HBD is not without risk and the interest may dip at some point.

The Ausbit HBD page shows data about HBD. Currently the market value of HBD must be below 10% of the market value of HIVE. It is currently 1.4%. If HIVE keeps falling, then the people holding HBD will get a haircut.

BTW, it is also important to understand the HBD conversion process.

The conversion process guarantees that investors can get 95 percent of $1 USD for each HBD. As I understand the conversion works as follows. The process will destroy the HBD and create $1 USD worth of HIVE. It takes 3.5 days and charges a 5% fee.

So, you should only convert HBD to HIVE when the price of HBD is less than $0.95; otherwise it is better to trade your HBD for HIVE in the internal market:

https://wallet.hive.blog/market

Anyway, the HBD interest is phenomenal at the moment, but I would not count on it for the long term.

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