You are viewing a single comment's thread from:

RE: Developers Discussing Hive Bonds And The Next Evolution Of HBD Time Locked Assets

in LeoFinance • 3 years ago

Just wondering, besides just the loans, can't you also have a market for the bond NFTs? I think it would allow people to flip it and add even more to the market. I think that is how the current bond market also works because you can sell the bonds to others.

Posted Using LeoFinance Beta

3 years ago in LeoFinance by
$0.00
    Reply 2
    Sort:  
  • Trending
    • [-]
     3 years ago  

    In this instance, they are one. The bonds are being represented as a NFTs, tied to a certain transaction on Hive. That is where the value of the remaining time is located. The market, of course, can decide the value it places upon each one.

    I think that is how the current bond market also works because you can sell the bonds to others.

    Certainly a system needs to be build where people have the option of either collateralizing or selling them. Both should be available to people.

    The payouts will simply go to whatever wallets has the NFT in it.

    Posted Using LeoFinance Beta

    $0.00
      Reply
      [-]
       3 years ago  

      From what I saw on 3speak, it looks like they don't want you to sell the bonds but rather a way to take a cut of the total amount as a fee. So would this still happen?

      Posted Using LeoFinance Beta

      $0.00
        Reply