RE: HIVE can participate in the emerging DeFi landscape.
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It is a very different concept to "staking" as we know it on Hive. It would not mean powering up. Basically, to participate once the thorchain mainnet is operating, hive holders would have the option to add their liquid hive into a liquidity pool on thorchain. Those funds are balanced in the pool with RUNE. THe hive is then available for anyone to swap in and out, with any other pooled asset (BTC, ETH, BNB or whatever).
When you decide you want your hive back, you simply "unstake" and your hive is back in your wallet in minutes, plus your share of the fees that the pool has generated.
I have only been researching a few weeks, this is my understanding of how it could work, but I'd need more info to be sure.
So, you'd transfer your HIVE into a Hive account owned by the exchange? How is that trustless? Why is Thorchain a blockchain?
The "No KYC" thing sounds nice, but if I am loaning my HIVE to some other chain, that does not seem trustless at all, and even reminds me of the BEOS thing. I prefer as trustless as possible.
Also, you say "you want your hive back, you simply "unstake" and your hive is back in your wallet in minutes" - why minutes? Is a human middleman involved in that in any way? Why not seconds? The Hive chain has 3 second blocks iirc.