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RE: Hive Needs A Permanent HBD Vault

in LeoFinance2 years ago

That's going to be a bit of a stretch for some people. Especially given the burn that many of them saw on tokens like LUNA and stuff like that. I think Hive is definitely safer to do a time lock than some of the other ones, but like I said, I think a lot of people are going to be hesitant. I think it looks great on paper, but that human factor is so unpredictable.

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Not even comparible. There is already a time lock on Hive with HBD of 3 days. We are just giving community projects the option of locking it up permanently.

Nothing is really burned. It is similar to the HBD in the DHF, it is not really circulating isnce so little is released each day.

Posted Using LeoFinance Beta

I don't think you understood what I was saying. We have already seen that people don't like locking things up for long periods of time. Hence the constant requests to change the power down period. That coupled with the recent hits on locked assets that people have taken and many of them are on edge. It might make them skittish about locking up HBD for longer no matter how safe or good of an idea it might be.