Park rates are currently 20% for 6 months on US-NBT. That is 40% on an annualized basis. The annual rate is the same for durations down to 22 days. It is a great time to get a high rate of return on a stable currency.
Due to the senseless Augeas default in June, it is now a fact that US NuBits, can, under some circumstances, lose value. NuBits can't gain value. So, a monetary instrument that has under limited circumstances lost most of its value but can't gain in value isn't very appealling. The best way to remedy the situation is offer NuBit holders a gain on their NuBits, in the form of park rates. Once we establish growth in demand for NuBits with park rates, we should slowly lower the rate we offer over an extended period. I expect we should be offering park rates on NuBits for an extended period. Right now, they should be very high. This can help us counterbalance the likely reduction in demand as a result of the Poloniex delisting.
As Chief of Liquidity Operations, I will sell NSR down to 1 satoshi if needed to defend the peg. I am committed to it, so long as shareholders grant me sufficient NSR. I fully expect the value of US NuBits to remain $1.
Let's spread the word of these generous park rates.