What's your thoughts on the ongoing HBD Savings APY Debate?

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The beauty of the social aspect of the Hive blockchain is that there is always a "matters arising". Yeah, this is what really qualifies the Hive blockchain to be a social media. There is always something to talk and debate about. Sometimes it could be about the blockchain itself or another blockchain.

The trending discourse on Hive is on the savings APY for Hive Dollars (HBD). Some persons think that the present 20% APY for HBD is too much and that it is hindering the adoption of $HIVE crypto, since the HBD savings APY is higher than $HIVE staking and curation APY. See the below context:

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 signaling 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.

Many propositions has arose for and against the above notion and it is a worthy debate as it concerns our dear Hive blockchain. What are your thoughts? Have you yet lend your voice in the debate? share the link if its a post in the comments section oe just air your views in the comments. $CENT pecks would be given.

Posted Using LeoFinance Alpha

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I am neutral on this deabate since I am not that good on math. I also don't have any saving on HBD, but looking at how LUNA is now nowhere to be seen, I guess lowering it down a little bit is not a big problem. Unless for those who has a big HBD savings.
!LUV

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All good things come to an end, 20% is a nice round number. I only have a balance of 1300 HBD so it wouldn't amount to much if it drop to 15% or 12%. BUT, If I had 25k HBD it would matter more. I really should be loading up on cheap Hive power anyway as I prefer to curate.

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