This is a post to see who else is interested in seeing a high interest Certificate of Deposit product for $HBD
*Image from Google
You can currently deposit $HBD into the saving account section of your wallet and receive 12% APR which is paid monthly. This is a better interest rate than other companies like Celsius & Nexo are paying for their stable coins.
$HEX claims that they pay 40% APY on average to their depositors. However $HEX is not a stable Coin. And there's a slew of other options to Stake and Farm with your stable coins on various DEFI Protocols and get a better rate of 12%.
Please comment below and answer these questions below and be sure to add your opinions and thoughts as to the pro's and cons of having a High Interest CD for $HBD.
- Are you interested in participating in a High Interest Certificate of Deposit for $HBD ?
- What interest rate would entice you to lock up your $HBD?
- What time frame or time frames should be offered? 6 months or 6 month increments, 1 Year, 5 years, 10 years, or even longer?
- Should longer time frames get higher interest rates?
- What are the pro's or con's of an $HBD CD? Would this be beneficial to $HIVE?
- Would it be possible to offer insurance on deposits?
- Please add any other thoughts or comments you may have below and lets discuss.
Please show your interest below by commenting to the above questions!