> Here is a quote:
Why would anyone invest in Hive when you can simply get HBD, lock it up, and get an easy 20% every year? To increase the importance of HIVE, I would like to propose to our community that we reduce HBD APR to a maximum of 12% (as I am signalling right now). The reasoning behind 12% is that even if you actively participate in curating content on Layer 1 on top of receiving passive inflation, the approximate yearly APR you're receiving on your Hive Power is about 10 to 11%. I am hoping that these numbers reinforce the aforementioned notion.

That's the worst justification ever 🤣 HBD is nothing without hive and it does nothing but add to the value of hive and the longer and better it holds the peg the more value it bring to hive, an argument about inflation would be better but if we can sustain 20% especially as it scales it's going to become a very attractive savings account for many more people inside and outside the crypto space.