RE: HBD Interest Payouts For October 2021
What are you thoughts on HBD interest payouts. Is 10% good APR? Too high or too low? Let me know in the comments.
I'm not a blockchain economics expert, but I do know my finances a little bit. I believe this is positive, and I would like to see this % grow a little bit more just to see the elasticity of the feature. By saving SBD you are betting that the Hive price won't pump higher than 10%, which is fairly possible as we've seen pumps above that in the past months, and with any cryptocurrency with this market cap it is quite easy to pump. If you believe a bear market is coming, you stash SBD, if you believe the bulls are coming, you stash liquid Hive.
After all, it is just another way of gambling by predicting something will happen with the hive and overall market, but isn't that just most of what happens in crypto? I believe this will happen so I do this. But in the end, aren't we all just playing fools? Cause nobody knows what the market holds, and the market will do what the market wants to do :P
Either way, I think 10% is a good amount, I definitely wouldn't lower it, perhaps even rise it a little bit.