@ocd-witness increased ours to 7% and awaiting the HF to possibly increase to 10% as discussed by others as well. 

We don't account for hbd inflation in the reward pool inflation, do we?

I've been told that we don't.
What do you think about a new split?

Newb attraction pool: 50%
Staking hbd/hive rewards 3day withdraw: 12%
Staking rewards 10 week withdraw: 20%
Witnesses: 15%
DAO: 3%

I up witness pay because I'd up consensus to 29+2, so that 5% is open to debate.
I'd up hp staking rewards and I'd shorten 13 weeks to 10 just as a bone to the passive investors.
50% to pob, 50% to folks with long term commitments sounds like an equitable split, atp.

I know it's a bit much, but if the code changes are minimal, the sooner the better, imo.

Good news for us

A stable HBD with high interest is indeed a very compelling proposition. Apart from individual yield seekers, I think it really has the potential to attract institutional investors who can't afford the risk of typical DeFi platforms. Here, we're offering layer 1 DeFi on a stablecoin. I hope we can continue making tweaks and improvements to create the combination of high interest and long-term stability and predictability (and features like hardware wallet integration which are needed by big investors). I myself will be looking to bring institutional money out of the bank and in here if the HBD savings account really meets these requirements, and I'm sure the word will spread very quickly since it's also a very easy product to use and not much to learn besides buying Bitcoin, swapping it for HBD and then putting it into HBD savings.

What are your thoughts on including some kind of a management fee (in a future hard/softfork, of course), such as a small annual percentage fee? The idea is that it could be charged for the HBD savings account service, similar to other DeFi platforms that charge fees, and it could be used to buy back Hive from the market and burn it in order to help maintain the Hive price, which again creates long-term stability for the investors. The fee could additionally be used to stabilize HBD as well (if need be). 

So if there's a high interest rate, a little bit of the HBD payments (small enough so potential investors wouldn't really care) could be used to buy and burn Hive. Just a thought.

It kind of amuses me that we've had this great feature set for many years, but we've had to have the rest of the crypto market catch up to us and cause a DEFI boom before we really start using these kind of features.

So yeh, better late than never and I applaud.  I am looking forward to having a stable and relatively safe place to park crypto funds with a yield to boot.  Next challenge - Attract commerce!

7% is a pretty high hurdle rate not many platforms are offering that on stablecoins! Will be interesting to see if news gets out about it if people from outside want to take advantage of it 

One could think of offering a higher percentage to those who decide to block HBD for longer.

For example, those who block HBD for 12 months have a higher percentage than those who decide to keep it for less time.

I support this idea and intend to increase my hodlings of HBD once the stabilization has set in.

Any increase to interest will mostly go to exchanges unless there is a massive movement off exchanges, which seems unlikely. Upbit and Bittrex together hold 4,554,613 HBD. That is 44% of the total before hive.fund is removed, and 73% if hive.fund is excluded from supply. They are not giving the interest to traders, and I don't think that will change. Only 16% of HBD is held in accounts other than those 3.

IMO the increases should wait until after the hard fork.

Edit: I suppose it could be worth having the increased yield as a marketing talking point alongside the hard fork. It's just that most of the interest generated before that fork date will end up as a freebie gift to exchanges.

In a normal year this would definitely be attractive.   This year I suspect inflation is going to be significantly higher than 7%.  That doesn't mean I think you should increase it.   I wouldn't be able to tell you what to increase it to and doing so might not be sustainable.

Anyway, I only returned to posting a month and a half ago and saw the interest.  That is a welcome thing.

I may begin putting some of mine aside to gain interest to help out. At the moment I've been using it because I fell for a stupid spear phishing attack (*first one ever*) and am trying to recover from that.


EDIT: Back in 2016 the interest was definitely a reason to power up and to hold onto the currency.

hello let me know.
Why are you putting flags on me.
My posts are already flagged and I do not know the reasons and they give me  no answers.
Thank you.

Up next: will the HIVE --> HBD conversion stop the ruthless pumps of Upbit?

Find out next time on ***HBD: The Quest for Stable Coins***.

@smooth, I'm just curious...is there a specific reason you're downvoting my posts? I'm a long time member of this platform and have contributed quite a bit to it. I'm just wondering why you're doing this?

Cool I can't wait to see what happens here in the future with hbd and the price stabilization.

Thank you very much for your hard efforts and hopefully things will work out the way we are hoping they will.