RE: Is 20% APR for HBD too much ? (vote for what you think should be the new apr)

I see there are people that think that the HP interest rate should be more than the HBD interest rate...

But HBD is a stablecoin that isn't supposed to change in value. It makes no sense to invest in it if you get no interest. HIVE/HP could go up significantly in value in the next Bull market, so it makes sense to accumulate a lot of it even with no interest on it at all.

Also, I don't think South Africa is a big player in HIVE, but in my communities (music, surfing) I see a lot more people from countries like Nigeria, South America and Asia than first world countries...

So the biggest whales want 20% as well as the small guys.

With that said, it doesn't matter what we want. It needs to be something that is sustainable and will help HIVE grow.

I assume the number of active accounts reducing has more to do with the price of HIVE dropping since November 2021, which has more to do with Bitcoin and all other cryptocurrencies suffering in the Bear market than the HBD interest rate?