One cannot but acknowledge the work that went into creating of the SBD, the idea behind it, simply genius at the base level. Now that the HBD has more or less perfected the idea, i hope we see more people embracing it than before and more pairings on exchanges. I don’t know how increasing the interest rate will affect it but it will make it more competitive to hold compared to holding other stable coins out there. Ultimately I think this is a big win for hive
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The interest rate gives inventive to hold. Is the rate too low or too high at this moment? Nobody knows. It seems like 7% is a level that can easily be absorbed. We will have to watch the price of HBD on the market.
However, I would say a 10% test makes sense. See if the market can support that. It would be a nice level if it could hold plus gives the Witnesses some room to maneuver if they have to.
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I will like to see a 10% as well
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