RE: Dilemma: Hive Power or HBD in Savings
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20% APR is concerning
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You are viewing a single comment's thread:
20% APR is concerning
Posted Using LeoFinance Beta
No it’s not
Posted Using LeoFinance Beta
I'm very new here. Can you please enlighten me on why the APY is not a burden to the ecosystem? I'm having Terra UST Anchor protocol 20% APY flashback; they feel oddly similar. Or point me to sources that explain how HBD and HBD staking works (the HIVE whitepaper doesn't explain it). I really appreciate any help you can provide.
Posted Using LeoFinance Beta
Yeah I get your plight, sorry about your experience with UST. I’ll go check for the posts and link them here in a bit
https://leofinance.io/@taskmaster4450/hbd-20-interest-is-sustainable
https://leofinance.io/@taskmaster4450/where-the-value-of-hbd-resides
Here you go
Thank you, I really appreciate your help
Posted Using LeoFinance Beta
You’re welcome. Try to read this too. It compares hbd to UST and why UST can’t happen to hbd.
https://leofinance.io/@edicted/the-future-of-stable-coins