[bisq-network/proposals] Decide on interest rate for BSQ bonds of bonded roles (#120)
Justin Carter
notifications at github.com
Thu Sep 12 12:14:01 UTC 2019
Why should ppl not want to lock up BSQ if its a buy in for taking on a role? As long as the role has a higher expected return than lending to a Bank it shouldn't be a problem.
If we give interest on the bond we are enforcing a 'rich-get-richer' type of economy instead of a meritocracy. Only ppl with money get to take on roles and they get compensated twice over, for the role and the interest on the bond. A meritocracy needs a low barrier for entry and no rent-seeking.
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