RE: HBD, Arbitrage, And The Internal Exchange
(Edited)
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20% is enough to be attractive for anyone looking to earn yield. It's more than you can get just about anywhere else. If people aren't buying it, that's because they aren't that interested in yield (or aren't aware of it at all). Moving it up even higher might move the needle a little but there is a question of diminishing returns vs. cost.
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that's what I was curious about, the rationale behind the number. Thanks for the explanation :)
I would say a lot of other things to work on surrounding HBD at the moment rather than raising the APR.
I am sure the latter factors in a great deal. Word has not spread a ton.
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It's a combination. The people who are aware of it aren't interested in investing much more than they already are for yield and many more aren't aware.
Question for you:
When is HBD considered in the circulating supply that shows up on Hiveblocks? Is it when it is claimed in our wallets from staking in savings or as it is earned?
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Interest isn't included until paid out/claimed.
On the other hand, post rewards are included in supply when paid out, before being claimed.
Thank you.
Good point about the rewards.
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