Official Announcement of Our 'We Are Alive Tribe' and 'MMB (Maximum Mutual Benefit) Project' Witness Node, @aliveandmmb! - Saturday, November 29, 2025
Warm greetings all! 😁 🙏 💚 ✨ 🤙
I'm very happy to announce that our new collaboratively shared witness node, between the We Are Alive Tribe and the MMB (Maximum Mutual Benefit) Project, is now alive! Although I've been mentioning our new witness in my daily posts over the last couple of days, this is our official witness-announcement post. I've been wanting to get a 'We Are Alive Tribe' witness node up and running for quite a while now, and while we've discussed it, and it's been on our to-do list, the idea sat on the shelf for most of this past year, until Bjorn (@borniet), our bodaciously badass backend coding-and-hosting maestro, surprised us with the news our new, up-and-running witness node a few days ago.
A collaboratively shared witness between the 'We Are Alive Tribe', and Bjorn's and my MMB Project, is a natural development given that they are both perfectly aligned in purpose, and because he and I are both a part of the 'We Are Alive Tribe' Core-Leadership Circle. Both exist to support, and to help everyone involved, to grow and thrive, by creating and building systems of abundance that benefit us all over time.
Since this witness is a joint venture, and we don't want to waste useful HP during powerdown periods, our present plan is to keep all the HP on the account, and to delegate it using a 50/20/20/10 ratio, where 50% would go to 'We Are Alive Tribe' accounts (to give ya'll stronger upvotes, and to continue building the 'We Are Alive Tribe' financial infrastructure), 20% would be delegated to 'MMB Project' accounts (to flesh out some of the cool ideas that we've discussed), 20% would be delegated to accounts of Bjorn's choice (to compensate him for hosting and maintaining our witness node), and 10% would be left undelegated on @aliveandmmb, so that it will be useful in our curation trail.
Although we'd love to be able to set the APR for HBD at 20%, or even at 15%, given the present level of Hive Debt and HIVE inflation, for the moment I've set the APR for HBD at 12%, which seems to be the sweet spot, or at least not as bitter, between what it is now and the 6% that is being suggested. I'll adjust it over time, keeping it as high as possible, while also doing my best to make responsible decisions.
The We Are Alive Tribe and the MMB Project are here to create and build a community, and a system of abundance, that is good for all of us, and that helps us all to grow, succeed, and thrive, and the higher that our witness is able go go in the ranking, the more abundantly we'll be able to share and give back to you, our deeply-valued and loyal community.
Vote for our @aliveandmmb Witness Node!
The We Are Alive Tribe Community and the MMB (Maximum Mutual Benefit) Project exist to support, and to help everyone involved, to grow and succeed. We endeavor to create and build maximally mutually-beneficial systems of abundance that are good for all of us, and in which we may all thrive. The better that we do, and the more and larger income streams that we're able to create and grow, the more that we will be able to support and share with all of you, our beloved 'We Are Alive Tribe' community.
Signature image created by @doze, and the dividers made by @thepeakstudio, with all tweaked to their present form by me, @tydynrain.
I just gave aliveandmmb a vote on the witness list. I am looking forward to the day when you start verifying blocks.
Personally, I think the HBD interest should be zero. HBD derives its value from HIVE. HBD is a derivative and derivatives are dangerous.
It appears to me that the interest on HBD has been pushing down the value of HIVE and all of the coins on #hive-engine since we raised the interest rate to 20%. 15% and 12% are still too high.
The conversion functions and HBD stabilization funds are sufficient to maintain the dollar peg.
Good luck on the witness node.
!ALIVE
Thank you so much, my friend, I deeply appreciate that, and yes, us too. Hopefully it will be soon.
That's so interesting. You're the first individual that I've heard say he prefers 0% APR, but you're right on the derivative nature of HBD. It's basically an IOU for HIVE, so HIVE debt.
That may indeed be accurate, since it caused most HBD to be deposited to Savings, which generated much more virutual HIVE to balance it out. We got into this massive Hive debt that we have now precisely because of how HBD has been used. The thing is too, that if the APR is at 10% or lower, then most people would simply withdraw it and either sell it or power it up. I know that I'd power it up. Another unpleasant aspect about HBD is that since it is pegged to the price of the US Dollar, which because it's a fiat currency it's always losing value over time, so that would suggest that HIVE's own value is also decreasing over time, but that we don't notice it because we measure it by HBD. I don't at all like the idea of HBD being pegged to a fiat currency.
Many thanks again for your witness support, and for your well-wishes, and we will do our absolute best. 😁🙏💚✨🤙
!ALIVE
!BBH
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