RE: What is the appropriate APR for HBD savings according to you ?

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RE: What is the appropriate APR for HBD savings according to you ?

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jesuslnrs in #tribes • last year

I had never thought about this topic, in fact I think it is a marvel with the current 20% and I didn't understand why it has been in discussion for so long until I read the comments on this post, now I don't know what to think hahaha. I see it from the point of view of the humblest people who come to Hive to obtain profits to help them in their day to day, especially Cubans, Nigerians and Venezuelans who are a great amount and more than thinking about investing they think about income to survive, in that aspect the 20% is fine, but regarding whales and accounts with much HBD... Now I have begun to notice the imbalance that exists, I believe that the ideal is that the biggest profit is in HP, but I am only a humble servant reading comments and learning 😬

last year in #tribes by jesuslnrs

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achim03 last year

I think it is a marvel with the current 20%

I think you are not wrong here but very often people don't really realize where this money is actually come from... Because every percentage that is paid is actually dilluting the value of all the remaining HBD and indirectly Hive tokens.

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godfish last year

Yes, this point is definitely worth mentioning - HBD interest means rewarding inactivity. A part of the Reward Pool is distributed among those, who simply deposit their money in Savings. I believe distributing the RP among creators, curators, witnesses and people helping Hive grow through projects supported by community Proposals would be more beneficient to the network. I don't say it is definitely true, I may be missing some important bit, yet this is what the common sense suggests :)

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achim03 last year

I think that the reward pool is the best marketing tool that we have on hive. People can actually earn some money. With the RP we attract active actors, with HBD interests we want to attract idle people. What does it bring to hive to have that?

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godfish last year

Yes, that is my point. Besides, the interest rate has been like that for two or three years and I don't think it brought benefit worth spending the interest. Currently, there's nearly $ 8 million vested in Savings. It means about $ 1.5 million will be paid out this year if we decide to keep the rate. What will the community get for that money? Except for the people who have their mony in Savings getting some extra cash, obviously :)

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jesuslnrs last year

That's right brother, most of them don't realize where it comes from and even worse, maybe they don't care as long as they are satisfied. I sin by ignorance but I have really opened my eyes a little on this subject, now I understand why it is so controversial 😅

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liotes last year

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