RE: Hive Power lending service: a win-win business
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It's definitely a win-win situation.
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You are viewing a single comment's thread:
It's definitely a win-win situation.
Yeah, I can see that. It's not "cheap" from borrowers' point of view, compared to hive-engine leases, where IIRC you can hunt for HP leases around 9-13%. But it adds easy entry point and some token-price-fluctuation safety for sure. From lenders' point of view, it's super lazy, it's nice that unused HP can be turned into rewards going directly into HBD savings. Of course if lender wants to build up HBD savings. Otherwise, up to 30d waiting time for "claim" then 3d to transfer. Still better than powerdown time if one would try getting own rewards as HP (OTOH, one could just switch to HBD rewards I guess..). Nice, clear, idea! HE leases have their share of users, so I guess this one would have some as well