![image.png](https://files.peakd.com/file/peakd-hive/chesatochi/23tcNhoPwWUq7B9psL3t9P92Ga3mERpNffHmMyHUVixDacQaqD7R1K2AoqAfFjVWxfF8k.png)


### Introduction

**I still love algorithmic stablecoin like HBD where the price fluctuates around the range of 0.96 to 1.00.** Right now, I am accumulating my position for the juicy 20% position because it is cool to have that option on the table.

Stability is an important aspect we need in the crypto sphere. People on Hive love to criticize to change something that works where everyone can lock their HBD. 

**Many don't like it and prefer to stick solely to Hive because they are bullish on this asset. They think Hive will reach the $1 mark again and beyond.**

At least when your power up, you receive 3% interest on this asset.

### Why change rules

I saw a few days ago some posts starting the discussion to change the APY of HBD. They bring different reasons like is not sustainable or brings stability to this asset. 

I don't buy any of those arguments! **In the Defi world is easy to find stablecoins pools where you can get around 20% in different chains like Optimism, Polygon, etc...**

I love the stability of Hive during the bear and bull markets with an option of making a small income with HBD at 20%. When you want to change constantly the rules, it does not make people confident about a debacle where people lose the energy to change the APY of HBD.

Why not focus on the aim to diminish the supply of Hive? Like every time you transact you burn the token like on the Ethereum network.

### SocialFi Blockchain Hive

**People focus their energy on onboarding the most users possible and the aim is only a small community that is active. You see the Hive ecosystem is only 107 million in the market.** 

It is a very tiny market in the global sphere of crypto. It is one of the reasons I would never put all my effort here. You can spend weeks and months with the impression your tokens increase, but in terms of fiat value, you stagnate. 

This is caused by the printing press of Hive, nothing is perfect but is working, and I love this blockchain.

![image.png](https://files.peakd.com/file/peakd-hive/chesatochi/23tSym8hDcHuT7XW2RQvjVfKkzNTxxDA9SF8VUogWFDoz7LLoqUfxc4cxPS5WeV9u9vc5.png)

### Locking HBD for higher APY

Now the debacle is people want to promote the idea to lock your HBD for different timeframes for higher APY. So if this idea comes to fruition, you can expect to make a low APY if you just stake your HBD.

I don't like this idea because if you need your funds, you cannot move them rapidly. Maybe if you unlock them early, you will lose your APY or something of this kind.

I prefer the current system and the status quo is the best option because I have the intention to increase my position. 

The majority of witnesses have not changed the rule of 20% and I believe it will remain like this. Some have changed it to 15% at the top, and many will just follow what others did even if we are a decentralized system.

**Nothing is perfect and other options exist outside of Hive for making 20% or more on stablecoins. You see I will never put all my hope into constantly changing the rules.**

I love the Hive ecosystem!


![image.png](https://files.peakd.com/file/peakd-hive/chesatochi/23t8CoYsDE9HuSnvDseLdYyJ2LN5ihsNwgLEfuHyMBMKU8Rkk41UL7AUiSfAJbw6EcafG.png)

### Conclusion

Nothing is perfect and to change constantly the rules based on the market conditions is not the right answer but I would like the HBD to remain at 20% APY. I cannot understand why putting it at 15% or 10% would make Hive better! 

Instead, focus on changing the supply and burn Hive where the price might get better eventually.

What is going to happen? The free market will decide and I will adapt the this new reality.

Have an awesome day
@Chesatochi