That's a great feature but it is a centralized solution. Good luck with trial phase.
If you get collateral as HBD, will you be saving it into a savings account to earn 12% yield on top of it? who takes the yield? bearbonds or the person who is taking loan.
Why would someone take a loan if he has 2x the amount? unless that is an asset like BTC they don't want to sell or just saving on taxes?
RE: Introducing Bear Bonds - Collateral backed loans have arrived on HIVE (no keys req)