses because, you stated, since you joined, there never was interest paid on HBD.

Tangenting a bit, we see the effort to strengthen the peg of HBD to 1 USD through the use of DHF. Is this move being done as a part of that effort, to try and incentivize people to hold HBD rather than speculate on it?

It seems that we could really use a stablecoin on Hive, which, if my understanding is correct, was the original intention of HBD.