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RE: 4 Reasons for Lowering the HBD Savings Interest Rate

in LeoFinance11 months ago

There is still no argument in your extended comment. Thank's for elaborating it anyways.

What is the benefit of the current rate? It did not bring masses to Hive. It did not affect trading volumes. I believe that lowering it would motivate people to vest Hive into HP, as it will bring higher profit than HBD in Savings. That is a simple math.

The more HP you have, the more incentive there is for you to use it. And to use it wisely. With more influence, many people (not everyone, obviously - others may not give a sh*t) would feel more responsibility. And would think more about voting and curating.

Those who only have HBD in Savings simply don't have to care about anything.

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I don’t think anyone keeps it only in HBD - I think they keep it both here and there for diversification.