Thanks, Bill!
Still new to this... What is the major difference or incentive to borrowing against the HERO vs the BitUSD? Wouldn't the HERO keep going up if it is at ~5% each year? It seems that its value would go up as the dollar currently goes down but I am sure I am missing something. 🤔
Good question. I like the Hero because more conservative investors have an incentive to earn interest, much like a bond. It attracts a completey different market.
That is it exactly. The HERO will gain 5% year on year while the dollar historically lose 5%. BitUSD trades at dollar face value give or take 1% so it will lose its value over time.
HEROS are designed as a stable, non volatile smartcoin targeting retirement funds etc.. who are risk adverse.