Yep, I'd sure love for the APR on staked HBD to go back to 20%, or even stay at 15%, but indeed, 12% does seem to be the sweet spot, or at least not quite as bitter as 6%. You're right, if the APR goes to or below 10%, there would be little to no motivation at all to keep it in Savings. I know that I'd probably just convert it to HIVE and power it up. 😁🙏💚✨🤙
!ALIVE
!BBH
!PIZZA
!ZOMBIE
In my opinion, the interest in HBD Savings should be more than the gains from curation and inflation from Hive Power combined, before most long-term investors on Hive would prefer to put their tokens in HBD Savings !INSTEAD of HP. 🤔🧘♂️💸🤯🤓
I know that @borniet would also be interested to see this comment. 😎😏
!WEIRD
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!HOPE
The only problem with that is that HBD is a HIVE IUO, so Hive debt, which means that the more HBD that there is, the more actual and virtual HIVE must be created to counterbalance it. While it's definitely not the main cause, high APR on HBD in Savings has directly contributed to our exceedingly-high Hive Debt and HIVE inflation. 😁🙏💚✨🤙
!HOPE
!INDEED
!WEIRD
Indeed, and I think the majority of HBD that would still be in savings at 6% would be the "sleeper accounts", the ones that parked it here for the gains and nothing else. So basically, you'll be rewarding them less, while punishing the others...
!BEER
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!BRAINDEAD
!INDEED
Sleeper or dead accounts, and indeed, 6% would be an unpleasant course of action. 😁🙏💚✨🤙
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!MMB
!STRIDE
!ZOMBIE