Lending exchange rate is $8 per HBC
Internal exchange for HBC is $3 ish, this needs to be fixed. My daily interest should be able to convert to more HBC. Fix it or this is a plain scam.
Is it really though are or you just greedy? Think with me here for a second.
If you invested $5000 today that would buy you 1612 HBC tokens ($5000/$3.10)
You then sent them to the HBC platform and you lend the 1612 HBC coins for $8.00 which means your total loan is $12900 which is $7900 more than your actual investment. You then receive your first interest payment and lets say it was 0.015% that would be 12900 x 0.015 which equals $193.50. Now you transfer that money to HBC coins at a rate of $8.00 and you receive 24 HBC ($193/$8) you then sell those 24 coins for market price of $3.10 and make $74.40 as total profit. You may think you have been ripped off however lets go back to your original investment of $5000 which is the actual true value of what you have invested. $5000 x 0.015% equal $75 dollars.
This isnt a scam its an economical way to prevent the lending platform being flooded with cheap coins sir