RE: 📉HIVE SE DESPLOMA: ¿Es el fin de todo?📉
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Lowering the HBD APR significantly could lead to a massive withdrawal that would make things worse for us. What witnesses should do is set an example and stop withdrawing, maintaining HODL.
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that high APR is the reason we are in this mess man. it's not sustainable. it's meant for extraction. witnesses are abusing it obviously because they set the rate and now they withdrawing which is putting huge downwards pressure on Hive. I don't recall hive ever reaching this low before. I'd rather take a big hit now and recover then just slowly bleed to death which is what's happening now. HODL doesnt work mate. people depositing HBD cuz its almost risk free gains especially if you have a lot of capital.