RE: APR for HBD in Savings Dropped to 19% for a Short While. Want to know why?
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20% was an attractive amount. Reduction in savings APR may be caused a negative impact on the savings. Although 20% APR is too much as I did not see this to much interest anywhere. Have you seen?
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I imagine the APR will bounce between 19 and 20% for a while unless more consensus witnesses decide to lower it.
I haven't, but I haven't looked either. I don't know if the APR itself is a problem or the way we act, which is often detrimental to HIVE. Of course, the APR can be an incentive when the price of HIVE goes down or sideways, and the bigger it is the bigger the incentive. Unfortunately, this shows how short-term our investment outlooks are in crypto.
That's the main issue! People roar into 20% APR in HBD like there is no tomorrow... 😞
Yeah, man! It's almost sad sometimes to watch the spectacle, which is generalized in crypto.