Something i think about Hive

IMO, a slow growth from there would be fine.

Because we want all tech in place for the masses. Most apps cant afford the onboarding cost.

Don't forget an app pays twice. Marketing for new users and onboarding cost. That's one reason for the slow growth rate.

I know some say " There are enough ways to get help out the community for onboarding". That's true but I would never build a business on that promise.

That's something we should get fixed with sidechain wallets, soft wallets, or transaction wallets. Whatever we do, make the current status better is something we need.

My other point is the HBD. It can end up in a lot of broken dreams. I remember times people panic sell HBD and the Haircut come into place.

IMO it doesn't work out. Not because HBD is a bad thing, we reward the wrong thing with 10%.

A pool that earns the 10% + a little trading fee + a little burn fee should play out well.

Maybe 0,1% Trading fee on pool for liquidity provider + 0,05% burn fee.

With high transaction volumes, the pool rewards the investor with 10% + Fee and it burns a lot of tokens. That could work in the long term.

1000 000 a day in volume would mean 1000 for liquidity provider and 500 Burn. Think about defi dapps build on top of that. It could easily hit higher numbers.

That would make HBD itself more stable.

Because another pool can game that pool for transaction HBD -> Hive and Hive -> HBD to make it stable. This adds again volume to pool 1 and rewards pool 1.

Everyone wins because it adds value.

The only thing I think is needed, must be onchain. To get the most decentralized Defi pool out in crypto space.

Most secure and run by the community. Free transactions ( except the pool fees).

If this becomes big, it will work like and liquidy provider behind the scenes. Cash apps can build on top. Stores know if they accept hive/HBD they can trade it and also other chains can pair their token to hive and indirect to HBD.

So it would become way more stable with higher acceptance. Also a very good marketing argument against other stablecoins that are centralized.

Run by the community, decentralized and good rewards. IMO sounds like a win.

At the moment I think if Hive drops bigger, we see panic in HBD, a stable coin worth less than 1$. yeah not cool.

So that was it for me today :) hope you do well.

Cya next time