A certain percentage of the HBD that is swapped to pHBD will be placed in the savings account.
this means that the leo team will compound that HBD (in their savings account) which they collect?
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A certain percentage of the HBD that is swapped to pHBD will be placed in the savings account.
this means that the leo team will compound that HBD (in their savings account) which they collect?
At least a portion of it. There need to be some liquid since the savings is locked for 3 days. So maybe 50% is put in the savings to earn interest which will help the return.
As stated, we dont have the details so hard to know what they are going to do.
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I believe most of the interest will by paid to LPs to incentivize building the pool. There might be a fee charged by the project, I don't know.