What if the person is holding HBD just to buy hive when he gets the right price? He won't get interest since he is not holding em in savings? I believe everyone deserves to get interest for their HBD irrespective of their savings. Just my opinion.
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It only takes a couple of days to stake or unstake.
I believe it's 3 days. And days and even hours matters in crypto world. Price goes extremely high and quite low in less span bro.
That's the whole point of the staking to make it less volatile. No one stopping you keeping it liquid.
Probably people sell their HBD for other cryptos but people like me like reinvent HBD in the same blockchain for HIVE. I can't immediately buy hive if I put my hbd in savings when I see good price for hive to buy. So, people like me deserve interest since we are reinvesting it in the community itself. Just my opinion.
You can't have both no staking time delay cost and get staking rewards otherwise what is the point of the staking rewards. My opinion obviously but inflation should be a reward for doing something (securing the network, undertaking proof of brain ie posting and curating, or locking up tokens)
Then don't stake.
As mentioned, the current interest rate is essentially meaningless relative to the current volatility (to traders who currently speculate on the rather meaningless of HBD once it goes much over $1 on the markets). But this change is being proposed in concert with the change that is planned to peg HBD. In other words, if the new operation to maintain the peg works correctly, there won't be many people speculating on the price of HBD any more and hence little risk of missing a speculative opportunity.
But if you're just arguing against staking rewards as a "good thing" in DeFi, I'm not the one to defend the concept. I just recognize it is a popular one in cryptocurrency now and a lot of Hive stakeholders would like to see similar functionality here in Hive.
In that case it would be better if we could move funds from savings to current much faster, rather than waiting for 3 days. Idk much but I do want to see defi like staking in Hive. 🙂
The best time to buy HIVE is all the time ;D
😳 yeah true that but no of Hive you get is matters. I'm a small fish, I can't afford potential loss. All I do is wait for the low price and buy it, it also helps hive price to move high when price gets low.