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RE: Hive has officially reached the desperation phase.

in LeoFinancelast year (edited)

Slight tangent, but I believe HBD APR doesn't require a HF.

Deathwing's suggestion would probably do though.

Also another slight tangent, since Witnesses get paid in HP, increasing the HP APR is Witnesses paying themselves more in an indirect way.

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HBD APR changes don't require a hardfork.

This is an irrelevant detail because lowering the APR will make number go down even though the pretext being presented claims number will go up.

Wtinesses paying themselves more, in a indirect way.

Not really because the a lot of the witnesses don't even have that much stake.
I have more stake than a lot of the top 20 witnesses, including deathwing's account.
I don't see it as a ploy for self-aggrandizement.

This is an irrelevant detail because lowering the APR will make number go down even though the pretext being presented claims number will go up.

That is why I said it was a tangent.

Not really because the a lot of the witnesses don't even have that much stake.
I have more stake than a lot of the top 20 witnesses, including deathwing's account.
I don't see it as a ploy for self-aggrandizement.

I am not saying that is why they are doing this, it is just a side-effect of them getting paid in HP. So any change to HP APR makes them earn more, even though it is not their intention.

Yes you're right the optics are bad.

It would be bad policy to allow witnesses change the system without doing the game-theory on how those policies directly benefit themselves, potentially at the expense of others. For example what if the witness in question had a huge stack of HBD and they purposefully wanted to tank the value of Hive so they could more than double their HP value using the HBD stack? Ya never know, of course again I don't think there is anything shady going on in this case.