Nope but I know some witnesses have slowly been reducing down the APR. Honestly I never though 20% APR on a so called stablecoin was a good idea. There's massive negative pressure of like 200,000 HBD being paid out monthly that I would suspect gets sold off and for no reason. Hive is bleeding so damn badly and no one seems to want to admit it or correct it.
No one wants to build a project that brings in money to the chain.
they want to get funds / dump and build to get money from other chains and laugh.
LeoAds is the 1st money in flow I have seen deployed.
We are trying to go live ASAP to get money flowing in also.
When this happens we can finally fix Hive.
but the biggest inflow issue is Hive is not or ever will be on any of the main CEX that people use, and no one wants to build a highly effective to bridge to any of the top DEX platforms.
VSC will change things also.
You just can't get the top Hive accounts to care but I have faith they will go away over time.
Which is why I say support self funded projects. not the one's asking for delegation and dumping HBD/Hive to fund their lifestyle and development.
Nope but I know some witnesses have slowly been reducing down the APR. Honestly I never though 20% APR on a so called stablecoin was a good idea. There's massive negative pressure of like 200,000 HBD being paid out monthly that I would suspect gets sold off and for no reason. Hive is bleeding so damn badly and no one seems to want to admit it or correct it.
That slow reduction seems to be making an impact. Showing signs of movement. Keep refreshing the witness page on Peakd to see what I'm seeing.
No one wants to build a project that brings in money to the chain.
they want to get funds / dump and build to get money from other chains and laugh.
LeoAds is the 1st money in flow I have seen deployed.
We are trying to go live ASAP to get money flowing in also.
When this happens we can finally fix Hive.
but the biggest inflow issue is Hive is not or ever will be on any of the main CEX that people use, and no one wants to build a highly effective to bridge to any of the top DEX platforms.
VSC will change things also.
You just can't get the top Hive accounts to care but I have faith they will go away over time.
Which is why I say support self funded projects. not the one's asking for delegation and dumping HBD/Hive to fund their lifestyle and development.
Seems to be bouncing up and down today. First time I've seen this.
And now it's back up to 20% lol
lol 😆
I rushed to check that Apr
Check again. Seems to be fluctuating. I'm seeing 19% on peakd again.
wait what?
No, but this may be a good thing. 20% seems too high to sustain.