I an lowering the APR of my witness node but I don't have a target. I was voting for 18%, now I am voting for 16%

I absolutely think that it does not matter in terms of HBD supply, because the supply is low, but I think it matters in terms of signaling to possible investors that HIVE is the focus of the Blockchain, not HBD.

We (as a community) knew it when we raised it to 20%, but back then we were expecting HIVE price to be either stable or even up.

Now with crypto markets going down all around us it makes HIVE not appealing to new investors. HBD may be a gateway to HIVE, and even at low double digits APR it still is, but still HIVE needs to be more appealing.