To start, you are talking about different type of investors. Many who are picking up HBD are doing so for the 20% return. They are seeking yield, not a spec play. If they were interested in that, they could just get Hive to begin with.

Secondly, when the 30% level is hit, the blockchain stops producing HBD until the level is regained. That is the reason for the haircut to begin with. No different than it behaves today at 10%.

Why raise the limit preemtively from 10% to 30%, when the only experience we have is around 10% debt limit, and we are currently sitting at 2,5%?

Because there is the need for a lot more HBD. If it is going to be a serious stablecoin, you cannot have it with only 10 million floating out there. Look at how hard it is to fill the liquidity pool on Polycub. They are barely at 150K HBD.

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