You are viewing a single comment's thread from:

RE: HBD Staking on VSC

in #hive5 months ago

Staked HBD (sHBD) is HBD that is manually staked on VSC and does not generate RCs.

Now you can perform transactions with the RC associated with that amount of HBD staked and earn interest while still allowing you to access its value in the form of sHBD.

These are the lines that led to the questions.
It appears to say that staked hbd will earn rc's.

IF I send shbd to another account does the underlying staked hbd also go to the account thereby reducing my amount earning interest?
When does the shbd reconcile to my account?

I can't very well send my cake and have it too, can I?

Sort:  

sHBD will generate interest on a monthly basis. If you send it before it gets compounded then they will receive the interest attached to the sHBD. We will formalize this process a bit more in the future as we figure out the exact model this will be done.