RE: The Ripple Effects of HBD’s Risk Free Return
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Here he is, Shill Kohler 😜
But yeah as you pointed out, the interest on HBD is a lot more than just a 3%. Opens up the doors and gives reason to hold on to it with the once per month payout! Seems like it holds its peg better than SBD but still not always at $1. I'll be holding HBD now in any case with the other 50% going to HP that gets put to work with voting (and also earns 3% too!)
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You know me? Nothing but a paid shill not financial advice just me pumping my own bags!
If I’m not mistaken I think interest is paid out every 30 days or so! If you making transactions in you wallet in HBD.
I was actually looking at CEL and BlockFi and they only support ETH you can’t even send them stable coins on a side chain or a other chain like BSC that’s cheaper.
Until then I’ll park in HBD! My rule is if it takes more than a months worth of interest to cover your fees when moving a coin that transaction is not worth it
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Hmm... wonder if the transactions includes claiming rewards. Either way, time to stack HBD!
I think that will be coming with CEL - they have AMAs each week but looking at their own credit card offering, the insurance and adding more tokens - could always put it in as a suggestion but wonder who will be using HBD as collateral on a loan in CeFi...
That's a good rule, one I've rigorously enforced myself!
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I checked my peakd wallet and there’s filter for interest and also one for escrow so i have a hunch that’s setting things up for HIVE loans which would make HBD even more tastey to use since you could collateralise your HIVE or tokens abs get HBD to spend
It’s a solid model that HODL HODL has been using with Bitcoin multi-sig wallets