Exactly… the big question is whether people will rotate back into HIVE or simply exit. The APR cut will definitely change user behavior, especially for those building long-term HBD positions.
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If I was holding a significant chunk in HBD right now and my rate was cut from 15% to 6% I would simply exit and not rotate into Hive.
I have to agree with you because i don't see Hive bouncing back anytime soon. The HP curation reward may not be enough for you to break even 😢
If that will be the case, those who have influence must consider the consequences cautiously before making such a change.